ETH's Path to $15K

ETH is on the verge of hitting the big stage, with analyst predicting a potential price target of $15K. This is as a result of the recent inflow into it's ETF, signaling growing interest in the world's largest altcoin.

Why the $15K Hallmark Seem Achievable:

1. Increased Institutional Demand: the recent surge in ETF inflow is an indication of the institutional strength on ETH's future. ETH has always being the backbone of Web3 innovation and this backing to $15K might just be the beginning of new things in the crypto world.

2. Deflationary Tokenomics: after the EIP-1559 upgrade, ETH's tokenomics took a quick shift towards becoming a deflationary model, thereby reducing the supply of ETH overtime.

NB: this is a strong case for a longterm price increase.

3. Staking Growth: while ETH staking continues to grow with billions of dollars locked in validator nodes, these stakes provides valuable resistance to a systemic dip, thus, reducing circulating supply and strengthening the network which is projected to support further growth.

Levels to Watch Out for:

Between $2,000 - $5,000: this level represents the first resistance zone ETH must break to kickstart an upward trend and this has to be achieved before the sight of a $15K ATH can be discussed intermittently.

Between $10,000 - $15,000: the flexibility at this level is high, especially as it will usher in a new crypto era.

According to VentureFounder, ETH could hit $15,937 by May 2025 and holding above $3,800 this week, signals a bullish week.

It is not new that ETH is seen as the future of crypto and being on the radar of top institutional investors is a big flex. While positioning itself as a major player, ETH is tipped to make an explosive rally to $15K and beyond in the coming months. However, in order to achieve this, ETH must break the $5K resistance level and set a new price record.