$ETH will it skyrocket again?🚀🚀
1. Network Upgrades & Layer-2 Adoption*: Layer-2 technology developments could improve the scalability and efficiency of the Ethereum network, increasing demand for ETH.
2. DeFi Growth and Blockchain Adoption*: Ethereum remains the leading platform for decentralized finance (DeFi) applications and NFT markets, increasing demand for ETH.
3. Institutional Investment & Regulation*: If institutional investment increases and crypto regulation becomes clearer, Ethereum could potentially break $5,000 or more.
4. Ethereum Spot ETF Inflows*: The inflow of funds into Ethereum spot ETFs could drive the price of ETH higher.²
5. Ethereum Exchange Balance Decrease*: Ethereum exchange balance declines could be an indicator that investors are starting to accumulate the asset.