Ethereum Prognose: Vorübergehende Schwäche und Chance?
It’s not without reason that Ethereum is one of the most important cryptocurrencies in the world. The current number two ranking in the crypto world is mainly due to its decentralized financial applications.
Here, so-called “smart contracts” are the focus of commercial interests. “Automated” contracts eliminate the need for a central authority and increasingly exclude banks from financial cycles.
Course correction ahead of next rally
Given this innovation, it’s no surprise that the Ethereum network is considered future-proof. Despite this, its cryptocurrency Ethereum There has been a recent burglary About ten percent. Now investors are worried about further price declines.
In view of the upcoming Donald Trump takes office In the United States, many investors had hoped that things would only go up from here. But the rebound came as expected, after all pullbacks are part of the high volatility of cryptocurrencies.
Additionally, Ethereum whales caused a commotion, seemingly losing patience, selling off some of their positions, and even accepting losses. It’s great, after all, that the future of cryptocurrency seems bright, at least on paper.
Expected price increase
Finally, just like Bitcoin, Ethereum could point to the first approved spot ETF, which should ensure greater penetration of Ethereum into the market. U.S. Securities and Exchange Commission (SEC) chairman and former staunch opponent Gary Gensler has resigned as Donald Trump looks to do whatever he can to strengthen cryptocurrencies in the United States.
Still, Ethereum is showing weakness and is nowhere near its all-time highs. With the approval of the first ETH spot ETF, the price briefly rose above the $4,000 mark, but things have gone downhill since then.
Just a week ago, Ethereum was once again on the rise, but it was short-lived. But this development was also observed when the first Bitcoin spot ETFs were approved.
The market has anticipated the expected price increase and will take some time to analyze further developments and react. This is obviously no different than Ethereum.
New impetus after Trump’s inauguration?
Regardless, Ethereum history shows that ETH typically performs bullishly in January of the year. Given this history, it wouldn’t be surprising if the coin rallies again over the next two weeks.
Regardless, many analysts are optimistic that the cryptocurrency market, as well as Ethereum, will surge again as the first deregulatory measures of the new U.S. administration are implemented.
AlternativeSolaxy
However, if you are an investor looking for alternatives to Ethereum, you can take a look at the new Meme-Coin Solaxy throw($SOLX). The pre-sale is currently being completed on Ethereum, but due to its technical design it forms a bridge to the Solana blockchain.
As a multi-chain coin, it uses low cost and speed to create the best of both worlds for itself. The fact that €10 million has flowed into the new project in a very short period of time proves that investors believe in Solaxy’s idea.
With the price of 1 Solaxy ($SOLX) at just $0.0016, the coin is still cheap, but things could change drastically once the coin becomes available for purchase on one of the cryptocurrency exchanges.
All information about Solaxy ($SOLX) can be found on the corresponding page X and telegraph.