#ETH4500Next? $ETH

Ethereum has indeed broken through the $4,000 barrier, with its current price sitting at $4,247.88 USD ¹. This surge can be attributed to several factors, including major upgrades like Pectra that have enhanced Ethereum's usability and scalability. The recent passing of the Genius Act is also expected to drive the adoption of stablecoins, with Ethereum being the prime beneficiary due to its reputation as the most secure and battle-tested layer 1 on the market.

Institutional investors are also taking notice, with ETH ETFs experiencing massive inflows of billions of dollars over the past few weeks. This growing interest from institutional investors could further propel Ethereum's price, potentially leading to an all-time high (ATH) in the near future. Some predictions even suggest that Ethereum could reach $6,000 to $8,000 later this year, making it a serious long-term contender to Bitcoin as the top cryptocurrency ² #ETH8000k #Ethereum #ETH6000k