Ethereum has experienced a remarkable surge in price, reaching its highest point in nearly four years, exceeding the $4,600 mark. This bullish momentum is being driven by expanding DeFi applications, increasing institutional investments, and growing retail demand, as evidenced by recent record inflows into Ether-based Exchange Traded Funds (ETFs). 54% gains in the past month and a significant jump of 27% over the last week reflect this unprecedented upward trajectory. BitMine Immersion Technologies, the world’s largest Ethereum treasury company, plans to raise an additional $20 billion through a stock offering, fueling further ETH accumulation. Experts predict a parabolic move for Ether in the coming months, potentially pushing prices into five-figure territory. This surge mirrors market cycles from 2016 and 2017, characterized by retail frenzy, Wall Street involvement, and global adoption. Analysts have been closely observing the trends and anticipate Ethereum breaking through its resistance levels soon, creating a significant impact in the market.