币界网报道：Ethereum is approaching a golden cross as its 50-day moving average nears the 200-day moving average, signaling potential bullish momentum. The cryptocurrency has seen a 134% surge in active addresses over the past month, reaching levels not seen since January 2018, indicating renewed network activity. Institutional interest is also rising, with Ethereum investment products attracting $13.6 million in inflows last week, marking the first positive flows in six weeks. Analysts suggest the upcoming Ethereum network upgrade, Dencun, could further boost adoption by reducing layer-2 transaction costs. Meanwhile, Ethereum's price has gained 15% in the past week, outperforming Bitcoin's 9% rise during the same period. The growing activity comes as the SEC delays its decision on spot Ethereum ETF applications, with final rulings now expected in May 2024. Market observers note that Ethereum's recent performance reflects both technical factors and anticipation of broader crypto market recovery.