Ethereum (ETH) Surpasses 3,600 USDT with a 7.48% Increase in 24 Hours

Ethereum $ETH has surged past the $3,600 mark, posting a remarkable 7.48% increase in just 24 hours. The price action is being fueled by continued optimism around Ethereum Layer-2 scaling solutions, increasing ETH ETF inflows, and the rise of decentralized finance (DeFi) protocols. With smart contract activity hitting record levels and staking rewards becoming more attractive, ETH is once again proving its dominance in the altcoin space. Analysts believe that Ethereum’s ability to serve as the backbone of the Web3 ecosystem gives it a strategic advantage over newer platforms. The bullish momentum is expected to continue, with price targets now shifting toward the $3,800 resistance zone. Long-term holders remain confident, particularly with ETH 2.0 upgrades boosting energy efficiency and scalability.