Ethereum’s recent surge in investor interest has been fueled by World Liberty Financial, a firm linked to Donald Trump’s DeFi project, which has accumulated around $200 million worth of ETH since November.
This aggressive buying spree has sparked speculation that Ethereum’s price could climb toward $4,500 by early 2025, with analysts eyeing even higher targets as the year unfolds.
Market analyst Evan Aldo shared his outlook on The Paul Barron Network, predicting that Ethereum could hit $4,500 by mid-March and potentially surpass its previous all-time high by April, reaching $4,300.
Looking further ahead, he suggests that ETH might touch $5,500 by mid-year, with an even more optimistic projection of $7,400 before 2025 ends. He emphasized that Ethereum’s bullish momentum and strong fundamentals present a compelling investment opportunity despite ongoing market volatility.
Beyond Ethereum, several altcoins outside the top 10 have been gaining strength against Bitcoin. While some indicators, such as the “Blood Diamond” pattern, suggest possible downside risks, analysts argue that the current cycle resembles 2017, when altcoins delivered substantial gains. There is growing anticipation that some could see price surges of up to 400% in the coming months.
Ethereum itself has been struggling against Bitcoin but is approaching a crucial support level. A similar pattern played out in 2019 when ETH bottomed out before staging a significant rally. If history repeats, Ethereum could not only recover but also outperform Bitcoin by over 200% within the next year.
Digital asset investment products recorded $1.04 billion in inflows last week, pushing total assets under management (AuM) to a record high of $188 billion, according to the latest report from CoinShares.
The U.S. Securities and Exchange Commission (SEC) is reportedly expediting the review process for spot Solana (SOL) exchange-traded funds, pushing issuers to submit amended S-1 filings by the end of July.
Bonk (BONK) has gone up by 9% in the past 24 hours and currently sits at $0.00002330 after Binance.US shared a cryptic X post that mentioned the token. On Sunday afternoon, the exchange shared a picture of its logo hitting its head with a bat – a clear reference to the viral meme that inspired […]
Spanish banking giant BBVA has expanded its digital services by introducing in-app Bitcoin and Ethereum trading and custody for retail clients.