Ethereum’s Pump Phase: Is an ATH Breakout on the Horizon?
Ethereum is gaining momentum as it enters a pump phase, fueled by institutional interest, staking growth, and Layer-2 scalability. With recent price surges breaking key resistance levels, ETH appears primed for a potential all-time high (ATH) breakout. On-chain metrics, including increased whale activity and higher trading volumes, signal strong market validation. However, risks like macroeconomic uncertainty and competition from rival chains remain. As the market rallies, Ethereum’s fundamentals are shining brighter than ever. Could this pump phase mark the start of the next big bull run?