Ethereum is approaching its all-time high and may reach $7500
According to CNBC, citing data from Coin Metrics, the price of Ethereum has risen by more than 5% to $4740.48, which is about $200 less than the historical high from November 2021.
In turn, the head of digital asset research at Standard Chartered financial corporation, Jeff Kendrick, has raised his price forecast for Ethereum from $4000 to $7500 by the end of this year and from $7500 to $25,000 by the end of 2028.