Ethereum flies 50%: Hope for stuking on ETF ignites the crypto market

Ethereum flies 50%: Hope for stuking on ETF ignites the crypto market


10:00
4
min at reading ▪
FENELON L.

Ethereum has a spectacular increase of 50 %in the last month, supported by growing optimism around a possible stuking permission in the ETF. This spectacular focus will surprise investors who previously left Ether in favor of Bitcoins. Is this Euphoria a sign of a real turnover point?

The costume trader, rolled up his sleeves, the dynamic posture leaned forward, raised his arms as a sign of victory, expressing pure euphoria and a positive surprise. The computer screen clearly displays the Ethereum logoThe costume trader, rolled up his sleeves, the dynamic posture leaned forward, raised his arms as a sign of victory, expressing pure euphoria and a positive surprise. The computer screen clearly displays the Ethereum logo

In short

  • Ether jumped by 50 % per month, from $ 1,800 to $ 2,713.
  • Suchý could approve Ethereum Stuking by the end of May 2025.
  • 27 % of the total ETH offer is currently Stakee or 33.8 million chips.
  • The ETF holds approximately 3.3 million ETH, which represents 3 % circulating offers.

Ethereum jumps 50 % per month

Ether has hit subtitles in recent weeks with a dazzling procedure. The world’s second largest crypto exceeded $ 2,713 yesterday, a spectacular jump, because a month ago its floor was $ 1,800.

This flight draws its roots from growing expectations of the regulatory revolution. Joe Lubin, what -founder of consensys, revealed that Ethereum Ethereum issuers are optimistic about the upcoming obtaining regulatory authorization for the offer of tendralization elements.

The US Securities and Exchange Commission is currently investigating the application submitted by 21shares to integrate stuking into Son Etf Ethereum.

The psychological impact will prove to be considerable in markets. Joe Dipasquale, CEO of Bitbull Capital, explains:

Ether rally was largely fed by renewed optimism around the possible approval of ETH Spot ETF.

This expectation caused brutal compression of short positions. It should be said that Ethereum was one of the best crypts in the past in recent months.

This massive liquidation testifies to the brutality of the conversion of the feeling in the markets. At the time of writing this article, Ether is exchanged for $ 2,628, which is a slightly drop compared to the peak of $ 2,718 yesterday.

Institutional dynamics at full acceleration

In addition to regulatory euphoria, this increase responds mainly to the logic of basic catching up. Tim Enca, the analyst in the writing, remembers it ” Ethereum accuses a considerable delay in the face of bitcoin and the whole crypt market ».

To find our historical summit almost three years ago, Ether would have virtually double value, although Bitcoin remained stable.

Technical progress also strengthens this momentum. The Pectra upgrade, recently deployed, clearly improves Ethereum network performance.

George Kilas of Prospero.A see it ” A positive signal that falls », Capable of attracting significant flows to the ETF devoted to crypto.

Institutional acceptance is confirmed by an increasing interest in ETF Ethereum. This permanent demand for large investors is a solid foundation for continuing the increase.

Analysts no longer hesitate to discuss ambitious goals in the case of an official evoking permit in Ethereum ETF.

Does this 50 % start the new era for Ethereum? Technical and regulatory factors are closer to the optimistic scenario. Investors, however, will have to remain vigilant in the face of the volatility of their own crypto market.

Maximize your Cointribne experience with our “Read to Earn” program! For each article you read, get points and approach exclusive rewards. Sign up now and start to accumulate benefits.

Fenelon L. AvatarFenelon L. Avatar

FENELON L.

Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *