🔥 Why is $ETH rising tremendously?
Ethereum ($ETH ) broke $3,300 and is aiming higher 📈
But... what is driving this movement?
Here are 5 key reasons why ETH is in explosion mode — and why this is just the beginning 👇
1. ✅ Approval of the Ethereum (spot) ETF
On May 23, the SEC approved spot ETH ETFs, just like it did with Bitcoin in January.
This means that soon large funds, banks, and companies will be able to buy Ethereum directly through the traditional market.
💣 Result: more demand, less supply, and the price skyrockets.
2. 🧾 ETH is no longer a “security”
The SEC also confirmed that Ethereum is not a financial security.
This eliminates a huge regulatory risk that scared many institutional investors.
💡 Now, ETH is legal and regulated in the U.S. as a decentralized digital asset. This opens the doors for pension funds, hedge funds, and more.
3. 🔥 ETH is deflationary
Since the The Merge upgrade and the shift to Proof of Stake, Ethereum burns more tokens than are created.
👉 Less supply = higher price over time.
With each transaction, part of the ETH disappears forever. And the market loves that.
4. 🌐 Dominance in DeFi and Web3
More than 60% of the DeFi and NFT ecosystem still lives on Ethereum or on networks that depend on it (Arbitrum, Base, zkSync, Optimism, etc.).
When the market activates, fees rise, more ETH is burned, and activity increases. A perfect cycle for the price to soar.
5. 🏦 Silent accumulation by whales
For months, large wallets have been buying ETH in the $2,000–2,500 range.
Now that the ETF narrative is official, they are starting to move the price.
📊 The ETH locked in staking has also increased, further reducing the available supply.
📌 My opinion:
Ethereum is entering a new institutional phase. It is no longer just a network for nerds or developers; it is now a global financial asset.