The Ethereum cryptocurrency recorded a 32% increase during the first week of May 2025, surpassing the $2000 mark for the first time in a while.
This rise reflects strong optimism in the market and a return of interest from investors, both individuals and institutions.
Additionally, other cryptocurrencies like XRP and SOL have shown positive performance, indicating a broad upward wave in the cryptocurrency market.
Analysts believe that this movement could lead to increased institutional investment in digital assets, amid signs of wider adoption and upcoming financial volatility.
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