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Ethereum extended its strong rally on Saturday, climbing to its highest price level since January and trading around $2,646. The digital asset broke through a key resistance level at $2,616, which had previously capped all recovery attempts since late August. This bullish momentum was largely fueled by significant institutional demand, as spot Ethereum ETFs in the United States recorded $143.7 million in daily net inflows, led by BlackRock's ETHA fund. Additionally, average transaction fees on the network fell sharply to $0.095 following recent technical upgrades and increased Layer-2 adoption.
