Analysis of the current Ethereum market situation indicates a potential path to a price of $7,000, attracting interest from analysts and investors.
Current Price and Forecasts
Ethereum is currently trading at $3,600, and some analysts believe that reaching $7,000 is becoming increasingly realistic.
Role of GENIUS Act in ETH Growth
Ari10 CEO Mateusz Kara emphasizes that the recent rise in ETH may be linked to the passing of the GENIUS Act, which he argues could dramatically boost the value of blockchains that support regulated digital assets.
Institutional Interest and Stablecoins
According to a recent report from Coinbase, institutional interest in Ethereum is increasing. Companies are increasingly locking ETH into staking and DeFi protocols, signaling a shift from short-term speculation to strategic allocation.
Thus, the growth of Ethereum may be supported by both institutional investor interest and initiatives such as the GENIUS Act, making this asset attractive for long-term investment.
