#ETHOnTheRise December 2024 may become a turning point for Ethereum, forecasts suggest a price range from $3400 to $3800. This forecast is driven by major network upgrades and increased institutional interest. The transition of Ethereum to a fully consensus mechanism of proof-of-stake is expected to enhance efficiency and scalability.

By December, institutional interest in Ethereum is expected to sharply increase, leading to the emergence of more financial products based on ETH. This influx of capital could provide significant support for the price of Ethereum. Agreed