Ether's ($4,000) Challenge: Key Factors for Year-End Bullish Turn
Ether (ETH) struggles to reclaim $4,000 amidst declining on-chain activity, plummeting network fees, and intense competition for institutional capital. Despite Ethereum's institutional dominance, these factors are restraining its performance.
Key concerns include a 23% decrease in transactions over 30 days and a 34% drop in network fees. Investors seek clarity on the upcoming Fusaka upgrade's benefits for ETH holders.
The U.S. spot ETH ETF launch initially boosted optimism, but the introduction of a Solana ETF and potential ETFs for XRP, BNB, and Cardano raise concerns about capital rotation. DApp revenue challenges and pressures on ETH reserve companies also impact demand.
A sustained bullish recovery for ETH hinges on increased on-chain activity, higher network fees, clearer upgrade benefits, and renewed inflows from strategic reserve companies before 2025 ends.


Cryptovka
Ether
Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has faced significant challenges in regaining its $4,000 valuation, last observe...






