Overview

• Ethereum crossed the $4,000 mark for the first time since March 2024, reflecting renewed investor confidence.
• Ethereum spot ETFs reported a record-breaking $428 million in daily net inflows on December 5, with BlackRock and Fidelity leading the surge.
• Active Ethereum addresses have risen significantly, increasing from 368,000 to 523,000 on a 7-day average, signaling expanded on-chain activity.
• Ethereum's price remains approximately 17% below its all-time high of $4,878, recorded in November 2021, despite recent gains.
• Market sentiment remains cautiously optimistic, with prediction markets assigning a 41% probability of Ethereum reaching a new all-time high by the end of 2024.