Three Key Reasons Why ETH Just Hit $4,400
Main Idea
Ethereum (ETH) has surged to $4,400 due to strong ETF inflows, corporate adoption, and its dominance in stablecoin liquidity.
Key Points
1. Ethereum ETFs surpassed $1 billion in one-day inflows for the first time, consistently outperforming Bitcoin ETFs.
2. Corporate adoption is driving Ethereum's rally, with companies like BitMine Immersion Technologies and SharpLink Gaming leading the way.
3. Ethereum accounts for roughly 55% of the entire stablecoin liquidity, with eight times more liquidity than the nearest competitor chain.
Description
Ethereum (ETH) bulls are zeroing in on a new all-time high after the cryptocurrency passed $4,400
$ETH
$4684.36
+9.77%
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