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Ethereum made waves today with a powerful price move—from $4,204 to $4,848—despite a slight dip in market share (13.88% → 13.42%). This isn’t a setback—it’s a sign of change.
🔹 Momentum Over Dominance
ETH’s rising price shows growing confidence in its long-term potential. Investors are shifting focus from dominance to infrastructure and utility.
🔹 What’s Driving the Surge?
- $5.4B in July inflows into ETH-linked funds
- Optimism around staking approval for spot products
- Strong technical setup: trading above key EMAs
- Options expiry (220K contracts) with price holding above pain level at $4,250
🔹 Confidence Restored
Institutional interest and strategic investments are rebuilding trust. ETH’s resilience is sparking renewed energy across the altcoin space.
🌐 A Broader Cycle Begins
Ethereum’s rally is more than price—it’s a signal of market evolution. As capital spreads, blockchain’s role in global finance grows stronger.