Ethereum is setting the market ablaze as its Total Value Locked (TVL) hits $63.094 billion, a level last seen in May 2022. The price of ETH has surged to $3,665, with a market cap of $440.854 billion, reflecting renewed investor confidence. Stablecoin market cap is $80.778 billion, and 24-hour fees and revenue are $7.5 million and $5.67 million, respectively.

The trading volume has soared to $3.377 billion with $47.68 million in inflows. With a treasury of $1.135 billion, Ethereum’s fundamentals are robust, driving bullish sentiment as traders eagerly anticipate the potential Ethereum ETF approval.

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