Ethereum Surges to $2,700 as SEC Tokenized Stock Path Lifts Demand

Ethereum price surged more than 3% on September 21, reaching $2,700 and breaking its month-long trading range. This marked Ethereum's highest level since January.

The move came as the SEC introduced a regulatory pathway for tokenized US stocks, which added another catalyst for Ethereum-linked activity.

The SEC's development coincided with stronger risk appetite across the Ethereum ecosystem, and institutional and retail demand recovered alongside the six-day price advance.