Thank you for Reading
Ethereum has surpassed the $2,700 mark again, fueled by a significant rise in staked ETH, which has reached an all-time high of 34.8 million ETH.
This increase in staking reflects growing confidence among retail and institutional investors in Ethereum's long-term value and ecosystem potential.
Institutional interest is evident, with firms like BlackRock accumulating Ethereum, indicating traction among large asset managers.
Technical indicators suggest a potential short-term pause, but Ethereum's fundamentals and upgraded protocol efficiency position it for continued growth.