#ETHRally Ethereum is back in the spotlight of the crypto world. After a prolonged period of consolidation, the price of ETH is showing a confident upward movement, attracting both retail and institutional investors. The growth is supported by active ecosystem development, network upgrades, and an increase in the number of decentralized applications. Analysts predict that further demand for Ethereum will be fueled by the development of DeFi and NFTs, as well as preparations for new major upgrades. Market optimism is bolstered by a stable hash rate and an increase in the number of active addresses. If the current trend continues, ETH may approach new all-time highs very soon.
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