Ethereum Approaches $3,000 Driven by DeFi and ETF Support

Ethereum’s price has surged towards the $3,000 mark, fueled by positive momentum from DeFi applications and the potential for exchange-traded fund (ETF) listings. Institutional interest is a key driver of this upward trend. Experts suggest that the market anticipates further gains if ETF approvals materialize. 🤝 A surge in funding and venture capital flows into Ethereum-based projects indicate growing investor confidence, while on-chain metrics show modest growth in decentralized finance (DeFi) activity despite recent price fluctuations. 📈