Tagblockchain innovation

Ethereum’s Surge in 2023: Breaking Barriers and Setting New Heights

Ethereum (ETH), the second-largest cryptocurrency, has experienced a significant uptick in its price over the past month, soaring to a year-to-date high of $2,139. This surge is partly attributed to the broader bullish wave in the crypto market and BlackRock’s involvement in filing for a spot ETH exchange-traded fund (ETF). Notably, ETH has outperformed Bitcoin (BTC) and many altcoins recently, marking a shift in market dynamics, as indicated by data from market provider Kaiko. Despite earlier struggles to gain momentum, even with successful upgrades like The Merge, Ethereum’s...