ETH Approaches $3,700 as Momentum Builds

Ethereum is on a notable upward trajectory. On Monday morning, ETH nearly touched the $3,700 mark, bringing the cryptocurrency back to price levels last seen in January. The market momentum is supported by a mix of technical and fundamental factors, particularly institutional interest from the United States. Source: TradingView ETH/USD Chart

The Coinbase Premium Gap Signals U.S. Demand

One telling metric is the Coinbase Premium Gap. This indicator tracks price differences between U.S.-based Coinbase and international exchange Binance. When the gap turns positive, analysts interpret it as rising demand from American investors—specifically for Ethereum. Source: Coinbase Premium Gap Explanation

Spot Ethereum ETFs See Record Inflows

U.S.-based Ethereum Spot ETFs continue to draw historic inflows. On Wednesday, these funds received a record-breaking $720 million in a single day, followed by another $602 million on Thursday. The appetite from institutional investors appears far from over. Source: Ethereum ETF Flow Data

Companies Are Building Ethereum Treasuries

Beyond ETFs, some firms are beginning to add Ethereum directly to their corporate treasuries. In recent weeks, several companies—including Sharplink Gaming—have announced plans to integrate ETH into their balance sheets. This shift highlights Ethereum’s growing reputation as a long-term asset. Source: Sharplink ETH Announcement

Legislative Tailwinds Strengthen Ethereum’s Case

Ethereum may also benefit from the recent passage of crypto-friendly legislation in the U.S. Of particular note is the GENIUS Act, which introduces clear regulatory guidelines for stablecoins. Given that Ethereum underpins much of the stablecoin ecosystem, the law could bolster ETH's long-term utility and market position. Source: GENIUS Act Summary

Conclusion: From Underdog to Outperformer

Ethereum’s rally is no fluke. It’s the result of deepening institutional interest, surging ETF inflows, growing corporate adoption, and favorable policy shifts. Once seen as lagging behind Bitcoin, ETH is now proving its strength and could be entering a new phase of market leadership. The coming weeks will reveal whether this momentum can break through key resistance and mark new yearly highs.