<ul data-eligibleForWebStory="true">Ethereum is showing strong upside potential, with on-chain and macro developments suggesting a major price move.Optimism is fueled by developments in ETFs, regulatory frameworks, and institutional demand, indicating expanding utility.Regulation of stablecoins under the Genius Act could increase capital inflows into Ethereum's ecosystem.Institutional buyers have added over $1.25 billion worth of ETH in under three weeks, signaling strong conviction in Ethereum's value.An Ethereum Staking ETF approval, with 29% of ETH staked, could attract more large investors and boost the asset's value proposition.Ethereum holds over 55% of all total value locked in crypto, with Layer 2 networks and tokenized real-world assets driving adoption.Current ETH price is at $2,551.99, with trading volume at $12.05 billion and a recent 34.70% decrease in trading activity.Analysts believe $10,000 ETH is realistic if current momentum continues.The next anticipated date for regulatory review of an Ethereum Staking ETF is July 4, potentially drawing more capital into the ETH ecosystem.Overall, Ethereum is seen as a multi-faceted asset with rising institutional interest, regulatory clarity, and staking rewards.Many believe Ethereum’s recent consolidation could lead to a breakout with a faster and larger price move.Analysts suggest that the $10,000 ETH target is no longer implausible but a matter of timing.Strong ETF inflows, stablecoin regulations, and the potential Staking ETF approval are seen as factors driving Ethereum's price growth.Layer 2 network growth and the rise of tokenized real-world assets are expected to further boost adoption of Ethereum.Stablecoin legislation like the Genius Act could unlock access for traditional finance players and accelerate Ethereum adoption.With the current market conditions, analysts expect Ethereum to continue its upward trajectory towards the $10,000 price target.