The price of Ethereum has seen a significant surge in recent weeks, driven largely by the growing demand for decentralized finance (DeFi) applications and the upcoming launch of ETH 2.0. As the second-largest cryptocurrency by market capitalization, Ethereum's success has a ripple effect on the overall crypto market. Will this momentum continue or is it a short-term spike?

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The surge in Ethereum's price is largely due to the growing DeFi ecosystem and anticipation of ETH 2.0. However, it's uncertain whether this momentum will continue or is a short-term spike, as the crypto market is known for its volatility.