Ethereum has once again taken center stage as the crypto market gains momentum. With a stunning 44.8% increase in just the past week, ETH is not only outperforming many of its peers but is also becoming a focal point for traders, institutions, and analysts as the next major asset likely to break out. The second-largest cryptocurrency by market capitalization is signaling its readiness to lead this bull cycle. Even amid a marked drop on May 12, when total outflows from its spot ETF products reached $17.59 million, Ethereum’s on-chain and price action data point to some really strong underlying momentum.
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