April 20, 2024

After the launch of Ethereum 2.0, the ETH rate can reach $ 10,000

After the launch of Ethereum 2.0, the ETH rate can reach $ 10,000

While Ethereum (ETH) is still trading at $125, one cryptocurrency trader is convinced thatduring the next bull rally, the second cryptocurrency will rise to $ 10,000. To ensure the rapid growth of ethereum, the ETH blockchain can be updated to version 2.0.

Severe ETH trials over?

Ethereum has not been in better shape recently. Since falling from a historic high in early 2018, when the price of ETH reached $ 1,300, the cryptocurrency has experienced congestion on the part of CryptoKitties, while the price continued to decline, and then “gave birth” to its main competitors - Tron and EOS.

Recently there were reports that Ethereum intends tostop funding some of the development teams next year due to lack of funds. However, the long-awaited Istanbul hard fork was recently successfully carried out, and then Vitalik Buterin announced a plan to transition the network to Ethereum 2.0 without any problems.

Based on such encouraging information, one of the crypto traders on Twitter suggested that Ethereum would hit a staggering $ 10,000 price during the next bullish rally.

A crypto trader with the nickname @BTC_Macro is set up overpositively regarding the future of the second largest coin and states:

"You can hate Ethereum as much as you want, but during the next rally to increase it will cost 10 thousand dollars."

At the moment, the Ethereum community withlooking forward to the next major network update after the recently introduced Istanbul - Ethereum 2.0. Many believe that this will greatly improve the performance of the ETH blockchain, and hope that this will give a bullish momentum of ETH.

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