$ETH Ethereum (ETH) is currently trading at around £2,618, up 5.4% in the last 24 hours, despite a 1.2% drop over the past week. Recent excitement comes from Vitalik Buterin's introduction of the "Splurge" update, designed to enhance Ethereum's capabilities in anticipation of future tech challenges.

Analysts are optimistic, suggesting that if ETH maintains above key support levels, it could rally towards £6,000. Keep an eye on competition from other networks, like Solana, which recently surpassed Ethereum in transaction fees

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