BlockBeats News, June 30th, according to Coindesk, the ETH transaction price approached $2500, up 11% in the past seven days, outperforming BTC. Analysts attribute Ethereum's strong performance relative to Bitcoin and other mainstream cryptocurrencies to a series of positive news over the past few weeks. Stablecoins have gained regulatory clarity due to the "GENIUS Act," and Ethereum is precisely the platform with the most concentrated stablecoin deposits; meanwhile, ETH spot ETFs also continue to see significant inflows of funds.
CoinDesk analyst Omkar Godbole's technical analysis shows that the on-chain data is forming a potential bullish trend, with an increasing number of traders believing that Ethereum (ETH) is likely to reach $3,000 in the near future.
Furthermore, the Ethereum validator architecture is undergoing a transformation, which could solidify ETH's position as Wall Street's favorite programmable asset. At the core of this shift is Distributed Validator Technology (DVT), which allows Ethereum validators to be spread across multiple operators and machines, significantly enhancing its resilience, security, and decentralization.
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