Ethereum Rebounds Near $3,200 on ETF Buzz

Ethereum climbed past US$3,200 amid ETF speculation and rising DeFi activity, highlighting selective strength in digital assets despite broader market caution.

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Ethereum Rebounds Near $3,200 on ETF Buzz

Ethereum Rebounds Near $3,200 on ETF Buzz
Ethereum climbed above US $3,200 as renewed interest in spot ETF-linked flows and rising DeFi activity bolstered investor sentiment. On-chain data reflected higher staking levels and increased utilization of lending protocols. Market participants noted that regulatory clarity and institutional participation remain key obstacles to sustained momentum. 
The broader crypto environment remains volatile, but Ethereum’s relative strength contrasted with weaker performance in other digital assets, suggesting a possible shift in risk appetite toward layer-1 ecosystems.