This wave of ETH surge may be due to the following reasons:
1.Global economic instability: Due to global economic troubles, many investors have started to seek more stable investment methods. Ethereum, as one of the digital currencies, has become a widely chosen object for investors.
2.The heat of the NFT market: Currently, with the rise of the NFT market, many artists and musicians have started to use NFT to display their works and trade them. The main currency for these transactions is ETH, so the rise of the NFT market has undoubtedly also pushed up the price of ETH.
3.The possibility of Ethereum ETF: Recently, there have been news that US regulatory agencies may approve spot Ethereum ETFs, which may also be an important reason for stimulating ETH demand and price increase.
These reasons may have led to this wave of ETH surge. However, when investors make investments, they still need to carefully assess the risks and reasonably arrange their own investment plans. The specific situation may still need further study or consult professionals.
