Ethereum: Why THIS analytics firm expects ETH to hit $6K in 2025
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently observed a significant price increase of 70% from its April lows. Experts at the crypto analytics firm Amberdata suggest that this could be just the beginning of a more extensive bullish trend with potential targets ranging between $3,500 and $6,000. The positive outlook is partly due to the anticipation of U.S. spot Ethereum Exchange Traded Funds (ETFs) with staking rewards being approved, which is expected to encourage institutional participation and improve market sentiment.