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Ethereum Hits $3,200 as Institutional Interest Grows
Ethereum hits $3,200, boosted by institutional interest and the Ethereum 2.
Ethereum has surged past $3,200 due to growing institutional interest in blockchain ETFs and anticipation around the Ethereum 2.0 upgrade. The price increase is driven by increased adoption of decentralized finance (DeFi) and the shift to proof of stake, which promises improved scalability and energy efficiency.
This momentum signals a strong future for Ethereum as it continues to lead in the crypto market.