Technical upgrade: Ethereum has completed the Danksharding upgrade and related upgrades to Ethereum 2.0, enhancing network performance, attracting more developers and users, increasing demand for Ethereum, and providing a foundation for price rise.


Institutional Attention: The total amount of ETH held by institutions through ETN products exceeds the circulating supply by 18%. A large number of mainstream financial institutions and enterprises recognize and adopt Ethereum, launching Ethereum-based ETFs, which have attracted significant capital inflow.

Macroeconomics: The Federal Reserve's interest rate cut cycle strengthens the safe-haven properties of crypto assets, global economic uncertainty makes Ethereum a choice for safe-haven assets, and loose monetary policy along with inflation concerns also drive investors to channel funds into the cryptocurrency market.
ETH1,18%
ETN-3,63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)