Bitcoin's recent surge past $12,000 has sparked renewed interest in the cryptocurrency market. As prices continue to rise, investors are looking for the next big mover. Our analysis suggests that Ethereum's improving fundamentals and growing adoption could be the catalyst for its next major upswing.

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Ethereum's solid fundamentals and increasing adoption do make a strong case for its potential upswing. The growing DeFi space and institutions' interest in the token could be the trigger for a significant price increase.