Ethereum Soars past $3,000 Fueled by Fusaka Update and ETF Inflows

Ethereum (ETH) has seen a significant price surge surpassing the $3,000 mark just before its highly anticipated Fusaka update. The cryptocurrency’s positive momentum is fueled by broader market recovery alongside increased institutional investment and growing DeFi activity. This surge follows a 3% gain over the past 24 hours, in line with Bitcoin’s recent crossing of the $90,000 threshold. Alternative cryptocurrencies like Solana (SOL), Ripple (XRP) , and Dogecoin (DOGE) also experienced positive price movements, further boosting market sentiment.