Ethereum’s Bullish Surge 💎
Ethereum (ETH), the second-largest cryptocurrency, has surged 50% since November’s lows. With DeFi and NFT ecosystems expanding, ETH now stands at $3,700 and is projected to surpass $4,300 by year’s end. Layer-2 solutions like Arbitrum and Optimism are reducing congestion and driving adoption. 💡
🔑 Key Drivers:
Deflationary mechanics from EIP-1559. 🔥
Continued transition to Proof-of-Stake (PoS).