Ethereum Nears $3,600—Smart Contracts Lead Institutional Surge
📈 Ethereum (ETH) has surged past $3,600, marking a 15% weekly gain and its highest level since early 2022. The rally is fueled by record ETF inflows, smart contract adoption, and the passage of the GENIUS Act, which brings regulatory clarity to stablecoins and DeFi.
💬 “Ethereum is becoming the backbone of programmable finance,” said analysts at AInvest.
Major institutions like BlackRock and SharpLink Gaming have increased ETH exposure, with ETF inflows topping $726M this week alone.
📊 Key metrics:
- ETH price: $3,601.72
- Market cap: $430B+
- ETF inflows: $726M
- Staking yield: 4.8%
- RSI: 85.4 (overbought zone)
Why it matters:
✅ Institutional confidence is rising amid smart contract utility
✅ GENIUS Act unlocks stablecoin innovation on Ethereum
✅ ETH is outperforming BTC and leading the altcoin rally
🧠 Will Ethereum test $4,000 next—or consolidate before the next leg up?
👇 Are you staking ETH or rotating into L2s and DeFi tokens?
📌 Follow me for daily Ethereum insights and smart contract adoption trends.
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