Cryptocurrency Q&A Why is ETH soaring?

Why is ETH soaring?

CryptoLordess Mon Jul 01 2024 | 5 answers 1046

Could you elaborate on the reasons behind the recent surge in Ethereum's (ETH) price? Is it due to the increasing demand for decentralized finance applications? Or is it the result of the upcoming Ethereum 2.0 upgrade and its potential to solve scalability issues? Are institutional investors playing a significant role in this rally? What about the influx of retail investors? Could you also discuss the impact of ETH's rise on the overall cryptocurrency market and its potential to attract more mainstream adoption? I'm particularly interested in understanding the underlying factors driving this bullish momentum. Why is ETH soaring?

Why is ETH soaring?

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