Ethereum’s price recently rallied from under $2,000 to nearly $2,700 in a few days, driven by strong market momentum. Despite some of this surge potentially being tied to overall market trends, three key factors suggest Ethereum could continue climbing toward the $3,000 mark: **institutional accumulation, increased staking activity, and growing real-world asset adoption.** 2023 has seen a significant influx of ETH into wallets belonging to high-net-worth individuals, funds, and institutions. These organizations are often positioned ahead of large price movements rather than reacting to them. This strong accumulation signifies confidence in Ethereum’s medium-term trajectory. Notably, historically significant whale accumulation has preceded major rallies. The current pattern points toward a similar trend. 
**Staking activity has surged since the Pectra upgrade,** which integrated aspects of the Electra and Prague upgrades. Increased ETH locked into staking contracts suggests investors trust the network’s long-term sustainability, further reducing supply in circulation. This confidence supports upward price pressure. The surge in staking also indicates that holders anticipate higher yields and lower short-term volatility, fueling a bullish outlook. **Real-world asset (RWA) tokenization on Ethereum has reached a significant milestone.** Just this May, tokenized U.S. Treasury prices on the main Ethereum network surged 12%, exceeding $5 billion for the first time. This marks the rise of Ethereum as a vital backbone in actual finance for institutional investors. The increasing popularity of Ethereum for regulated financial products further emphasizes the network’s scalability, security, and long-term viability.