ETH Surges 3.92% as ETF Inflows Hit 43,668 and Network Scalability Drives Momentum

Ethereum (ETH) is currently trading at $2,668.00 on Binance, reflecting a 3.92% increase over the past 24 hours with a 24h open of $2,567.43 and robust trading volume, while the market capitalization remains above $308 billion and the circulating supply is approximately 120.73 million ETH. The recent price increase is attributed to strong net inflows into Ethereum ETFs totaling 43,668 ETH, renewed investor interest following a 46% monthly gain, and positive sentiment driven by technical momentum near key resistance levels; additional support comes from record ETF inflows across the sector and ongoing developments in Ethereum’s network scalability, including discussions about increasing the Layer1 gas limit.