Ethereum (ETH) experienced a significant drop in price to $2,150 on Feb. 3, following the implementation of new U.S. tariffs. However, the price quickly rebounded to $2,700 after diplomatic efforts led to a temporary pause on the tariffs. During this time, World Liberty Financial, a DeFi project associated with the Trump family, moved $307.41 million in assets to Coinbase Prime for treasury management. Fidelity also purchased $49.75 million worth of Ethereum on Feb. 4. Ethereum has been making changes to improve scalability and transaction efficiency, including raising the gas limit and preparing for the Pectra upgrade in early 2025. While Ethereum still faces competition and challenges with scalability, it is expected to see a bullish future in terms of price and demand, with some forecasts predicting prices as high as $47,066 by 2030. However, it is important to consider real-world adoption trends and trade wisely.



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