Ethereum has recorded its strongest quarterly close ever, surpassing the $3,600 resistance level. This milestone has fueled optimism among analysts, who predict a potential rise to $6,400. The network's activity has intensified, with daily transactions reaching 1.6–1.7 million, marking a four-year high. This surge is attributed to increased decentralized finance (DeFi) activity, with analysts noting that the current breakout pattern resembles previous bullish cycles, suggesting further growth potential.