#ETHProspects Today I want to share with you relevant information about Ethereum (ETH), one of the most prominent cryptocurrencies in the current market. At this moment, Ethereum is priced at 3,218.67 USD, with an intraday high of 3,319.38 USD and a low of 3,216.28 USD.
📌According to analysts from Standard Chartered, it is projected that Ethereum could reach 8,000 USD by the end of 2024 and potentially hit 14,000 USD in 2025, especially if Ethereum exchange-traded funds (ETFs) are approved.
📌Additionally, the recent update to the Ethereum network, known as Dencun, aims to significantly reduce transaction fees, which could increase its competitiveness and appeal to investors.