Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside.
Key takeaways:
Ether breaks multimonth downtrend as traders target $3,000 ETH price.
Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery.
