Ethereum (ETH) has surged to $4,600, marking its strongest price level in months as institutional adoption and spot ETF inflows continue to accelerate.
The rally comes on the heels of rising investor confidence in Ethereum’s long-term role in decentralized finance (DeFi), tokenization, and the growing market for blockchain-based applications.
Key Factors Driving ETH’s Rise
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ETF Momentum – Spot Ethereum ETFs are recording record-breaking volumes alongside Bitcoin.
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On-Chain Growth – Ethereum remains the leading blockchain for DeFi, NFTs, and tokenization projects.
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Institutional Interest – Large asset managers are expanding ETH exposure, viewing it as both a growth and yield-generating asset.
CentBit Insight
With Ethereum climbing past $4,600, the second-largest cryptocurrency by market cap continues to solidify its position as the backbone of Web3. Analysts suggest ETH could test new all-time highs if ETF inflows remain strong.
