Ethereum has seen a significant price surge, breaking above the $2,600 mark after being stuck in a trading range for several days. This recent rally marks a break from the previous $2,500 plateau and shows potential for further growth. Experts attribute this rise to expanding DeFi applications and increased institutional investment. The Ethereum community is buzzing with predictions of price increases reaching as high as $2,900 in the coming weeks. 2025 projections even anticipate reaching a peak price of $4,500 by the year’s end. These optimistic projections are fueled by strong whale accumulation and decreasing exchange reserves. However, one cryptoquant analyst warns that the rally might be premature as retail interest remains subdued, potentially holding back further growth. This suggests a crucial turning point for Ethereum lies in the development of sustained retail activity.