🚀 Ethereum aims for $5,500! Are we on the brink of a new historical rally?
The renowned crypto analyst Xanrox has raised the bullish alarms: Ethereum could launch into a parabolic race up to $5,500, marking a new all-time high. And according to his analysis, this is not just speculation: there are solid fundamentals backing this rise.
🔍 In an article published on TradingView, Xanrox highlighted that banks and governments are already accumulating ETH. He even claims that Ethereum is part of the crypto reserves of the U.S., a fact that reinforces institutional confidence in the network.
But that's not all. Ethereum ETFs are also taking center stage. With the possibility of incorporating staking features, these funds have already surpassed Bitcoin in daily flows — a clear sign that major players are betting heavily on ETH.
💬 "Institutional investors see Ethereum (#ETH ) as the future of the crypto industry," noted Xanrox. This perception is generating a surge in demand, driving the price up strongly.