Ethereum trades around $3,713 USD, up 6.3% intraday, with intraday highs near $3,713 and lows around $3,484, following a strong July rally . The surge is fueled by $10.3B institutional inflows, including growing spot ETF interest and corporate treasury accumulation . Market optimism is supported by the recent stablecoin regulation (GENIUS Act) and U.S. SEC's Project Crypto, boosting Ethereum’s central role in tokenization, DeFi, and stablecoin issuance . Near-term resistance lies around $4,100, and analysts eye potential for new all-time highs if momentum remains intact .