Ethereum Reaches New High as DeFi and Institutional Interest Drive Growth

The cryptocurrency market is buzzing with activity, fueled by the recent surge in Ethereum’s price. This rise can be attributed to a confluence of factors: including robust growth in decentralized finance (DeFi) applications and increasing institutional investment. Ethereum has broken through its all-time high of $4500, leaving traders excited about what lies ahead. Experts attribute this impressive performance to the expanding DeFi ecosystem and growing interest from investors.