Ethereum is experiencing a strong rally, surging above $4,600 and climbing over 8% in a single day—its highest level since December 2021. Institutional enthusiasm is driving this momentum: spot ETH ETFs recorded a record $1 billion single-day inflow, led by BlackRock and Fidelity. As public companies accumulate Ether into their treasuries, on-chain demand soars. Improved network efficiency—with higher gas limits—lowers transaction costs and boosts activity, reinforcing bullish fundamentals. That institutional backing and technical strength leave many expecting #ETHRally to challenge fresh all-time highs soon.