menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Ethereum P...
source image

Zycrypto

1w

read

366

img
dot

Image Credit: Zycrypto

Ethereum Price On Course To Clinch $5,000 Due To These Two Extremely Bullish Catalysts

  • Analysts predict that Ethereum price will surpass $5,000 due to institutional demand and increased activity on the Ethereum network.
  • CryptoQuant notes that inflows to Ethereum exchange-traded funds (ETFs) have broken records, with investors pouring $1.2 billion into ETH funds worldwide.
  • The renewed interest from institutional and retail investors in Ether drives CryptoQuant's target price of $5,000 for ETH.
  • The Ethereum network has experienced higher onchain activity, reflecting growing adoption of decentralized applications and resulting in increased network fees and fee-burning mechanism.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app