Ethereum Is Quietly Soaring. What Comes Next?
Ethereum is experiencing a seismic rally. The price of Ether, the native token of the Ethereum network, surged by nearly $1,000 in a single week to hit a five-month high, climbing 25.3% to reach $3,745.72, according to data firm CoinGecko. For the first time in recent memory, there’s a palpable sense that this rally is grounded in something real and sustainable. So, what’s driving this explosive momentum? 1. Big Money Pours In Through New Ethereum ETFs Major asset managers have begun launchin