$ETH

Fundamental Analysis

The first thing to mention is that a fundamental analysis of Ethereum encompasses all factors that may, in some way, affect the price of Ether. In this way, we find the following factors:

The Ethereum 2.0 upgrade: The platform continues its upgrade and transition from PoW to PoS. This makes the network much faster and increases its processing capacity. In fact, Ethereum is expected to be able to process around one hundred thousand transactions per second, which would make it more efficient and environmentally friendly.

Regulations: The change and greater approval in the financial world may boost the price and confidence in Ether. There are rumors about a possible approval in the United States of Ethereum ETFs. In turn, in Hong Kong, on April 30, the first Ether ETFs were launched, but they did not achieve the expected success.

Large investors: It is no secret that large transactions carried out by 'whales' (large holders of cryptocurrencies) can lead to significant movements due to the volume of their operations. These movements are often closely followed by small investors, seeking to interpret the actions of these big players.

Adoption: The more tokens decide to use Ethereum as their base platform, the more solid the platform becomes and generates more confidence among investors.

Other digital currencies: It is well known that the movement of other cryptocurrencies can affect the price. In the specific case of Ether, Bitcoin has a significant influence; if it drops, it is very likely that ETH will also do so, maintaining a downward trend and vice versa.