Ethereum is currently rising on the radar and is growing rapidly toward $ 4,000. The Growing Ethereum ETF MomentumIn combination with its solid infrastructural reputation, Ethereum helps to draw massive capital. In this wake, Ethereum now attracts significant activities from all sides and compelling experts to think about whether the token has a chance to surpass Bitcoin during the process.
Also read: Will Ethereum become the new Google? $ 8k Target Sparks Buzz
Can Ethereum beat bitcoin? Galaxy CEO thinks that
“I own both. Listen, ether has captured a lot. It feels like ETH is taking out 4,000, it goes to price discovery. And so we feel intended to at least turn on the 4,000 roof a few times. The story of ether is really powerful. And the market was really short.”
The Galaxy CEO also talked about the growing ETH story among the institutions and credited them as one of the largest harbings in this change.
“… and now we have not only one, we have two large ETH state companies and another to come, and they collect capital every day by buying ether. And there is not much selection of ETH. And so I think ETH probably has a chance to surpass Bitcoin in the next three to six months.”
Ethereum August forecast
“Crypto analysts expect that at the end of summer 2024, the ETH price will be about $ 3,753.26. In August 2025, the cost may drop to at least $ 3,231.65. The expected top value could be $ 4,274.87 in August 2025.“
Also read: Ethereum up 110% in 3 months: How likely is $ 4000 in July?
