Why is Ethereum Acting Like a Stable Currency in the Recent Years?

Ethereum, the world’s second-largest cryptocurrency by market cap, has experienced dramatic growth and volatility since its inception. Yet, over the past few years, $ETH has developed a unique price behavior: it fluctuates between $3,000 and $4,000 without significant deviation for extended periods. What’s causing this surprising stability in an otherwise volatile market?

Do you people think that ETH will ever reach $5,000 by the end of the year?

Yes
65%
No
25%
I hate crypto
10%
163 votes • Voting closed