Ethereum Approaches $12,000 as Bull Market Potential Returns

Ethereum is back in focus, with analysts drawing parallels to its explosive 2017 rally. Recent price surges and growing institutional interest have reignited the speculation that ETH could hit a new all-time high of $12,000 before the current cycle ends. 2017 saw ETH jump from under $10 to nearly $1,400 in just over a year, and similar conditions are shaping up for another surge this time around. Factors driving this potential bull run include growing DeFi applications, increased institutional interest, and the rising popularity of Ethereum’s tokenized assets.