Ethereum's ETH is buzzing with excitement! 🚀 Despite whispers of its demise, traders are betting big on ETH, with open interest in futures contracts hitting a record 6.32 million ETH, worth over $27 billion. This surge aligns with a 35% price jump, matching Bitcoin's rally. The futures premium is climbing, sparking interest in cash and carry trades, potentially boosting U.S.-listed spot ETH ETFs.

Ethereum's ecosystem is thriving, with $65 billion locked in apps like Lido and Aave. Plus, ETH now hosts more USDT than Tron! What are your thoughts on ETH's future? Share below! 👇