Ethereum (ETH) Surpasses 3,500 USDT with a 4.89% Increase in 24 Hours

Ethereum (ETH) $ETH has broken past the 3,500 USDT mark, posting a 4.89% increase in just 24 hours and an impressive 7.76% weekly gain. The surge is largely attributed to strong ETF inflows, rising on-chain activity, and bullish sentiment around upcoming Ethereum Layer-2 developments. ETH continues to benefit from institutional adoption, especially after regulatory clarity around staking. Projects like Arbitrum (ARB) and Optimism (OP) are also gaining momentum, contributing to Ethereum’s overall ecosystem strength. This rally reinforces ETH’s position as the leading smart contract platform and a favorite for developers building decentralized applications (dApps). Analysts suggest ETH could test the $3,800 resistance level if macroeconomic conditions remain favorable. With the U.S. government’s supportive stance on crypto policies, Ethereum's rise signals renewed confidence in the altcoin sector.