Ethereum demonstrates a short-term pullback after reaching new highs, but investor interest in both Ethereum and new altcoins remains strong.
Ethereum Price Fundamentals
Ethereum's price is currently around $4,638 after a 3% dip in the last 24 hours. Institutional interest remains high, as evidenced by BitMine's expansion of its treasury by over 190,000 ETH in just one week. Analysts project a potential surge towards $5,000 in the coming days, supported by technical factors such as smart contract adoption and DeFi growth.
Ethena (ENA) Market: Growth Potential
Ethena (ENA) is experiencing rapid growth as investors react to Federal Reserve interest rate cuts. Its Total Value Locked has reached $12.025 billion, and experts see massive growth potential guided by solid technical indicators.
Remittix: A Utility Crypto with Adoption-Driven Upside
Remittix (RTX) attracts attention for its focus on real-world applications and infrastructure growth, having sold over 620 million tokens. Its platform supports transactions in over 30 countries, presenting a practical alternative for freelancers and remitters.
Ethereum's price prediction remains bullish due to institutional accumulation and DeFi growth. Altcoins like ENA and RTX also present exciting opportunities for investors looking to diversify their portfolios.
