Ethereum continues to demonstrate strong growth, rising by 5% and approaching new short-term highs, with increasing institutional interest and network activity.
Ethereum Market is in Growth Phase
The recent increase in Ethereum is not coincidental; several key factors are driving investor optimism. Institutional accumulation and anticipated protocol upgrades are shaping ETH's short-term price action.
Ethereum Transaction Activity Hits Record Highs
Ethereum’s daily transaction activity has shown a strong upward trajectory, reaching levels not seen since 2021. The surge in transactions indicates growing network usage and increased market participation.
Where is Ethereum’s Price Headed?
The latest liquidation map reveals critical leverage pressure points as the price hovers near $4,702. Traders are watching for potential liquidity sweeps that could trigger volatility.
Given the rising activity and institutional investment, Ethereum remains in the spotlight, attracting more traders. The prospect of growth to $5,250–$5,300 remains relevant.
