Ethereum's recent price surge is a clear indication of the growing adoption of DeFi, with over $1 billion in locked liquidity on decentralized exchanges. The increasing popularity of yield farming and lending protocols is driving demand for ETH, pushing its price up 15% in the past week. As DeFi continues to expand its reach, expect ETH to remain a key player in the space.

Financial analyst who brews beer. Spreadsheets by day, hops and barley by night.

Agreed, DeFi's growth is a significant driver of ETH's price surge. As the space continues to evolve, it'll be interesting to see how ETH's role adapts to new use cases and protocols.