<ul data-eligibleForWebStory="false">Ether has surged over 100% from its April lows under $1,400 to a peak of $2,800, entering a consolidation phase now.Ethereum-based investment products have seen strong momentum, with $226.4 million in net inflows last week.Exchange supply of ETH has dropped to an eight-year low of 13.5%, strengthening the bullish outlook.ETH experienced a sharp correction, falling 26.5% from $2,879 to $2,111, currently trading around $2,620.