Ethereum has experienced a significant price surge, reaching a three-month high of over $2,700. This rise is attributed to robust investor interest and institutional activity driving market optimism. 11% gains in six consecutive trading sessions mark a strong month for Ethereum, indicating its impact on the crypto ecosystem. Institutional accumulation and anticipation surrounding regulatory developments have further fueled this growth. Analysts suggest that Ethereum’s surge may indicate a broader trend of increased momentum within the crypto sector. The rally is notable for its contrast with Bitcoin’s relatively flat performance. Experts attribute market sentiment to the Federal Reserve’s recent hawkish tone as reflected in their May 28 FOMC minutes.