The astonishing rebound in Ethereum's price is remarkable, rising from a low of below $1500 in April this year to nearly the $4000 mark now, achieving an impressive rise in just over three months. This growth rate even surpasses that of Bitcoin, with a nearly 60% pump just in July.

This dramatic shift reflects a significant change in market sentiment. From the large-scale sell-off by early investors to the active entry of institutional investors now, the investment landscape for Ethereum has fundamentally changed. Some large investors are still aggressively increasing their holdings even at the high of $3800, demonstrating strong confidence in the future development of Ethereum.

The traditional financial sector's recognition of Ethereum has further propelled its value rise. Notably, the Nasdaq-listed company SharpLink Gaming has increased its holdings in Ethereum three times in just two months, cumulatively purchasing over 438,000 ETH, surpassing the holdings of the Ethereum Foundation, making it the largest institutional holder globally. This move not only highlights institutional investors' confidence in Ethereum but also brings more stable financial support for it.

However, the development of Ethereum is driven not only by market operations but also by the continuous expansion of its technology and application prospects. At various high-end conferences and investment roadshows, a group of emerging industry experts is actively promoting the vision of Ethereum. They depict Ethereum as a key infrastructure for the global financial system and an important platform for the issuance of stablecoins and the digitization of real-world assets (RWA).

Despite the recent decrease in public appearances by the Ethereum Foundation, its efforts in technological development have never ceased. The continuous optimization of Layer 2 networks and the upgrade work of Ethereum itself are still progressing steadily, and these initiatives are all aimed at building a more powerful and efficient ecosystem for Ethereum.

As the market's understanding of Ethereum deepens and application scenarios expand, we may be witnessing the dawn of a new era, in which Ethereum is not only a digital asset but also an important cornerstone of future financial innovation.