3 reasons why Ethereum price can hit $4K in April
From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum. Three market catalysts suggest that Ethereum's native token Ether (ETH) is well-positioned to reach $4,000 this month.Google searches for "Ethereum merge" spike Internet users' interest in Ethereum's upcoming network upgrade, dubbed "the Merge," surged substantially in the week ending April 2, Google Trends' data shows.Searches for the keyword "Ethereum Merge" reached a perfect Google Trends score of 100 on a 12-month timeframe with most traffic coming from the U.S., Singapore,....
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Ethereum has lost just over 80% of its value since reaching an all-time high in November 2021, but some market factors point towards it reaching $3,000 again. Let’s explore the reasons that it could become a reality and not just another hype phase that the crypto market has experienced so many times. Why Will Ethereum […]
The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the ETH rally is noteworthy because it comes merely two days after it dropped to $456. Within two days, from its lowest point on November 18, ETH has rallied by nearly 10%. Several key reasons appear […]
AXS and SLP price surged following the project’s successful migration to the Ronin sidechain on the Ethereum network. Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers to interact with the protocols. The challenge of high fees eventually led some projects like Axie Infinity (AXS) and Smooth Love Potion (SLP) to migrate to other....
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last week explaining three key reasons why ethereum is breaking out to new all-time highs. The first reason the firm’s analyst mentioned was “Increased institutional interest.” Ark Invest pointed out that a number of....
ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April. A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading.Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for Dapp users to interact with the Ethereum network. This is accomplished through the creation of human-readable Ethereum addresses that can be converted into the normal machine-readable alphanumeric codes.Data from Cointelegraph Markets Pro....