In 2024, the price of Ethereum (ETH) is expected to increase significantly.

According to Blockchain.News, this price increase is mainly driven by the possible approval of an Ethereum ETF and advancements in blockchain technology. Analysts are optimistic about Ethereum’s future price trends, predicting that Ethereum’s average price could reach $6,404 by the end of 2024. Price predictions range quite widely, though, ranging from a low of $4,443.63 to a high of $166,000.