Ethereum ( $ETH ) climbs 3.2% to $3,225 on Binance, powerhouse large-cap alt (top 3) non-meme non-AI as, driven by L2 expansion and ETF momentum.

ETH enables smart contracts, DeFi, and NFTs via Proof-of-Stake with 12s finality, rollups handling 90% activity, blobs from Dencun cutting L2 costs 10x.

RSI 64 (bullish push), MACD +85 (strong crossover), 50-day MA $2,950 holds firm, eyeing $3,500-$3,800 prior highs.

1. Network Stat: $368B mkt cap, 1.2M validators staking 34M ETH (28% supply), $42B L2 TVL surging 40% MoM; 15K TPS combined.

2. Ecosystem Surge: Arbitrum/OP/Base lead $25B TVL, Dencun upgrade operational, Prague-Electra preps account abstraction.

3. Key Wins: Spot ETH ETFs pull $10B+ inflows YTD, BlackRock/Franklin Templeton live, L2s capture 80% chain activity.

4. Ranking: #2 absolute, beats BTC (+1.8%) amid $3.45T market; $5B open interest longs prevail.

ETH smart contract sovereign—L2 era fully unleashed?