$ETH
### **Potential Reasons ETH Could Go Up**
1. **Ethereum’s Utility** – ETH is the backbone of decentralized finance (DeFi), NFTs, and smart contracts, making it highly valuable as adoption grows.
2. **EIP-4844 (Proto-Danksharding)** – This upgrade reduces transaction costs on Layer 2 networks, improving scalability.
3. **Spot ETF Possibility** – If approved (following Bitcoin ETFs), institutional demand could surge.
4. **Deflationary Supply** – Since the Merge (Ethereum 2.0), ETH supply has been decreasing due to burning mechanisms.
5. **Institutional & Developer Adoption** – Major companies and developers continue to build on Ethereum.
### **Short-Term vs. Long-Term**
- **Short-term:** ETH can be volatile, influenced by Bitcoin movements, macroeconomic factors (Fed rates), and crypto market sentiment.
- **Long-term:** If Ethereum maintains its dominance in smart contracts and scaling solutions improve, ETH could see significant growth.