Monday was a tumultuous day for the cryptocurrency world. Although there have been no major developments that could derail the overall workings, some activity has occurred. On Monday, ETH experienced a significant price increase following the hype surrounding the ETP volume registration.
According to the data provided by CoinShares, investment products related to ETH are showing a slowdown. This resulted in an overall inflow of nearly $ 296 million US dollars. This is the strongest weekly gain of the blockchain since Trump was elected as President in 2024.
Where Could ETH Go In 2025?
At the time of writing, ETH is trading just above the $2,500 mark. Chief analyst Ryan Lee told Cointelegraph that the token is most likely to oscillate between the $2,400–$2,800 range. However, recent macroeconomic developments can create some challenges for the token.
Ryan agreed that all markers suggest the price of the token is most likely hovering near the $2,700 mark. However, this could trigger a major market sell-off. Therefore, it is challenging to predict where the token’s price could reach.
If the token does cascade and fall, there is a high chance that the price could rest at the $2,300 mark. All in all, the cost of the token could either grow or cascade under the $2,000 mark.
