ETH data and return of investor risk appetite pave path to $5K Ether price

Robust onchain activity, a resilient futures market and improving investor optimism boost the chance for ETH to hit $5,000.

Key takeaways:

Ethereum network activity surged by 63% in 30 days, strengthening the case for an imminent breakout to $5,000. 

Ether futures open interest jumped to $69 billion, highlighting robust demand for leveraged exposure.

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