Ethereum’s All-time High Approaches: Russell 2000 Parallels & Macro Trends Signal a Bull Run

Ethereum is nearing its all-time high, mirroring the bullish trend of the Russell 2000 index. This convergence suggests a potential breakout to $4,900 by year end, fueled by ETF inflows exceeding $15 billion and robust L2 adoption. The Pectra upgrade, Base’s growing user base, and increased institutional interest are further bolstering ETH’s fundamentals. 📈. Macroeconomic factors like Fed rate cuts and tokenized RWA (around $30 billion in market cap) also contribute to a potential supercycle for Ethereum by the end of 2025.