ETH Surges 4.6% as Options Expiry, Pectra Upgrade, and ETF Inflows Drive Bullish Momentum

Ethereum (ETH) is currently trading at $2,606.49 with a 24-hour opening price of $2,491.84, reflecting a 4.60% increase and robust trading volume, supported by a 45% surge in trading activity and a market capitalization of approximately $314.21 billion. The recent price rise is largely attributed to the expiration of over $11.6 billion in Bitcoin and Ethereum options, which triggered more than $750 million in leveraged liquidations and heightened market volatility, alongside renewed bullish sentiment driven by strong spot demand, positive market outlooks, and the ongoing impact of Ethereum’s recent Pectra upgrade and ETF inflows.