DeFi researcher Sean Dawson forecasts a significant rise in Ether's value by 2025, assuming successful Pectra upgrade and supportive regulatory conditions.
Pectra Upgrade and Regulatory Optimism
Dr. Sean Dawson from Derive shared expectations that Ethereum's success will depend on the anticipated Pectra upgrade and a favorable regulatory environment. The upgrade is set to improve Ethereum's efficiency and scalability, attracting institutional and retail investments. Dawson also noted Ethereum's growing role in AI applications.
Bullish Options Market for Ether
A bullish trend is observed on Derive.xyz with call options significantly outweighing puts, indicating strong confidence in positive price movement among traders. However, Dawson warns of potential risks such as declining institutional interest or competition from other blockchains.
Long-term Confidence in Ether
Data from IntoTheBlock indicates rising long-term holder confidence in Ether, with the percentage of investors holding assets for over a year increasing from 59% in January 2024 to 75% by December. This contrasts with Bitcoin, which saw a reduction in its percentage of long-term holders over the same period.
Ether's success by 2025 may be secured with the successful implementation of the Pectra upgrade and strengthening investor sentiment, although risks may impact the cryptocurrency's future.