Ethereum's DeFi ecosystem holds $60 billion in total value locked, representing over 53% of the global DeFi market.
Ethereum hosts $124 billion in stablecoin market value, which makes up more than 50% of the global supply.
Institutional involvement in Ethereum is growing, with ETF assets under management reaching $7.2 billion and notable investments in Ethereum-based assets.
Anticipated macroeconomic and regulatory trends, along with strong network fundamentals, contribute to a $5,000 price target for Ethereum this cycle.