At the moment, Ethereum is trading below $2,680 but CryptoQuant analyst Burakkesmeci has “tweeted” that Ethereum’s price could hit $4,000 by the end of the year, reflecting strong confidence in its future potential. What’s driving this potential 50% surge? Read on.
A key reason for this surge is the approval of Ethereum Spot ETFs earlier this year. These ETFs have made Ethereum more accessible to large investors, boosting trust in the asset. With clearer regulations, Ethereum is now seen as a more reliable investment, appealing not just to crypto enthusiasts but to mainstream investors as well.