Ethereum Recovers to $3,000: Factors Fueling the Next Potential Surge

Ethereum has rebounded from its recent downturn, reaching $3,000 after a sharp sell-off. Experts attribute this resurgence to key catalysts including network upgrades, growing ETF interest, and renewed activity by institutional investors. 24-hour trading volume spiked in anticipation of the upcoming Fusaka upgrade and increasing demand for Ethereum-based investments. Market analysts remain optimistic about the future of Ethereum as December’s hard fork promises significant advancements in scalability.