Solana (SOL) and
Ethereum (ETH) have been discussed for their considerable potential for purchase, including comparisons to an emerging altcoin sold at $0.175. A former Ethereum developer even suggested that this altcoin could outpace Ethereum and hit a $10 mark.
Institutional investors have shown decreased demand, causing Ethereum to reach a critical point. Despite Ethereum's struggles, experts suggest a possibility of breaking through the $4,000 mark. A noteworthy prediction suggests that Ether could reach a $12K value due to a pump triggered by Trump and an update by Pectra. There is a hint of
inter-crypto competition as an article discusses Ripple, implying that XRP ETF might be launched following Bitcoin and Ether ETFs with Ripple's president confirmed this likelihood. Amid all this, the
Ethereum Foundation sold $12.96M ETH, leading to a 7.9% dip in the coin's value. Interestingly, the Ethereum price might get a boost from an Elon Musk game-changing plan that could shoot Bitcoin's price to $100,000.
Strength and momentum fluctuate as Ethereum's price targets are predicted to range from $4,755 to as high as a potential peak of $10,000 or even $12,000. Still, the current
price dips have been concerning, and a newly proposed altcoin Yeti Ouro is expected to reach $1 before Ethereum reaches its potential peak values. With the struggle of Ethereum against the $4,000 mark, it is yet to be seen if the price will be positively influenced by the rising adoption rate and Pectra Network upgrades.
ETH Coin News Analytics from Fri, 20 Dec 2024 08:00:00 GMT to Wed, 08 Jan 2025 22:30:28 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 2
