Ethereum (ETH) has experienced significant gains in the last week, leading to speculation of a potential rally.
Increased ETH volumes and decentralized finance (DeFi) numbers suggest a break of resistance levels and a possible surge to $3,500.
Crypto enthusiasts and market stakeholders project a bullish future for Ethereum, with predictions of an explosion in value and gains of over $8,000 in the next year.
Positive macro factors, including recent interest rate cuts, attract inflows to the crypto market and encourage accumulation of Ethereum.