Recent developments include a significant drop in Ethereum gas fees to a two-year low of $0.41, which could signal potential for ETH to reach $4,000 or higher.
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Additionally, inflows to spot Ethereum exchange-traded funds (ETFs) have been growing as investors rotate money out of Bitcoin, indicating increased institutional interest in Ethereum.
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Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. It's advisable to consult multiple sources and consider your financial situation before making investment decisions.