Ethereum$ETH is ready for a bull run. Furthermore, it is expected that the price of ETH will rise between $15,000 and $25,000, and its market capitalization will increase from $1.5 trillion to approximately $10-15 trillion.
The growth of institutional interest and accumulation by crypto whales reflects an optimistic outlook for Ethereum, paving the way for higher ETH prices. Additionally, these events have intensified the growing optimism among cryptocurrency market observers, many of whom predict a bullish future for the altcoin. According to CoinShares, ETH has outperformed BTC and SOL, attracting a weekly inflow of $51.3 million. This shift in focus towards ETH marks a resurgence of interest after several months of relatively low performance.
At the time of writing, ETH was trading at $3,370, reflecting a 4% pullback in the early hours of the daily trading session. Despite the decline, on December 16, the altcoin reached a yearly high of $4,109, representing a 74% increase in less than six weeks.
