Ethereum soared to a new all-time high today above $2,600 for the first time in history amidst market fluctuations.

Ethereum network runs the smart contracts

Which gave rise to decentralized finance (DeFi) ecosystem providing financial products like lending, borrowing, and saving replacing the limitations of traditional finance.

The massive surge in the price can be attributed to increasing Defi platforms built on the network.

Author: mBRzeVZxHo

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