The Ethereum network shows steady growth with over 134,000 new $ETH addresses created daily, indicating increasing interest and activity.
Despite being dismissed as 'dead' when its price was around $2,400, Ethereum's price surge to $3,800 has reignited enthusiasm, attracting more investors.
Experts project a mid-term price target of $6,000 and a long-term goal of $10,000 for Ethereum, citing robust fundamentals and institutional interest.
Ethereum spot ETFs experienced significant inflows, with $133 million added in net inflows over seven consecutive days, signaling growing institutional confidence.