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Ethereum (ETH) is one of the leading cryptocurrencies in the market, known for its advanced technology and various use cases. Here are some key points regarding the performance and price of Ethereum:

Price Performance$ETH

- The price of Ethereum rose by 60% in the first quarter of 2024, but it faced a correction towards the $3,000 levels at the beginning of the second quarter.

- Analysts expect the price of Ethereum to remain in the range of $2,500 to $4,000 throughout 2024.

- Predictions indicate that the price of Ethereum may reach the $4,000 level in the second half of 2024.

Future Predictions

- Many analysts expect the price of Ethereum to reach $40,000 by 2030.

- The global investment firm VanEck considers Ethereum a "three-point asset" that includes capital assets, consumer assets, and a store of value.

Influencing Factors

- Regulatory uncertainties, especially surrounding the approval of the Ethereum exchange-traded fund, affect the price performance of Ethereum.

- Network upgrades and scalability improvements play an important role in enhancing the value of Ethereum.