Ethereum (ETH) surpassed the $4,000 mark for the first time since March, rising by 2.4% in the last 24 hours and by 8.4% over the week, outpacing Bitcoin (BTC). This occurred amid record inflows into Ethereum ETFs.

At the time of writing, Ethereum is trading at $4,033, just 2% below the new peak of 2024. The premium on Coinbase continues to rise, indicating high demand in the United States.

Active addresses on the Ethereum network have increased, contributing to price growth. The CoinDesk 20 index fell by 1.4%, while Uniswap and Render Token showed gains.