币界网报道：Ethereum surged 13% as geopolitical tensions eased, with ETH climbing from $3,100 to over $3,500 in 24 hours amid broader crypto market recovery. The rally followed Bitcoin's rebound past $66,000 after Iran downplayed recent Middle East conflicts, reducing risk-off sentiment. Analysts note Ethereum's outperformance reflects growing institutional interest ahead of potential SEC approval for spot ETH ETFs, with the regulator delaying decisions on applications from VanEck and ARK Invest until May. On-chain data shows whales accumulating ETH, while derivatives markets indicate bullish momentum with rising open interest. The ETH/BTC ratio also strengthened to 0.052, its highest since January, signaling altcoin season potential. Meanwhile, Ethereum network upgrades continue, with developers testing the next major update, Pectra, expected later this year to improve scalability and user experience.