🚀 Ethereum on the Path to $10,000: Three Key Growth Drivers
📊 Analyst Ted Pillows predicts a strong $ETH rally, comparing the current market to Bitcoin’s bull cycle of 2015-2017. In his view, Ethereum is in an accumulation phase before a potential parabolic rally.
🔶 What’s Driving ETH Growth?
🟠 Strong On-Chain Metrics – Ethereum continues to dominate in TVL (Total Value Locked) and stablecoin liquidity, indicating high demand for the blockchain.
🟠 Institutional Interest – Large funds are actively accumulating ETH, and the launch of spot ETFs could accelerate capital inflows.
🟠 Deflationary Model – Following the EIP-1559 upgrade, ETH issuance remains lower than Bitcoin’s, reducing selling pressure.
🔥 Conclusion:
Ethereum’s rise to $10,000 remains a realistic scenario if institutional interest persists and the deflationary effect strengthens. However, volatility remains high due to Fed pressure and global economic instability.