Ethereum is approaching $5,000, fueled by over $1.3 billion in ETF inflows, indicating strong institutional demand. Analysts highlight positive conditions, including effective on-chain metrics and increasing whale activity that may lead to further price expansion.
The Fusaka upgrade slated for November is expected to enhance Ethereum’s scalability. As market conditions remain favorable, Ethereum may benefit significantly as confidence among investors continues to rise, further pushing its value higher.
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