š Ethereum Should Rise
- topcryptonews
- Jul 17
- 1 min read
If ETH repeats the BTC pattern from 2020, then we have every chance to grow to $7k-8k this year.
Why Ether is trending again:
ā«ļø The number of ETH staked has reached ATH: 35.7 million ETH ($107 billion) are not circulating in the market.
ā«ļø Yesterday, BlackRock bought $499.25 million worth of ETH for its ETF (a new record). The company has already accumulated $6.9 billion worth of ETH.
ā«ļø SharpLink has accumulated 280,600 ETH, surpassing the Ethereum Foundation in terms of ether reserves.
ā«ļø Bears can be liquidated by $1 billion if the ETH grows by 10% to $3,800.
ā«ļø The number of Google searches for the word Ethereum has updated its maximum since December 2024.
As the CEO of Bitwise said , ETH does not have to be BTC 2.0, but should have its own scope of application.
