Ethereum (ETH) has recently surpassed the $2,700 USDT mark, currently trading at $2,712.33, reflecting a 2.33% increase over the past 24 hours.
This upward movement is attributed to several factors:
Increased Network Activity: The Ethereum network has experienced a surge in transactions, indicating heightened user engagement.
Rising Total Value Locked (TVL): The TVL on Ethereum-based decentralized finance (DeFi) platforms has seen significant growth, reflecting increased capital inflow into the ecosystem.
These developments suggest a positive outlook for Ethereum, with potential for further growth if the current trends continue.
