Ethereum approaches US$ 4,000 and boosts optimism among investors
April 9, 2025 – Binance Newsroom
Ethereum (ETH) continues on a path of appreciation and is nearing the mark of US$ 4,000, fueling positive expectations in the market. The upward movement is driven by a combination of technical and fundamental factors, including advancements in the network, increased demand for decentralized applications (dApps), and greater institutional interest.
In the last seven days, ETH has seen an appreciation of more than 6%, following the general trend of recovery in the crypto market. The Dencun update, implemented at the beginning of the year, continues to show positive effects, such as a significant reduction in transaction fees and greater network efficiency.
Moreover, growth in the decentralized finance (DeFi) sector and progress in projects for tokenizing traditional assets have reinforced Ethereum's role as the foundation of Web3.
Analysts highlight that if Ethereum strongly surpasses the resistance of US$ 4,000, it could open the door to seek higher levels, focusing on US$ 4,500 in the medium term.
Binance continues to offer full support for the Ethereum ecosystem, with access to ETH, ERC-20 tokens, staking, and various integrated DeFi solutions.
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