The article discusses the impact of Ethereum's halving on its performance in the first quarter of subsequent years. Analysts have observed a consistent trend where Ethereum delivers high returns during these periods. Historical data shows that Ethereum experienced significant growth in the first quarter of 2016, with a boost of 85.75% in the 10th week. Similarly, in other halving years, Ethereum saw positive growth in the first quarter. This suggests that 2024, another halving year for Ethereum, is expected to have significant market activities. The article also mentions that the demand for Ethereum among investors remains high, and more institutional actors are entering the space.
- Content Editor ( cryptonewsland.com )
- 2024-12-30
Ethereum’s Q1 Halving Year Trend: What Past Cycles Tell Us About 2024