Following Donald Trump's election win, Ethereum's price surged over 37% in one week, reaching $3,392, the highest since July. This rise is supported by significant demand for spot Ethereum ETFs and strong on-chain metrics. Ethereum's open interest in the futures market reached an all-time high of 13.2 million ETH, indicating a resurgence in market interest. Furthermore, the number of active addresses on Ethereum increased by 26% from Nov. 5 to Nov. 12, suggesting heightened user engagement. Additionally, institutional investment products for Ethereum saw record inflows, totaling $295 million shortly after the election, with major contributions from funds like the Fidelity Ethereum Fund and BlackRock's iShares Ethereum Trust. These factors collectively position Ethereum for a potential price ascent toward $4,000, contingent on sustained network growth and demand.

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