Ethereum's Surprising Surge

Bitcoin is nearing its all-time high, while Ethereum has experienced an astonishing 30% increase in just one week, reaching $2,560. This surge is attributed to a market correction after a prolonged downturn, with crypto-native buyers stepping in to capitalize on perceived undervaluation. Despite the lack of institutional ETF flows, the market's conviction has driven prices higher, marking a significant shift for Ethereum.