🚀 "Ethereum (ETH) Surges to ~$4,740 on Institutional ETF Demand & Technical Upgrades"
🔹 Quick Stats (Aug 14, 2025)
Price: ~$4,740 (↑ ~2–3% 24h)
Market Cap: ~$571–575 billion (circulating supply ~120 million ETH)
Volume (24h): ~$60–62 billion
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🔧 What Is ETH?
ETH is the native token of Ethereum, a pioneering smart contract blockchain enabling decentralized applications (dApps), NFTs, and DeFi without intermediaries. It transitioned to Proof-of-Stake with the Merge, reducing energy usage by over 99% and enabling staking via the Network Nervous System (NNS) governance model.
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📈 Highlights
Ethereum hit a fresh multi-year high (~$4,723–$4,740), buoyed by growing institutional ETF inflows and bullish sentiment driven by the Pectra upgrade, which improved network efficiency.
Institutional Confidence: Standard Chartered elevated its year-end ETH forecast to $7,500, citing its foundational role in the stablecoin ecosystem and increased global adoption. A long-term projection even envisions a potential rise to $25,000 by 2028.
Market drivers include U.S. regulatory clarity around Ethereum ETFs and optimism around a potential Federal Reserve rate cut, contributing to risk-on positioning.
> Disclaimer: For educational use only—not financial advice.
