Ethereum $2,544.43After remaining a long time away from the US $ 4,891 USD in November 2021, a significant tendency to rise last month. The crypto currency, which has increased by 67 percent in the last month on the basis of the US dollar, has reached $ 2,577 in recent weeks. Analysts and the leading names of the sector make various evaluations about the future of Ethereum after the latest developments.
Arthur Hayes’s ETH expectation
Arthur Hayes, one of the well -known names in the crypto money market and former Bitmex CEO, revealed a remarkable opinion about the price of Ethereum. Hayes, Bankless Podcast program ETH’nın potentially a range of US $ 10,000 to 15,000 deemed. Among the basic reasons on which these estimates are based, the change in market perception and Ethereum’s recent interest in the recent period are attracted.
Eth was a little dead. Everyone hated him. BTC/ETH ratio was falling, it was on the rise […] It was time.
Arthur Hayes said that the interest of investors shifted again to Ethereum and that negative approaches in the past tend to disappear in new cycles. According to Hayes, Ethereum has been in the shadow of other projects for some time, and this made it inevitable to recover.
Pectra update and the future of the network
The recent Pectra update on the Ethereum network created a positive atmosphere between users and developers. The increasing activity of Vitalik Butter on social media and new scalability suggestions also supported this optimism. It is particularly shared that the Pectra update is aimed at increasing transaction capacity and data safety.
High -level appointments at the Ethereum Foundation and Butterin’s suggestions for short -term and long -term network improvements are welcomed with enthusiasm in the Ethereum community. Among them, the pruning of the old trading history and the “partially infertile” node design draws attention.
Interest in ETFs and the orientations in the market
A new increase in demand for Ethereum -oriented investment products traded in the USA was observed. On the last three trading day, US Spot Ethereum ETFs took place over $ 100 million. Approximately half of these entrances turned to ETHA product presented by Blackrock.
Experts think that the positive news about the Pectra update and Ethereum has an impact on the increase in demand for ETFs. Past funding outlets were replaced by investments that were re -directed to Ethereum.
Although important uncertainties about the future of the Ethereum market continue, the technical improvements in the network and the increasing investor interest in the network raise upward pressure on the price. Crypto currency market participants continue to follow the developments closely. Ethereum’s strengthening at the technical and institutional level is considered a positive signal by investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
