Ethereum (ETH) has surpassed $3,800, a significant milestone demonstrating its growing dominance in the blockchain ecosystem.
Ethereum's rise signifies its versatility and utility as a fundamental layer for decentralized applications and smart contracts.
Factors driving Ethereum's rally include institutional adoption, the boom in decentralized finance (DeFi), layer 2 scaling, and the impact of ETH 2.0.
Despite challenges such as network congestion and competition, Ethereum is expected to further evolve and play a central role in revolutionizing technology built on blockchain.