After a period of stagnation, $ETH has surpassed the $3,000 mark, fueled by recent macroeconomic events. The return of Donald Trump to the U.S. presidency and a Federal Reserve interest rate cut have ignited optimism among crypto investors. Institutional and retail interest in Ethereum has surged, reflecting confidence in its potential.
However, while the outlook is bright, caution is still advised. With the rise of layer-2 networks, Ethereum faces competition and challenges in its scalability journey. And the performance in last months is still lackluster compared to other coins, such as $SOL - the next coin by the market cap.
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