Ethereum (ETH) has reached the significant milestone of $3,000 for the first time since April 2022, sparking widespread discussion and speculation within the cryptocurrency community. This surge is part of a broader rally in the crypto market, which has seen the total market cap exceed $2 trillion, with Ethereum's market cap at $350 billion. The rally is attributed to various factors, including speculation about an upcoming Ethereum ETF and the impact of the BTC ETF, which has been seen as a major catalyst for crypto adoption. Influencers and traders have expressed a range of sentiments, from excitement over the price movement to speculation about future targets for ETH, with some predicting a trajectory towards $10,000 and even $26,670. The price movement has also led to increased activity, including an Ethereum ICO participant who, after 8.6 years of dormancy, moved 1,732 ETH (worth $5.15M) to Kraken. This participant received 3,465 ETH (worth $10.3M) at the Ethereum Genesis, with the ICO price at approximately $0.31. The crypto community is closely watching Ethereum's performance, with some seeing this as just one step on the journey towards higher valuations.