Ethereum has broken out above the $3,000 level, reaching its highest price since late January and signaling a strong resurgence in momentum. The move comes as Bitcoin continues to set new all-time highs, injecting renewed optimism into the broader crypto market. This week could prove pivotal, with the arrival of “Crypto Week” in the US Congress, when lawmakers will debate and potentially vote on critical legislation shaping the future of digital assets.
Amid this renewed bullish backdrop, on-chain fundamentals are strengthening. Top analyst Ted Pillows shared data showing that the supply of ETH staked has just reached a new all-time high. This milestone reflects growing confidence in Ethereum’s long-term prospects, with more investors locking up their assets to secure the network and earn yield, rather
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