Recent data reveals a significant surge in inflows into the Spot Ethereum ETF, indicating growing institutional confidence. This trend is further propelled by soaring USDC stablecoin activity on Ethereum, which has reached all-time highs. A combination of factors including increased institutional interest and the expansion of DeFi applications is driving this upward trajectory for Ethereum’s price. 2025 promises to be a critical year for ETH as the market anticipates potential bullish phases. 2025 data indicates that USDC activity on Ethereum has hit record levels, with outstanding supply reaching nearly $40 billion by January 2025. Monthly transfer volume soared to $800 billion, significantly up from less than $50 billion in 2019. Transfer count also surged, peaking at 7.2 million monthly transactions, signaling a dramatic increase in Ethereum’s stablecoin velocity and user engagement. This growth has been accelerating since mid-2023. Cointelegraph highlights that these trends are evident through the volume and transfer count data, emphasizing the remarkable rise of USDC usage on the platform. 100% of the USDC supply was transferred to Ethereum by early 2025, as indicated in a recent tweet by Cointelegraph. Ethereum price has surged near $2,800, with significant accumulation zones being observed. Technical analysis suggests that the market may be poised for another bullish phase, especially given the increased activity and growing institutional confidence. The Spot Ethereum ETF inflows are fueling this momentum as investors seek direct exposure to ETH prices through a regulated vehicle. 110.5 daily ETF inflows were recorded on May 22, marking a significant shift in investor strategy towards ETH-based instruments. This trend is prompting firms to reposition their strategies and capitalize on the burgeoning market opportunities.