Ethereum (ETH) has surged recently, driven by several factors:

- ETF Approval: The potential approval of spot Ethereum ETFs in the US has boosted investor confidence.

- DeFi Growth: Increased adoption of decentralized finance (DeFi) protocols and applications on the Ethereum network has contributed to its growth.

- Layer 2 Solutions: Advancements in layer 2 scaling solutions like Optimism and Arbitrum have improved network efficiency.

- Upcoming Upgrades: Anticipation of future upgrades, such as Ethereum 2.0, has also fueled the surge.

These factors have combined to drive Ethereum's price upward, attracting more investors and developers to the ecosystem. Market momentum builds.$ETH

ETH

2,927.42

-1.31%