Crypto market analyst Pentoshi predicts Ethereum could reach $3,200 with new all-time highs on the horizon, citing a shift in sentiment and increased capital inflows.
Pentoshi notes growing corporate demand for Ethereum, suggesting that public firms may soon hold enough ETH to offset supply issued post Ethereum's switch to proof-of-stake.
Fundstrat's Tom Lee highlights Ethereum's potential to benefit from stablecoin growth, emphasizing the network's importance in decentralized finance.
Analysts anticipate Ethereum's value will be fully reflected in the market as it continues to be integral to the DeFi sector and digital dollar infrastructure.