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Ethereum (ETH) has staged a strong recovery in Q2, surging 33.47% and reigniting speculation about hitting the $4,000 mark. With over 35 million ETH staked and rising on-chain activity, the network shows signs of renewed momentum. Key players like Lido, Binance, and Coinbase dominate staking, raising governance concerns.
- Ethereum's Q2 surge of 33.47% has reignited speculation of a $4,000 price target, with ETH currently trading around $2,462.
- Over 35 million ETH are staked, with Lido, Binance, and Coinbase controlling nearly 40% of the staked supply, raising centralization risks.
- On-chain activity and derivatives trading volume have surged, with record-high transactions and growing open interest signaling strong market confidence.
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Other Tags: Crypto News Flash, DeFi, Lido