🚀 The Ethereum (ETH) price has increased significantly in recent weeks, reaching over $3,000. This increase is attributed to a shift from decentralized platforms to self-client methods and the expected blockchain upgrade.

🔹 According to KriptoQuant data, Ethereum's exchange net flow has been largely negative in the last month. This signals long-term commitment from investors and a decrease in selling pressure.

🔹 The upcoming Dencun upgrade also points to the ETH price rising further in the near future. This upgrade aims to increase the efficiency, scalability and security of the Ethereum blockchain.

🔹 Verkle Trees integration into the Ethereum blockchain is also highly anticipated. This will reduce disk space requirements, increase the functionality of staking nodes, and improve the overall user experience.

🔹 Additionally, if the US Securities and Exchange Commission (SEC) approves a spot Ethereum ETF, the value of ETH could increase. This offers investors exposure to cryptocurrency through a regulated financial company without investing directly.