Ethereum Price Soars Above $2,500 as US Interest Surges

Ethereum's price has surged above $2,500, reaching its highest level since mid-April. The surge is driven by strong interest from US-based investors following the Treasury's liquidity signal after it doubled its buyback operation for long-dated bonds.

The US spot ETH exchange-traded funds (ETFs) are on track to record their best week in 2026, with four consecutive days of net inflows totaling $512.4 million. This trend is a strong indicator of improving US sentiment towards Ethereum.

Despite the price growth, profit-taking remains weak as long-term holders show strength and continue to hold onto their coins. The Network Realized Profits/Loss has remained low, indicating that distribution from profitable coins is not yet intense.