Recently, I have been closely studying the market trends of Ethereum (ETH). Although the current price of $3500 seems unremarkable, it actually contains deeper market information.



From on-chain data, the activity level of the Ethereum network is steadily increasing. This indicates that user participation in the Ethereum ecosystem is on the rise, laying the foundation for future value growth. At the same time, the Ethereum Layer 2 (L2) scaling solution ecosystem is also thriving, which not only improves the network's scalability but also provides users with more application scenarios.

It is worth noting that institutional investors seem to be quietly positioning themselves in Ether. This influx of large capital may signal the potential for future price increases. As a pioneer of smart contract platforms, Ethereum is moving towards becoming a mainstream financial asset.

Based on the current market trends and developments, I personally believe that the price target of $7000 by the end of the year is not impossible. The current price fluctuations in the market can be viewed as a normal adjustment process, providing entry opportunities for long-term investors.

For visionary investors, now may be a relatively low-profile opportunity for allocation. As the Ethereum ecosystem continues to develop and improve, its intrinsic value is expected to be more fully realized in the future. Of course, investing always carries risks, and investors should make informed decisions based on their own risk tolerance.
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SpeakWithHatOnvip
· 21h ago
Wait, did you say 7000? Are you dreaming?
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BtcDailyResearchervip
· 08-07 14:53
Seven thousand dollars by the end of the year? Are you dreaming?
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SolidityNewbievip
· 08-07 14:37
What are you blowing? Are you ready to Be Played for Suckers?
View OriginalReply0
BlockchainDecodervip
· 08-07 14:32
The data indeed supports this view, referring to Messari's on-chain metrics analysis.
View OriginalReply0
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