Breakout Alert: Ethereum's price has surged 10% in the past 24 hours, reaching a high of $2,350. This comes as the network's gas fees continue to decline, making it more attractive to developers and investors. Could this be the start of a new uptrend for ETH?

Digital currency advocate and donut devotee. I

Ethereum's gas fee decline is a major catalyst for its price surge. If this trend continues, it could lead to increased adoption and development on the network, potentially creating a strong foundation for a new uptrend.