Ethereum Breaks $4,500 Barrier, Reaches New All-Time High

Ethereum has set a new record high, exceeding the $4,500 mark, driven by growing DeFi applications and increasing institutional investments. Analysts believe this surge is attributed to expanding decentralized finance (DeFi) solutions and rising interest from institutions. Coinbase forecasts that stablecoins will reach a trillion-dollar market size by 2028 due to regulatory measures in the U.S.