The price of Ether is aimed at a strong rise, as key metrics reach ATH.


The price of Ethereum has entered a strong bullish trend that may continue as its key metrics reach record levels.
Key metrics of Ethereum reached a record level.
Third-party data shows that Ethereum is gaining momentum across several key indicators. According to Artemis, the supply of stablecoins on the network has increased by 7% over the past 30 days to $138 billion, confirming Ethereum's dominance as the leading chain for stablecoin activity.
The adjusted transaction volume rose by 30% during the same period, reaching 766 billion dollars, while the number of active addresses increased to 2.5 million. This rise occurred against the backdrop of the GENIUS Act signed by President Donald Trump, which is widely seen as crypto-friendly legislation.
Additional data from Nansen shows that the number of transactions in Ethereum increased by 50% over the last month to 46.65 million. Active addresses rose by 19% to 8.7 million, while total network fees increased by 41% to $48.2 million, highlighting a high level of user engagement and activity.
Meanwhile, the decentralized finance sector of Ethereum is rapidly developing. The total value locked in the network has reached a record of 187 billion dollars. Leading dApps, such as Lido, AAVE, EigenLayer, and EtherFi, have all demonstrated an asset rise of more than 50% over the last 30 days.
Wall Street investors continue to accumulate Ether. Total inflows into spot Ether ETFs have exceeded $9.2 billion. BlackRock's ETHA now manages assets worth $10.8 billion, making it the primary institutional route for gaining exposure to Ethereum.
Ether may benefit when Trump signs an order allowing pension funds to invest in cryptocurrency. Most of these 401 (k) funds will go into the safest coins, such as BTC and Ether.
Technical analysis of the price of Ether.
The daily chart shows that Ether is in a strong upward trend since it reached a low of $1,393 in April. Since then, it has risen to $3,815, approaching its year-to-date high of $3,945.
Ether remains above both the 50-day and 100-day exponential moving averages and has broken the 78.6% Fibonacci retracement level from the April low. With increasing momentum and strengthening network activity, the most likely scenario is a continuation of the movement towards the high level of 2024 at $4,100.
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ETH-0.84%
MAY1.58%
ACT-0.02%
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