Etherium! $ETH
A notable development contributing to this upward momentum is SharpLink Gaming’s announcement of a $425 million investment to acquire 120,000 ETH for its treasury. This move, backed by Ethereum co-founder Joe Lubin, has bolstered market confidence and led analysts to adjust their price targets, with some now eyeing the $3,000 mark . 
However, it’s important to remain cautious. Recent whale activity, including the sale of over $530 million in ETH, has introduced some volatility and resistance around the $2,700 level . Additionally, a $12 million exploit involving wstETH has added to short-term market uncertainties .  
Looking ahead, Ethereum’s trajectory will likely be influenced by upcoming network upgrades, such as the anticipated Pectra update, and broader market dynamics. While the current outlook remains bullish, investors should stay informed and consider both the opportunities and risks in this evolving landscape.
