#ETH Santiment published a study on ETH, according to which the growth is due to a combination of increasing institutional interest, strong network upgrades, and expanded usage. Many consider a path for ETH to $6000 or even $6500 by the beginning of 2026 to be quite realistic.
According to bearish arguments, activity on L2 is weakening. If institutions start to move away from ETH or the market structure unexpectedly changes, its growth could be interrupted.