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Ethereum's price is holding up better than expected. Even with low network activity and gas fees, it keeps rising steadily. Key reasons: More institutions are adding ETH to their treasuries, treating it like "digital gold." Stablecoin growth on Ethereum keeps liquidity flowing. The US GENIUS bill boosts long-term regulatory confidence. Seasonal trends in July also help. The rally isn't just momentum—it's backed by fundamentals. For bulls, $2,500 remains a crucial support level.
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