币界网报道：Ethereum (ETH) has experienced a significant price surge, with analysts from Sharplink Investment highlighting key factors driving the uptrend. The cryptocurrency recently broke through critical resistance levels, fueled by growing institutional interest and anticipation around upcoming Ethereum network upgrades. Sharplink's report notes that increased adoption of Ethereum-based decentralized applications (dApps) and the expansion of decentralized finance (DeFi) ecosystems are contributing to bullish sentiment. Market observers also point to Ethereum's deflationary supply mechanism post-Merge as a long-term value driver. While short-term volatility remains possible, Sharplink maintains a positive outlook for ETH's medium-term trajectory, citing strong on-chain metrics and developer activity. The analysis suggests Ethereum could test higher price targets if current market conditions persist.