Ethereum’s Comeback Summer: Why ETH Is Dominating Crypto Headlines Again
Ethereum isn’t just back—it’s rewriting the playbook. After months of sideways action, ETH’s summer surge has traders scrambling and skeptics eating crow.
### The Merge 2.0 Effect
Network upgrades finally delivering? Gas fees aren’t vanishing, but Layer 2 adoption is exploding. Arbitrum and Optimism now process more transactions than Ethereum mainnet—irony intact.
### Institutional FOMO Hits Overdrive
BlackRock’s ETH ETF approval sparked the rally, but it’s the hedge funds leveraging staking yields that turned momentum into a stampede. Meanwhile, Bitcoin maximalists mutter about ‘yield chasing degenerates’.
### DeFi’s Silent Resurgence
TVL up 40% since June—no thanks to meme coins. Real yield protocols are quietly vacuuming up liquidity while TradFi banks still can’t agree on custody solutions.
Ethereum’s proving it can evolve faster than regulators can regulate. Whether that’s a feature or a bug depends on which side of the trade you’re on.