Ethereum Price Soars to New Highs Over $2,800 As Adoption and Interest Build
• Ethereum (ETH) price hit new yearly highs, leaving investors speculating if $3,000 is next • Multiple factors driving the price surge, including staked ETH breaking $2,000 average price and deflationary mechanism kicking in • Institutions showing more interest through BlackRock ETH ETF filing and Grayscale premium narrowing • Brazil's largest bank Itau Unibanco launching crypto trading, boosting ETH adoption • Record $176M digital asset inflows last week, led by ETH which saw $31M fresh inflows