ETH price attracts attention with strong growth: Ethereum’s price surged to 4,108 USD, an 8% increase in a week, and 82% over the past year. With ETH 18% below its all-time HIGH of 4,891 USD and significant institutional interest, positive momentum signals potential new peaks.
Reduced supply boosts Ethereum’s potential: The ETH supply on exchanges fell to a near-decade low of 9.2 million ETH, a 10% decrease year-over-year. Coupled with rising demand, including over 3.7 billion USD in new inflows, this trend suggests strong upward price pressure for Ethereum.