Three favourable information drives Ethereum price surge, Vitalik Buterin enters the on-chain billionaire club - ETH monthly increase reaches 22%

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【Favourable Information 1: The institutional gateway of ETH is fully open】

The spot Ethereum ETF has accumulated over 5.43 million ETH, reflecting the continuous warming of institutional confidence in Ethereum. If approved by regulatory agencies, these ETFs will soon be able to provide staking rewards, significantly increasing their appeal to investors. In addition to the positive developments in the ETF space, a new trend of companies incorporating Ethereum into their treasury assets is gradually emerging. Public companies such as Bit-mine, Game-Square, and BTCS are actively purchasing ETH to bolster their balance sheets. According to Standard Chartered Bank, since June, these treasury asset holders have cumulatively held 1% of the total supply of Ethereum, while industry predictions suggest that this ratio could eventually rise to 10%.

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[Favourable Information 2: Washington Sends Strong Support Signals for Cryptocurrency]

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The regulatory winds in Washington, D.C. are significantly shifting in favour of cryptocurrencies. President Trump recently signed the GENIUS Stablecoin Act, which has become the first significant cryptocurrency legislation in the United States. Meanwhile, the House of Representatives advanced the Anti-CBDC Act and the Clarification Act, aiming to clarify the regulatory responsibilities between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission). Currently, these bills are awaiting Senate review. Moreover, a new executive order has opened the door for 401 (k) retirement funds to invest in cryptocurrencies. This series of positive measures has greatly broadened the investor base for ETH, bringing new sources of capital inflow to Ethereum.

[Favourable Information 3: ETH has achieved significant technical breakthroughs, with a strong price trend]

From the price chart, Ethereum shows strong bullish momentum. Ethereum has made its fourth attempt to breach the $4000 mark and has successfully reached a cycle high of $4333. This upward trend is not coincidental; since hitting the bottom in 2022, Ethereum has experienced a series of consistently higher lows supported by a strong ascending trend line, laying a solid foundation for this price breakout.

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If Ethereum confirms a weekly closing price above 4,000 USD, it may lay the foundation for a price increase to 4,800 USD, potentially setting a new historical high above 8,000 USD. However, if the price fails to hold at current levels, it may retrace to the support level of 3,200-3,400 USD. #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000# #Gate & WLFI USD1 积分计划#