Ethereum (ETH) has recently crossed the $2,600 mark, a milestone driven by several key factors. This article explores three primary drivers responsible for this price stabilization in recent weeks. Why is ETH’s price stabilizing? One potential factor is the ongoing influx of investors into Ethereum exchange-traded funds (ETFs). Public data shows consistent inflows from major issuers like BlackRock and Fidelity, indicating a substantial interest from institutional investors seeking exposure to ETH prices. This suggests increasing adoption of this investment vehicle in the market. Another contributing factor is the growing trend among corporations establishing ETH treasuries. Companies such as BioNexus Gene Labs and SharpLink Gaming have recently invested significant sums to acquire ETH as part of their treasury assets, providing steady demand for the digital asset. This sustained demand has likely kept ETH prices strong at this level. The third driver identified is a reduction in Ethereum’s holdings on centralized exchanges (CEXs).** Typically, when substantial amounts of ETH are transferred from CEXs to non-custodial wallets, it often suggests that holders intend to hold their positions for the long term. The current stability of ETH prices could be seen as a potential support level if it holds firm. If this price level is maintained over an extended period, it may pave the way for ETH to reach its historical high levels again.