Ethereum price greenlit for further upside after surprise 29% ETH rally

Ethereum price greenlit for further upside after surprise 29% ETH rally

Ethereum price catches a bid as regulatory and investor sentiment shift in ETH’s favor.

Key takeaways:

ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted. 

President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook. 

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