The chances of Ethereum reaching $20,000 are fueling debate among investors and analysts.
Real-world usage and rising activity on its platforms are crucial for the success of the Ethereum network.
Investor Ryan Berckmans believes that practical use and high fees, indicating faith in the altcoin, are key to achieving the $20,000 ETH price.
Scaling through Layer 1 and Layer 2 solutions, as well as focusing on utility-driven growth, are crucial for Ethereum to maintain its position and reach its price target.