Ethereum has been closing in on its recent all-time high mark and could keep climbing past it to a fresh record of $5,000 or more, if institution demand and progress towards its Fusaka upgrade continues to be encouraging, an analyst said. “Ethereum’s path toward $5,000 will depend on a confluence of sustained institutional demand, upgrade-driven scalability, and supportive macro conditions,” Javier Rodriguez-Alarcón, chief investment officer at digital asset investment firm XBTO, told Decrypt. “Spot ETH ET ...