Ethereum’s price has surged past the $3,900 mark, signaling strong investor interest and market optimism. This rise in value is likely fueled by increased activity within the cryptocurrency market as well as growing institutional investment in Ethereum-related assets. Analysts point to the recent positive developments in the DeFi space and upcoming network upgrades as key factors driving this surge. 2.1% increase was recorded within 24 hours, a clear indicator of sustained investor confidence. The Ethereum ecosystem continues to build momentum despite the lack of comments from Vitalik Buterin and the Ethereum Foundation on the latest price rally. This positive sentiment is mirrored by the performance of related DeFi tokens, which have also seen a boost as investors gain confidence in the platform’s future potential.