Ethereum On-Chain Metrics and Institutional Flows Revive Long-Term $5,000 ETH Targets

Ethereum is entering a pivotal phase as on-chain activity, validator queues, and institutional accumulation strengthen while price stabilizes near key support levels around $2,950–$3,000. Nearly one million validators secure about 35.5 million ETH with staking yields near 2.85%, and analysts now outline upside scenarios that could eventually revisit the $4,955–$5,000 region if critical resistance zones are reclaimed.