The Ethereum (ETH) rally is a period of rapid and significant price increase. The key factors driving it include:
* Institutional adoption: Large investments through products like Ethereum ETFs.
* Technological advancements: Improvements in the Ethereum network that increase its capacity and reduce costs.
* Network activity: Growth in the number of transactions and the total value locked in the network.
* Market sentiment: General optimism and favorable regulations.
Recently, Ethereum has shown strong growth, outperforming other cryptocurrencies and approaching its all-time high, largely driven by capital inflow into ETFs.