$ETH
🔥 ETH – Ethereum moves strongly amid global anticipation for ETF fund approvals
The Ethereum (ETH) currency continues to attract attention, with the price reaching levels close to $2700, supported by institutional momentum and encouraging regulatory statements.
🔹 Key updates:
The U.S. Securities and Exchange Commission (SEC) has given the initial green light to several Ethereum Spot ETFs, in a historic move that could open the door to massive inflows similar to what happened with Bitcoin. Continued performance improvements on the Ethereum network after the Dencun upgrade, which reduced costs on secondary networks (Layer 2) like Optimism and Base. DeFi and NFT projects are witnessing a gradual recovery, supporting overall activity on the network.
📈 Technically, Ethereum is moving within an ascending channel, with expectations that breaking the $2800 level could push the price towards $3200 in the short term.
💬 Between institutional adoption, technical advancements, and increasing demand for network usage – ETH proves to be more than just a "digital currency"… it is the cornerstone of the future of the internet.
Do you think Ethereum is on its way to recording a new historical peak soon? 🚀