🚀 Ethereum Breaks Out, Confirms Altseason
ETH price jumped 3% in 24 hours, hitting ~$3090, and gained 5% vs Bitcoin, signaling altseason’s 2025 kickoff. The ETH/BTC pair climbed 18% in 4 weeks, retesting highs last seen in March, confirming bullish momentum as capital rotates from BTC into alts.
🏦 Institutional Demand Surges
Ethereum is seeing renewed institutional interest.
📈 U.S. spot Ether ETFs logged $1.35B net inflows in early July.
✅ SharpLink Gaming became the largest corporate holder with 280,706 ETH.
This surge in buying reinforces ETH’s role as the leading smart contract platform.
📊 Technical & Network Strength
ETH’s breakout ends months of choppy trading, restoring confidence in ERC20 tokens and DeFi leaders.
🔎 The weekly MACD crossed above zero for the first time since Feb 2025, echoing patterns from the 2021 bull rally.
✅ The network has scaled up with lower fees and higher throughput, making it more competitive vs L1 rivals like Solana.
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