Ethereum is once again in the spotlight as on-chain metrics point to a surge in network activity, investor confidence, and institutional adoption. Recently Surges ETH towards $5K With brushing against the $4,700 level, many analysts believe the $5,000 milestone is within reach—and not just as a speculative target.
Over the past week, Ethereum’s transaction fees have jumped by 35%, a clear sign that more users are interacting with the network. Active wallet addresses have also increased by 10%, suggesting that both retail and institutional participants are ramping up engagement. Ethereum continues to dominate the DeFi space, holding over 64% of the total value locked across decentralized applications.
Institutional Inflows Are Tightening Supply
One of the most compelling drivers behind Ethereum’s price action is the influx of institutional capital. Spot ETH ETFs now manage over $24.7 billion in assets, with a single-day net inflow of $213 million. Corporate treasuries have added nearly 878,000 ETH, worth around $4 billion, in the past 30 days alone. This accumulation is reducing available supply and adding upward pressure on price.
ETH Price Action Reflects Growing Confidence
ETH recently touched $4,700 before settling near $4,498. While short-term volatility remains, the broader trend is bullish. If Bitcoin continues to hold above its $113K support level, Ethereum could benefit from the overall market momentum and break past the $5K barrier.
Ethereum’s growth isn’t just about price; it’s about utility. With the network becoming more efficient and scalable, developers are launching new dApps, and investors are finding long-term value in ETH beyond speculation. The combination of strong fundamentals, ETF adoption, and treasury accumulation makes Ethereum a key player in the next phase of the crypto cycle.