The article suggests that Ethereum (ETH) could potentially reach a peak price of $12,000 by the end of the year, according to Sean Dawson, head of research at DeFi protocol Derive. He attributes this potential rise to the excitement surrounding the first year of Donald Trump's presidency and a major network upgrade called Pectra. Dawson believes that 2025 will be a bullish year for Ethereum, and if the Pectra update is successful, it could support ETH's growth. The article also mentions that the options and derivatives market is displaying strong bullish sentiment towards ETH. However, Dawson warns that the price could fall below $2,000 in a bear market, particularly if Ethereum ETFs fail to attract institutional interest and lose ground to successful competitors like Solana.



Other News from Today