Why can Ethereum reach $27,000? Analyzing growth factors and investor forecasts

Investor and Ethereum community member, Ryan Berkmans, predicts impressive growth in the price of ETH, expecting a value between $12,000 and $27,000 over the next 18-30 months. He highlights a key factor - the transition from Proof-of-Work to Proof-of-Stake in September 2022.

This strategic move has taken the pressure off miners, freeing them from the need to regularly sell coins to cover expenses. This scenario allows Ethereum to avoid downward pressure on prices, unlike Proof-of-Work coins. Berkmans believes that the current bull cycle, the first after the transition, promises sustained growth.

This unique context creates a favorable environment for investors, providing prospects for significant returns over the long term. Experts also confirm that Ethereum could be one of the most promising assets in the cryptocurrency space during this period.

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