When will $ETH make its new ATH?

With predictions that $BTC will soon soar past $120K as big institutions pile up their BITCOIN reserves, but what about ETHEREUM and when will it explode?

Crypto analysts blame Ethereum's setback on slow institutional adoption, where Bitcoin continues to dominate. This could have deeper implications for Ethereum's positioning as an asset class.

Since this is concerning for $ETH holders, however what's even more concerning is that Solana is competing to be the fastest, most secure, and scalable solution in the crypto world. More specifically, Solana is looking to replace Ethereum within the DeFi, gaming, and NFT world.

It's important for ETHEREUM to bring significant change and rapid new innovations to the table, that will revolutionize crypto industry or else soon it may find itself below 1st and 2nd ranking as a cryptocurrency.

Next year 2025 in Q1 - The Ethereum network is preparing for its upcoming upgrade, Pectra, which could potentially signal towards new ATH and reignite enthusiasm amongst its supporters.

Therefore keep close watch towards new developments and market behaviors, because crypto world is ever evolving at a rapid pace, and scaringly enough old tech which is slow to adapt is always prone towards getting replaced by new and innovative technology.

DYOR

dr_mt