#ETHRally Notable and interesting in its prices, supported by several factors that enhance market momentum and investor expectations. One of the main drivers of this rise is the liquidation of short positions worth over $105 million in just one week, leading to a strong buying wave that pushed the price to break through the $4,200 levels.

The clarity of regulatory liquidity differentials in the United States market—especially through legislation like the GENIUS Act—has contributed to the influx of financial institutions into the Ethereum ETF, which recorded record revenues for asset-backed funds reaching about $726 million in a single day.

On the other hand, the Ethereum network recorded unprecedented upward activity; daily network transactions increased to 1.74 million transactions, with the percentage of ETH locked in staking rising to about 30% of the total supply.