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Is $3,000 Within Reach for Ethereum in June?

From fool.com

Investors love a round number, and the $3,000 mark is looming just above Ethereum's (ETH 2.87%) current price near $2,540. Yet the real story is less about the coin's short-term price movement and more about whether May's big upgrade called Pectra has finally begun to solve Ethereum's perennial problems of high gas fees and sluggish throughput. If that fix sticks and institutions keep pouring fresh dollars into the blockchain, the token's next leg higher could have staying power and start to restore some real and enduring confidence among investors. In short, the question is whether a cheaper, faster Ethereum can ... (full story)

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  • Category: Fundamental Analysis