Ethereum Explodes: Institutional Buying Fuels Bullish Run to New All-Time Highs

Ethereum’s price has surged over 40% since May, propelled by powerful institutional buying activity and a bullish technical breakout that points toward potential new highs. The coin is now trading near $2,630, with analysts attributing the upward trend to growing DeFi adoption and increased investment from institutional players. Strong volume, structure, and key support levels signal continued momentum in this bull market.