Ethereum ‘ready to explode’ as ETH price reclaims $3.8K, analysts say


Ethereum ‘ready to explode’ as ETH price reclaims .8K, analysts say


ETH continues to show strength with record open interest and high network activity as bulls expect an upside breakout soon.

Key takeaways:

Ether’s open interest has doubled since June 22 to a record high of $58 billion. 

High network activity and a record stablecoin supply signal strong demand.

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