According to PANews, Grayscale, a cryptocurrency asset management company, has submitted a notice to the U.S. Securities and Exchange Commission (SEC) on May 7th to withdraw its Ethereum (ETH) futures ETF application. The SEC was originally scheduled to make a final decision on Grayscale's Ethereum futures ETF on May 30th. Grayscale initially submitted the 19b-4 application for the Ethereum futures ETF on September 19, 2023. If approved, the ETF would have been listed on the New York Stock Exchange.

Ethereum (ETH) faced increasing sell-off pressure as its price tumbled. The top altcoin is on track for an uphill climb ahead of 2025. A Binance analyst hints that the ETH price could hit $12K in the next cycle, thanks to rapidly growing adoption, network updates like sharding, and its expanding ecosystem. However, stiff competition and market swings could make its journey bumpy.
Meanwhile, new projects like Lunex Network could redefine the DeFi market as we know it. Unlike most exchanges that overpromise and underdeliver, Lunex will solve actual problems inherent in decentralized finance, including liquidity and price optimization. With a hybrid exchange and system designed to offer real passive income, Lunex is emerging as the go-to platform for anyone seeking high returns and reliability in DeFi.
Lunex Network Gains Momentum, Set for Massive Gains in 2025
Just a few months after its launch, Lunex Network has already raised over $5.5M in presale revenue, with over 2.3B LNEX tokens sold. This reflects the project’s high potential, which continues to draw interest from global investors. Lunex Network is a hybrid DeFi project that aims to facilitate cross-chain transactions.
The mobile exchange will allow users to perfectly trade 50,000 plus crypto pairs across 40-plus blockchains at a lower cost. Unlike most platforms, Lunex Network will provide incentives to its token holders. Its unique revenue-sharing model allows token buybacks from the open market, which are then redistributed to token holders.
With that, LNEX investors can decide on their tokens for as few as 30 days and earn up to 18% in APY yields. Moreover, its portfolio tracker feature will ensure traders can monitor their assets. So far, early investors are already enjoying over a 300% ROI as the LNEX price hits $0.0049, with the number set to increase soon.
Is The $12,000 Milestone Realistic for Ethereum In This Cycle?
Ethereum’s potential to hit the $12K milestone lies in several crucial factors. Per Binance analyst insights, Ethereum cryptois currently undervalued, considering its ecosystem dominance and upcoming upgrades. Its technical indicators, like the Relative Strength Index (RSI) and critical support level, indicate bullish momentum if the wide market conditions remain favorable.
Breaking the $12K milestone will require Ethereum to maintain an edge over its competitors and capitalize on institutional interest and technological improvements. If the Ethereum network delivers its scalability promises and maintains ecosystem growth, the $12K milestone doesn’t appear too far-fetched. However, achieving such a milestone will depend on how well ETH navigates challenges and adapts to market demands.
The ETH ecosystem has witnessed sell-off pressure, plummeting beyond several resistance levels. Per Lookonchain data, whales have offloaded assets in profit-taking behaviour, ushering in declining sentiments. However, ETH bulls continue to control the market, triggering a recovery and potentially pushing the price of ETH to new highs towards $5K.
Best Investment Options for 2025
As ETH is set to undergo a bullish outlook, Lunex Network represents a high-potential, low-entry project to invest in. Its impressive momentum has already seen early investors cash in better returns on investment, and the number is set to continue increasing.
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Factors Influencing Ethereum's Future Price

1. Technological Advancements: Upgrades like Ethereum 2.0, which aims to improve scalability, security, and energy efficiency, are critical. These enhancements can bolster Ethereum's appeal and adoption.

2. Smart Contract Capabilities: Ethereum’s ability to support decentralized applications (DApps) and smart contracts differentiates it from other cryptocurrencies, adding value beyond being a digital currency.

3. Market Adoption: Increasing use cases and adoption by businesses, developers, and users can positively impact its value.

4. Regulatory Environment: Government policies and regulations around cryptocurrencies can either hinder or foster Ethereum's growth.

5. Market Sentiment: The overall sentiment in the cryptocurrency market, influenced by Bitcoin's performance, investor confidence, and macroeconomic factors, plays a significant role.

6. Community and Ecosystem: A strong community and active development can lead to innovations that drive Ethereum's utility and, consequently, its value.

Risks and Considerations

Volatility: Cryptocurrencies, including Ethereum, are known for their price volatility, making investment riskier compared to traditional assets.

Regulatory Risks: Changes in legal frameworks around the world could significantly impact Ethereum’s accessibility and usage.

Competition: Emerging blockchain technologies and cryptocurrencies could pose competition, potentially affecting Ethereum's dominance and price.

Market Manipulation: The relatively less regulated nature of cryptocurrency markets can lead to price manipulation, affecting investor confidence.

Investment Outlook for 2025

Predicting Ethereum’s price in 2025 involves a blend of optimism and caution:

Optimistic Projections: If Ethereum continues to innovate and expand its ecosystem, it could see substantial growth. Increased adoption in sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and more could contribute to its upward trajectory.

Cautious Approach: Due to market volatility and external factors like regulation and competition, it's essential to be prepared for price fluctuations and potential downturns.

Conclusion

Ethereum's future as an investment by 2025 looks promising due to its unique features and the ongoing evolution of its platform. However, the inherent risks of the cryptocurrency market require investors to stay informed, diversify their portfolios, and approach with caution. Balancing the potential for high returns with the readiness to face market unpredictability is crucial for anyone considering investing in Ethereum.
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