Ethereum Breaks $4,500 Barrier, Reaches New All-Time High

Ethereum has soared past the $4,500 mark, marking a new all-time high. The surge in value is attributed to DeFi growth and increased institutional investments, according to analysts. Meanwhile, other cryptocurrencies like Shiba Inu and VeChain are facing turbulence. While SHIB’s price continues to decline, dropping 46% year-to-date, Shiba Inu developers continue to push forward with updates aimed at boosting adoption and addressing long-term concerns about the token’s future.