Ethereum, the worldโs second-largest cryptocurrency by market capitalization, is gaining strong bullish momentum this week as institutional investors continue to pour capital into the asset. With renewed interest in DeFi protocols and a surge in on-chain activity, ETH has shown resilience above the $3,400 mark, eyeing further gains.
#CryptoMarket4T #ETHBreakout3.5k
---
๐ Key Highlights:
Price Movement: Ethereum is currently trading around $3,470, up nearly 6% in the past 7 days.
DeFi Revival: The Total Value Locked (TVL) across Ethereum-based DeFi protocols has surged past $110 billion, marking its highest point in 2025.
ETF Optimism: Growing anticipation around Ethereum spot ETFs has boosted investor confidence, with analysts predicting a possible approval in Q3 2025.
Staking on the Rise: Over 33 million ETH are now locked in staking contracts, reducing circulating supply and increasing network security.
Layer 2 Scaling: Platforms like Arbitrum and Optimism continue to thrive, processing over 60% of Ethereum transactions while significantly reducing gas fees.