Ethereum Price Surge Driven by ETF Inflows and Gas Cost Reduction

Ethereum’s recent price surge can be attributed to several factors, including significant inflows from spot exchange-traded funds (ETFs) fueled by major players like BlackRock and Fidelity. The increase is also influenced by improved on-chain economics, largely driven by expanded gas limits that lower transaction costs. However, potential risks exist in the form of regulatory action from the SEC and liquidity imbalances arising from derivatives leverage, which could trigger a market downturn.