Why ETH $ETH has potential:
1. Strong fundamentals:
• Ethereum is the largest platform for smart contracts.
• Most DeFi, NFT, and Web3 projects are built on it.
2. Transition to Proof-of-Stake (Ethereum 2.0):
• This has significantly reduced energy consumption and made the network more attractive to investors.
• Now ETH can be staked to earn passive income.
3. Potential approval of an ETF for ETH:
• If the SEC (in the USA) approves a spot ETF for Ethereum, the price could skyrocket, as it did with Bitcoin.
4. Network activity is increasing:
• Thousands of new applications and tokens are launched every month.
• Layer 2 solutions (like Arbitrum, Optimism) reduce fees and enhance scalability.
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Risks (but not critical):
• Competition from Solana, Avalanche, Cardano, etc.
• Regulatory uncertainty.
• High fees during peak load times (partially resolved through Layer 2).
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Conclusion:
ETH is one of the strongest assets in crypto. If you hold it for the medium or long term, it is a quite justified strategy.
There are chances to see $4,000+ and even more if the market goes into a bull run.