Ethereum Surpasses $2,100 Milestone Amid Strong Momentum

Ethereum has made a significant breakthrough by surpassing the $2,100 price milestone, marking a pivotal moment for the world's second-largest cryptocurrency by market capitalization.

The rally is driven by both technical factors and fundamental network developments. Market data reveals a steady accumulation of buying pressure over the preceding week, with on-chain analytics firms reporting a notable decrease in ETH held on exchanges, suggesting a shift toward long-term holding or staking strategies.