With many analysts expecting huge price gains, the excitement around Ethereum (ETH) is growing again in 2025. ETH didn’t have such a strong year, but things have gotten better since then. Important changes are taking place to the cryptocurrency that can help make it stronger in the market.
TraderPA, a popular trader on X, believes that ETH could explode up to five times from its current price, possibly leading to $10,000 and can even go as high as $15,000 in the coming months.
Ethereum will easily 5x from here. pic.twitter.com/Detp3pTtxm
— TraderPA (@Trader1PA) January 29, 2025
ETH is now at $3,130, down 8% from its January high of $3,712. But it appears to be finding strong support around $3,000, a price that has bounced off several times in the past month.
Several factors could drive ETH’s price up in 2025:
Etherealize Launch:
Etherealize was launched on January 23 to encourage big investors to start using Ethereum, especially on Wall Street. The initiative is backed by the Ethereum Foundation and founder Vitalik Buterin and led by skilled trader in traditional finance markets Vivek Raman. Bringing more attention and interest in Ethereum.
Leadership Changes at Ethereum Foundation
The Ethereum founder Vitalik Buterin recently said there is a need for change in the Ethereum Foundation. While he’s now doing what he can to make leadership at Ethereum better, Ethereum could grow and compete better.
Investor Interest
A lot of investors are waiting for the ETH growth signals. With Ethereum still steady, the hype for “Alt Season” is increasing. If Bitcoin (BTC) surges past a new high of $110,000, ETH could top $4,000 as well and keep growing in 2025.
Regardless of whether Ethereum’s adoption increases or not, the mood of the market is very bullish right now and ETH’s price could skyrocket up in the next couple of months.
Also read: Cardano Price Set for 40% Jump as Analysts Predict Upcoming Rally
