Ethereum Prices Surge by 50% – Reaching New Highs

Ethereum has witnessed a dramatic price surge, jumping over 50% to surpass the $2,700 barrier. This impressive rise follows a recent dip below $1,800, fueled by a shift in market sentiment towards optimism, driven largely by declining transaction fees and increased institutional interest. Experts are now focused on whether this bullish momentum will continue as investors await the next key milestone, with $3,000 serving as a potential target.