Ethereum Prices Surge to New Highs – Analysts Predict Further Gains to $5,000

Ethereum’s price recently surged past the $4,500 mark, fueled by bullish sentiment and a continued market rally. Leading analysts are predicting further gains, with some even projecting ETH prices reaching $5,000 in the coming months. 1.7% growth was recorded over the last day, pushing ETH’s price to $3,870. This surge is attributed to several factors: expanding DeFi applications and increasing institutional interest.