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Ethereum Hits $3,200 Amid Surge in DeFi Activity
Ethereum reaches $3,200, fueled by strong DeFi activity and Ethereum’s growing market dominance.
Ethereum reached a new high of $3,200, driven by a surge in decentralized finance (DeFi) applications. The Ethereum blockchain's continued dominance in the DeFi sector has attracted substantial capital inflows, with major decentralized exchanges seeing increased trading volumes. Despite regulatory concerns, analysts predict further price growth as Ethereum’s shift to proof of stake and broader adoption of smart contracts contribute to its market leadership in the crypto space.