<ul data-eligibleForWebStory="true"><li>Ethereum saw a strong comeback in Q2, surging 33.47% and aiming to reach $4,000, currently trading above $2,000.</li><li>Ethereum's transition to a proof-of-stake network has driven renewed interest, with over 35 million ETH being staked.</li><li>Concerns arise as major players like Lido, Binance, and Coinbase control nearly 40% of Ethereum's staked supply, potentially leading to governance risks.</li><li>Ethereum's increasing on-chain activity, surging derivatives market, and Vitalik Buterin's focus on decentralized identity suggest a bullish outlook for Ethereum's potential breakout in the upcoming months.</li></ul>

Is Ethereum’s $4,000 Target Still in Play After Q2 Gains and Growing ETH Staking?

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