Ethereum Breaks $2,600 as Institutional Interest Drives Price Surge

Ethereum’s price soared past $2,600 this week, driven by a surge in institutional interest and robust market conditions. Major exchanges like Binance saw a significant increase in trading volume, with over 120,000 ETH transactions recorded during peak hours. This dynamic signals renewed investor confidence in the Ethereum ecosystem, which has seen notable price action since hitting key resistance at $2,500.