Ether price could hit a high of $12,000 this year, a 257% gain from its current price driven by Donald Trump’s first year in office and a key network upgrade, says head of research at DeFi options protocol Derive, Dr. Sean Dawson.
Dawson told Cointelegraph that the “bullish case” for Ether
ETH
tickers down
€3,265.14
would see it hit $12,000 by the end of the year if Ethereum is successful with its Pectra upgrade, adding that “a friendly regulatory environment under the Trump administration would further support growth.”
At the time of writing, CoinMarketCap shows Ether trading at $3,361.