What fundamental factors are backing the 120% Ethereum rally, and can it last?

What fundamental factors are backing the 120% Ethereum rally, and can it last? | CryptoSlate

The Ethereum price is up a staggering 120 percent year-to-date from $126 to $278. It has front-run Bitcoin and the rest of the crypto market as one of the best performing cryptocurrencies of the year. The most obvious factor behind the upsurge of Ethereum is that it has been oversold in the latter half of 2019.