Ethereum’s renewed bullish momentum is a combination of improving fundamentals, demand spike amid a declining supply, according to digital asset bank Sygum. According to Sygnum’s latest report, Ethereum’s limp performance between 2022 and 2024 and the first half of 2025 has taken a quick U-turn, with a perfect storm of supply shock and institutional demand, coupled with fundamental and regulatory developments, pushing it to record highs after nearly four years. “The price of Ethereum has risen around 140 ...