Ethereum has risen to a more than five-month high above $3,138.
Ethereum’s price gains are being driven by a powerful mix of regulatory clarity, institutional interest, technical progress, and its expanding role in stablecoins and DeFi. More:
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Stablecoin growth & regulation tailwinds: Ethereum provides the infrastructure for nearly half of all stablecoins. The GENIUS Act and other U.S. legislative progress toward stablecoin regulation are boosting confidence—and demand—in the Ethereum ecosystem
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Institutional adoption increasing:
Major players—from banks like JPMorgan to asset managers—are showing interest. Public firms pivoting toward Ethereum, combined with institutional crypto strategies, signal growing corporate confidence -
Launch of spot Ethereum ETFs: Since May 2024, nine spot ETH ETFs have been approved and are attracting inflows
Ether rises to over five-month high above $3,138