"Ethereum (ETH) Expected to Surpass $5,500 Next Year"

Source
JH Kim

Summary

  • Galaxy Research predicted that Ethereum (ETH) will surpass $5,500 by 2025.
  • They stated that an improved regulatory environment in the DeFi sector could promote Ethereum's bullish trend.
  • The possibility of NFTs showing a recovery trend next year was also mentioned.

According to the cryptocurrency media YouToday on the 27th (local time), Galaxy Research predicted in a report that Ethereum (ETH) will surpass $5,500 by 2025.

They explained that an improved regulatory environment for the DeFi sector could act as a catalyst for Ethereum's bullish trend.

Additionally, it is anticipated that traditional capital markets will test public blockchains within regulatory sandboxes. The possibility of NFTs, which led the bull market in 2021, recovering next year was also mentioned.

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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