2025 will be the year of Ethereum; Forecast reveals historic breakout to $10

2025 will be the year of Ethereum ? A very bullish prediction has revealed a potential historic breakout for ETH to a whopping $10. According to cryptocurrency expert EXCAVO on TradingView, Ethereum is approaching a historic price reversal.

“We are approaching the historic reversal for Ethereum. I have been waiting for this zone for a long time, and we are already here,” the analyst wrote while sharing the cryptocurrency chart on which he based his prediction.

“Now, let’s turn on the logic. Many financial institutions and banks did not buy this amount of Bitcoin at a low price and now, looking at reality, they realize that they will not miss this chance with the world’s number two cryptocurrency. Calling Ethereum the number one cryptocurrency in the future and making irrefutable arguments about the most excellent technology in a larger ecosystem and others.”

In this sense, based on this logic, the analyst highlighted a potential unprecedented influx of money into Ethereum and “the entire ecosystem will fly up, all the L2 solutions and all those projects that have emerged in the last 2 years in the Ethereum ecosystem that have not shown any results and have disappointed the crypto community. When most went into super-tech projects, memcoins performed.”

For the analyst, to a greater extent, this ecosystem will be inflated by retail funds and small ones based on the above logic, large market participants will recruit and already accumulate the ecosystem’s primary cryptocurrency, Ethereum. “That’s why we can see the coveted 10k per coin by 2025.”

At the time of publication, Ethereum’s price was trading at $3.460,14, up 5.0% in the last 24 hours. If it hits the target price, ETH would set a new all-time high, taking its entire ecosystem to new heights. The highest price paid for Ethereum (ETH) was $4.878,26, which was recorded on November 10, 2021 (approximately 3 years ago). In comparison, the current price is 29,14% lower than its all-time high.

Ethereum Could Overtake Bitcoin by 2025, Says Benjamin Cowen Analysis

According to analysis by cryptocurrency strategist Benjamin Cowen, the Ethereum (ETH) is about to start an upward movement against Bitcoin (BTC) . With over 848.000 followers on YouTube, Cowen shares valuable insights suggesting that the ETH/BTC ratio will reach a crucial turning point in early 2025.

As noted by Cowen, there is a historical pattern where the ETH/BTC pair tends to bottom in the months of December and January. Looking at previous market cycles, Cowen highlights that 2025 promises to be a favorable year for ETH in terms of quarterly returns.