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Ethereum Price Rally

Definition

An Ethereum price rally signifies a period of substantial and rapid increase in the market value of Ethereum’s native cryptocurrency, Ether (ETH). This upward price movement typically results from a combination of factors, including increased investor demand, positive market sentiment, technological advancements within the Ethereum ecosystem, or favorable macroeconomic conditions. A rally often involves a sustained buying trend, leading to significant gains over a relatively short timeframe. It reflects heightened confidence in Ethereum’s utility and future prospects.