Institutional Confidence Fuels Ethereum’s Bullish Surge to Record High

Ethereum has experienced a major surge in price, breaking above the $4,500 barrier and reaching new all-time highs. This upward momentum is being fueled by significant institutional interest, with large purchases coinciding with strong inflows of capital into the Ethereum ecosystem. Key factors driving this bullish trend include the expansion of DeFi applications and increasing investment from institutional investors.