Global interest in Ethereum has skyrocketed by 1,900% over the past month, aligning with its price rally beyond key resistance levels. As of August 13, search interest is projected to reach 100 on Google's scale, up from 5 on July 13. The United Arab Emirates, New Zealand, India, Australia, and the United States are leading in search interest.
Ethereum's price recently climbed past $4,600, marking a 6% increase in 24 hours and a 27% gain over the week. Institutional inflows through ETFs, notably from BlackRock and Fidelity, have bolstered this trend, with $523.9 million in net inflows recorded on August 12. Continued inflows could push Ethereum towards the $5,000 mark.
Ethereum Interest Soars 1,900% as Price Surpasses $4,600
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.