Ethereum Approaches All-Time High as Momentum Builds

Ethereum ($ETH) has jumped above $4,600, falling just 3.9% short of its previous peak. The surge indicates that the Ethereum ecosystem is garnering renewed interest and confidence from investors. Capital is shifting further along the risk curve as ETH momentum increases. Traders are looking at fresh prospects in decentralised apps, DeFi projects, and altcoins. The market appears to be regaining its optimism, which indicates that Ethereum’s position as a top digital asset will only grow. Investors are now keeping a careful eye on ETH to see whether it will recover and eclipse its previous high.