Ethereum Surges Past $3K Institutions Are Buying, Not Just Watching
Ethereum($ETH) just broke the $3,000 barrier, rallying 19% in a week and attracting serious institutional attention ๐
๐ฆ SharpLink Gaming bought 10,000 ETH directly from the Ethereum Foundation worth $30M
๐ ETH spot ETFs saw 61,000 ETH in inflows over 8 straight weeks
๐ Over 30% of ETH supply is staked, tightening liquidity and boosting price pressure
With upgrades like Danksharding and Proto-Danksharding on the horizon, Ethereum isnโt just risingโitโs evolving.
Analysts now eye $3,650 to $4,000 as the next target. Will ETH become the backbone of institutional finance?