According to DLNews, Ethereum, which has been ridiculed for failing to hit new highs like Bitcoin and Solana, is currently priced at around $3,300, still a third away from its all-time high of $4,878 in November 2021.
Bitwise head of research Ryan Rasmussen said a $50 billion wealth management firm has shown interest in Ethereum. Analysts at British bank Standard Chartered predict that a Trump victory will push Ethereum to an all-time high of $10,000 by 2025.
Ethereum has grown 35% since November 5, but lags behind Bitcoin, Solana, and XRP, which have gained 45%, 62%, and 180%, respectively. Eliezer Ndinga, head of strategy at 21.co, cited reasons for Ethereum’s underperformance, including a lack of a clear narrative, poor ETF timing, and the rise of Solana.
Crypto Insights Group reported that investor exposure to Ethereum has fallen to 26% from 63% in June. Although the Ethereum ETF saw six consecutive days of inflows last week, it has subsequently seen outflows.
Ethereum is exploring new ways to attract investors. Researcher Justin Drake has proposed a proposal to increase decentralization, update infrastructure, and protect future security risks. Traders are optimistic about Ethereum's price increase, and the options market shows a clear bullish sentiment.
