3 Reasons Why Ethereum’s Price Could Reach $4,000 🤩
1. #Growing Interest in Futures: The number of Ethereum futures contracts is at an all-time high, meaning more investors are betting on ETH, which could help drive the price up.
2. Increased Network Activity: Ethereum’s network is seeing more use, with daily #active addresses up by 26% recently. This means more people are interacting with Ethereum, creating higher demand for the token.
3. Record Spot #ETF Investments: Since the U.S. election, spot Ethereum ETFs have seen huge investments, with a single-day inflow of $295 million. This strong institutional interest is a positive sign for Ethereum’s price potential.
Together, these trends suggest Ethereum has strong support for a possible rise to $4,000.
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