Ethereum Price to Hit a New ATH in the Next 30-36 Days: Here’s Why
Ethereum Price to Hit a New ATH in the Next 30-36 Days: Here’s WhyBitcoin’s (BTC) recent price surge above $101k has sparked a wave of positivity across the altcoin market, with Ethereum (ETH) taking the lead. Fears of further crypto capitulation have eased, especially with less than a week left before the much-anticipated second inauguration of pro-crypto U.S. President-elect Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President The political shift in the U.S. is set to pave the way for broader global adoption of digital assets and Web3 protocols. Currently, over 562 million people around the world own crypto assets, signaling that adoption is still in its early stages, with huge growth potential ahead.Ethereum’s Bullish Setup: What the Charts SayTechnically, Ethereum’s price has been preparing for a significant upward move over the past year. As one of the largest altcoins, with a fully diluted market cap of about $407 billion and a daily trading volume of $26 billion, Ethereum has been forming an inverted head and shoulders (H&S) pattern. This setup is supported by a strong level at around $2,923, indicating a potential price breakout soon.With a major resistance level near $4,060, Ethereum is aiming for a new all-time high, helped by growing institutional interest. Additionally, renewed attention from U.S. spot Ether ETFs has contributed to reducing Ether’s circulating supply, boosting the bullish outlook. https://twitter.com/ali_charts/status/1880101992510435718?s=46Ethereum’s DominanceEthereum continues to lead the Web3 space, attracting top developers due to its vast ecosystem and strong support from well-known investors. Co-founded by vitalik buterin vitalik buterin Vitalik Buterin is a professional programmer and Co-Founder of Ethereum. Buterin, along with Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di, launched Ethereum in 2014. He co-created Ethereum when he understood that he could construct a new, possibly enhanced version by iterating on the Bitcoin blockchain. He has been involved in the Bitcoin community since 2011, writing and co-founding articles for Bitcoin magazine. Details: Organization: EthereumLocation: CanadaEducation: Vitalik graduated from the University of Waterloo (2012–2014)Skills: Computer programming and writing Awards: Honored with the Thiel Fellowship Award in 2014.Won the World Technology Network prize.Fortune's 40 under 40 list and appeared on the Under 30 list of Forbes at the age of 23 Experience: He has been the founder of Ethereum from November 2013 to the present.Buterin has contributed as a developer to other open-source software projects. He also contributed to DarkWallet.Buterin has been involved in various initiatives to improve blockchain technology and its applications. FAQ 1. Who is Vitalik Buterin?One of the most well-known figures in the cryptocurrency space is Vitalik Buterin, who co-founded Ethereum, one of the biggest and most significant blockchain systems.2. What is the net worth of Vitalik?Vitalik's net worth is 32 billion dollars, according to Forbes. 3. What does Vitalik Buterin invest in?Vitalik Buterin has made numerous investments in companies like Varro Life Sciences, Polymarket, and RISE (Singapore) within the healthcare technology systems, information services (B2C), and financial software industries. [email protected] EntrepreneurCrypto and Blockchain Expert Ethereum has grown into a thriving Web3 network, with a total value locked (TVL) of $67 billion and a stablecoin market cap of $114 billion.The Pectra UpgradeLooking ahead, Ethereum’s core developers are planning the Pectra upgrade, which is expected to be completed by the end of Q1 2025. The upgrade aims to enhance both the execution and consensus layers of Ethereum to support future growth.A key feature of the Pectra upgrade is EIP-7702, which will allow regular wallets to temporarily function as smart contracts during transactions, improving security. Another important change is EIP-7251, which will increase the staking limit for validators from 32 ETH to 2048 ETH, making Ethereum’s network stronger and encouraging more participation.Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions.