Ethereum Strengthens Its Position

🔷Since the launch of spot Ethereum ETFs in the U.S. in July 2024, the asset has seen steady institutional inflows. In August, investment surged by 44% to $13.7 billion, reflecting growing demand from major players. At the same time, corporations are building reserves of ETH, now totaling 4.4 million tokens worth $19.18 billion, adding long-term support to the price.

🔷Ethereum’s network upgrades are providing additional momentum. The upcoming Fusaka hard fork, scheduled for November 5, will introduce PeerDAS technology, improving scalability and reducing validator load. Combined with the growth of L2 solutions and restaking via EigenLayer, Ethereum is increasingly attractive both to developers and institutional investors.