$ETH
Ethereum (ETH) is expected to remain one of the strongest cryptocurrencies due to its pivotal role in the development of decentralized applications (DApps) and smart contracts. With updates like Ethereum 2.0 that have enhanced efficiency and reduced energy consumption via the Proof of Stake (PoS) mechanism, analysts expect the network to continue to grow. Factors influencing the price of ETH include institutional adoption, regulations, and developments in the overall crypto market. Despite the volatility, some see it reaching new highs in the long term, especially with the expansion of DeFi and NFTs
