Will Ethereum strengthen in the second half of the year really depend on the market?

If there are no cross-domain innovations like NFTs, even if it rises to $10,000, it might not hold?


This is not a matter of price judgment, but a deep analysis of the inherent driving logic within the crypto ecosystem.



Before discussing the market for the second half of the year, let's first review a core fact:

The reason why the previous round of Ethereum formed a double top structure is not fundamentally due to the Federal Reserve or macro liquidity, but due to a truly cross-domain technological and cultural innovation—NFT.


The rise of NFTs is not a fleeting phenomenon; it has truly broken the boundaries between the crypto world and the traditional world:


  • Sports stars, entertainment celebrities, and art world big names are all getting involved;


  • Contemporary art museums are beginning to include NFTs like CryptoPunks in their collections;


  • Christie's and Sotheby's are taking turns auctioning off artworks on the Ethereum chain;


  • A batch of Ethereum native projects has completed the leap from 'niche on-chain' to 'recognized in the real world'.



In contrast, although DeFi has stirred up huge waves in the crypto space, NFTs are the real core engine that has broken through barriers and ignited the second peak.


Also because of this, the market did not directly decline after the first peak, but because NFT innovation erupted again, bringing the market to a higher peak.



So the question arises: does Ethereum still have such an 'engine' in the second half of the year?


From the current perspective, there are two directions worth paying attention to:


1. AI + Crypto

This track had a brief explosion in early 2024 but fell silent again, yet it has recently started to warm up. However, even so, its influence is still limited to the emotional rotation within crypto and has not yet demonstrated the ability to leverage the entire ecosystem. At least for now, there are no scenarios like NFTs that can be actively introduced by mainstream channels such as Hollywood, the NBA, and auction houses.


2. Traditional giants' Ethereum infrastructure layout

For example, Ant Group recently announced the construction of a permissionless L2 expansion network based on Ethereum in overseas (Hong Kong), which, although not issuing tokens, can deploy applications and connect with domestic alliance chain systems through cross-chain bridges.


This is a very noteworthy phenomenon: traditional giants are building a dual-track blockchain system—compliance on the inside, freedom on the outside.


This kind of 'gray operation' will become a common path for traditional financial institutions to access the public chain ecosystem on a large scale in the future.

But it is worth noting that the benefit models of these projects are mostly closed and have little relation to ordinary retail investors.


In simple terms, although these ecosystems are built on Ethereum and have a positive drive on ETH prices, the real investment opportunities often arise in purely native crypto projects, such as publicly operating L2 networks like Arbitrum, Optimism, and Base.



Will ETH rise to $10,000? It depends on whether this thing can emerge.


If you ask: does Ethereum have a chance to hit a historical high in the second half of the year?

My answer is: it is possible, but it depends on whether the ecosystem can present something truly substantial.


If the entire crypto space continues to operate at 'low temperature' as it is now, the current rebound of ETH from $1500 to $2500 may at most just be a rebound from an oversold condition driven by Bitcoin.


But if disruptive, cross-domain innovations like NFTs emerge again, then Ethereum breaking through $4,000 and even challenging $10,000 would truly have a foundation and support.


Therefore, where the ETH price goes in the future is not determined by whether there are positive news, nor by whether US stocks rise, but by whether enough compelling new models, new logic, and new scenarios can emerge on-chain.



So how do you know if a 'new miracle' is emerging?


The answer is simple: just monitoring the market is not enough, relying on luck is even less reliable.

What you need is an intelligent information analysis system that can quickly identify new projects, new trends, and new opportunities.


Mlion.ai is such a highly practical AI investment research assistant—


  • Able to mine early trends of 'hot projects' based on on-chain data;


  • Able to analyze the deployment frequency and growth curve of new projects in the Ethereum L2 network;


  • Able to quickly transform scattered information (such as a major player's L2 deployment plan) into investment judgments;


  • The daily AI report can still help you sort out the evolution trends of the entire crypto ecosystem.


Especially in the current phase where 'the market is not moving much, and opportunities are hidden deep', being ahead in information is your only winning chance.



You can wait for the market to come, or you can use Mlion.ai to see which forces are 'brewing miracles'.

But in any case, do not leave the question of whether ETH will rise to $10,000 to market sentiment; relying on innovation itself is more reliable.



#ETH

The above content is for informational sharing only and does not constitute any investment advice!