In recent months, Ethereum has experienced notable movements in both price and development activity. Following the surge in the broader cryptocurrency market, Ethereum's price has seen significant appreciation, reaching new all-time highs. This price momentum has been fueled by increased institutional interest, growing adoption of decentralized finance (DeFi) applications, and anticipation surrounding the long-awaited Ethereum 2.0 upgrade, which aims to transition the network to a more scalable and sustainable proof-of-stake consensus mechanism. Concurrently, Ethereum's development community has been actively working on improving the network's scalability, interoperability, and usability through various protocol upgrades and initiatives, including the London hard fork and the ongoing transition to Ethereum 2.0. These developments underscore Ethereum's continued relevance and potential as a leading platform for decentralized applications and programmable money.
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ETH
2,364.2
+0.90%
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