According to MilkRoadDaily, Ethereum (ETH) has experienced significant price gains over the past week, resembling the rapid rises often seen in meme coins instead of established assets. The analysis highlights that these gains are driven by increased spot ETF speculation and heightened trading volumes on major exchanges, as confirmed by data from Glassnode and CoinMarketCap. However, MilkRoadDaily emphasizes that Ethereum’s robust underlying fundamentals, including its leading position in DeFi and Layer 2 ecosystem growth, set it apart from typical meme coin behavior. Traders are advised to monitor ETH for potential volatility as profit-taking and regulatory decisions could impact short-term price action. (Source: MilkRoadDaily Twitter May 14, 2025)