Ethereum to $10,000 in 2025: Why Analysts are so Bullish on ETH

robot
Abstract generation in progress

Ethereum Ether (ETH) is currently one of the major cryptocurrency tokens that have been soaring in demand at the moment. The token is now eyeing major price spots at the moment, and some are even projecting another 120% surge to $10,000 by the end of this year. There are several catalysts for Ether’s recent growth, all of which will be covered here. Could Ethereum breach five digits for the first time ever and hit $10k before 2026?

The recently introduced CLARITY Act has recognized three blockchains as “mature” chains, with the list including Bitcoin, Ethereum, and Cardano. These chains have been called mature based on decentralization and token distribution elements, inviting an influx of frenzy towards their tokens. ETH is now up over 20% in the past week to above $3,600. To challenge its ATH of $4,891.70, it would have to surge another 27%, which many analyst suggest is possible.

More Signs That Could Send Ethereum (ETH) to $10K

Additionally, Per analyst Javon Marks, Ethereum is currently outrunning Bitcoin at the moment and is showing signs of positive resurgence in the future. With Ethereum layer 2s exploding with activity at the moment, this major catalyst may end up spiking ETH to new highs. Major ETH Layer 2 chains, including Base, Arbitrum, and Optimism, have been noticing increased activity and momentum, which again may usher in major price waves for the token.

Furthermore, Steve Gregory, the founder of crypto exchange VTrader, revealed exclusively to WatcherGuru how high BTC and ETH could surge in a few weeks. According to the founder, the ETF inflows into Bitcoin and Ethereum now exceeds the overall token-supply pointing towards another bull run. This makes BTC and ETH bullish as the influx of funds from institutional clients is flowing into the broader cryptocurrency market.

Also Read: US Gov: ETH, BTC, ADA Are “Mature”—Ethereum to Rally $4K?

**Also Read: US Gov: ETH, BTC, ADA Are “Mature”—Ethereum to Rally $4K?**In terms of the specific $10k forecast, Ethereum has only seen such an explosive move during the 2017 ICO boom and the 2020–21 DeFi wave. However, with rising institutional demand and limited sell pressure, an explosive breakout can’t be ruled out. As more analysts hike up their forecast for Etheruem (ETH), the asset will only have further potential and hype. Further, as Bitcoin climbs, the assets just below it including ETH, XRP and others will only rise as well.

ETH-0.43%
WHY-2.92%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
Rich321vip
· 07-20 19:18
Hurry up and enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)