Since May 8th, Ethereum has witnessed a significant surge in trading volumes, indicating increased buying and selling activity across the network. This increase, coupled with recent market trends and whale behavior, suggests growing confidence in the asset. While Bitcoin experienced price correction, Ethereum maintained relative strength, attracting more traders seeking alternative opportunities. Crypto analysts are highlighting ETH’s resilience as a potential driving force for further growth, citing its outperformance against Bitcoin and increased on-chain activity. BlackRock, a major financial institution, is reportedly accumulating Ethereum, adding fuel to the growing speculation of institutional investment.