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.
A report from the Crypto Insights Group shows that investor exposure to Ethereum decreased from 63% in June to 26%. Despite a consecutive six-day inflow of funds into Ethereum ETFs last week, there was a subsequent outflow of funds.
Ethereum is exploring new ways to attract investors. Researcher Justin Drake has proposed a plan aimed at enhancing decentralization, updating infrastructure, and safeguarding against future security risks. Traders are optimistic about the rise in Ethereum's price, with the options market showing clear bullish sentiment.
