#ETH🔥🔥🔥🔥🔥🔥 The Past and Future of Ethereum, Will ETH Hit New Highs by the End of the Year? (1)

To be honest, compared to future developments, everyone may be more concerned about the price of Ethereum. Currently, Ethereum is indeed poised for a surge. Whether I previously called ETH a bottom at 1450 or its current price of 1800, its potential positive factors have always objectively existed!

1. Ethereum and Bitcoin have already opened up traditional funding channels due to last year's ETF approval, and the pool of funds affecting their prices is not just the cryptocurrency market! This is the first-hand information I provide to the entire network because no one has mentioned this most important influence when discussing the critical issue of price. Moreover, according to my sources, institutions on Wall Street have already started conducting over-the-counter trading of Ethereum, and no media has publicly disclosed this yet. I believe that as the price rises, this positive news will eventually be released.

2. At the same time, I have also learned that the Ethereum ETF staking is likely to be approved in the second half of this year, and BlackRock's senior executives are publicly pressuring for it. Once approved, the impact on the price will have two positive aspects: first, it will reduce token selling pressure; second, the yield will attract traditional institutions to increase their positions.

3. The Ethereum Pectra upgrade indirectly increases the ETH staking rate. The EIP-7251 proposal allows validators to earn additional staking rewards beyond the standard staking amount of 32 ETH. Validators can use a single validation node to stake all of their ETH holdings. This improvement is expected to attract large institutions to run their own validation nodes.

4. Charles Hoskinson, the founder of ADA, recently questioned the long-term development of Ethereum in an AMA event, suggesting that this blockchain may not survive in the future. This is nonsense!

This former co-founder of Ethereum pointed out three major structural flaws: erroneous economic models, virtual machine design, and consensus mechanisms. These claims are pure nonsense aimed at gaining attention. The current status of Ethereum, along with its practical applications in recent years, has already disproven the above statements, and ETH has thoroughly outperformed ADA. This guy boasts that he never engages in hype but always manages to ride the wave of current events for self-promotion, occasionally spreading FUD about Ethereum or jumping on presidential hot topics. However, objectively speaking, his marketing ability is currently one of the most lacking aspects of Ethereum.

#The Future of Ethereum #Cryptocurrency Market Rebound #Cryptocurrency Market Consolidation $ETH $ADA