Ether's Revival: A New Lease on Life for the Second-Largest Cryptocurrency
For some time now, it has been trendy to criticize ETH. While US-based spot bitcoin ETFs successfully propelled bitcoin into the mainstream, reaching $118,000 within a year and a half of their launch, the same effect was not observed for ether, which currently trades at $3,400 - the same price as in February 2024, prior to the issuance of its own spot ETFs. Multiple issues have contributed to thi…