
Ethereum's Path to $1,000: A Technical Analysis of the Road Ahead
Ethereum could revisit $1000 this cycle due to several factors. Firstly, the total value locked in DeFi protocols has surged, indicating a strong demand for Ethereum. Secondly, the network's scalability issues are being addressed through upgrades like Optimism and zk-SNARKs. Additionally, Ethereum's decentralized finance (DeFi) ecosystem is expected to continue growing, driving demand for the blockchain.