Ethereum Breaks New Records as Crypto Whales Pile Into These Two Altcoins

The Ethereum price has surged past its 2021 highs, sending ripples throughout the crypto market. This surge isn’t just fueled by retail investors; large wallets are quietly adjusting their positions, indicating a growing conviction in the network’s future. Ethereum remains the dominant force driving Web3 innovation, powering DeFi platforms, NFTs, and countless ERC-20 tokens. The continued rise of institutional demand adds to this momentum. 2021 upgrades to Ethereum’s infrastructure, including Layer 2 solutions, are accelerating speed and reducing fees. With adoption expanding and fundamentals strengthening, analysts predict a potential $8,000 price target if momentum continues. 2023 has witnessed the emergence of two altcoins attracting substantial attention from whales: AAVE and Layer Brett ($LBRETT). Both stand to benefit as the rally develops.