Ethereum Price Surges 100% to $4,000 on Record Staking and Accumulation

Ethereum has experienced a significant surge in growth, with key metrics reaching all-time highs. The cryptocurrency's price has soared to $4,000, supported by a substantial inflow of $2.5 billion on the previous Sunday, marking the largest single-day inflow since 2018. This price movement is underpinned by robust on-chain activity, with over 35 million ETH now locked in staking, a new record. Additionally, accumulator addresses, which track long-term holders, have reached 22.8 million ETH, further solidifying Ethereum's market position.

The staking activity for ETH has shown remarkable resilience. Since July 2024, when 33.25 million ETH were locked, the number has steadily increased to over 35 million by November. Despite a sharp price correction below $2,000 in March 2025, staking activity remained strong, indicating sustained market confidence. From April onwards, both staking and price action rallied together, culminating in new highs in June 2025.

Accumulation of ETH has also intensified over the past year. Initially, during July 2024, when ETH was trading near $2,400, accumulation inflows were moderate. However, by September, as prices consolidated around $2,500, wallets began accumulating more ETH. This trend continued even as ETH dipped below $2,000 in October and November. In December, as ETH surged beyond $3,000, steady inflows into accumulator addresses were observed. The price momentum accelerated towards $4,000 in January and February 2025, with institutions increasing their exposure to support long-term conviction.

May 2025 marked a pivotal month for Ethereum, with the cryptocurrency breaking above $3,600 and accumulator inflows hitting record highs. This aggressive accumulation continued into June, registering the highest inflow activity to date. The alignment of accumulation, staking, and price movements has created a bullish effect for Ethereum, with the network's fundamentals strengthening across all fronts. Price appreciation is supported by consistent backing from both retail and institutional participants, reflecting growing confidence in the cryptocurrency's future prospects.