[ptrikha21]

Despite the recent uptick in many Cryptos - BTC as well as Altcoins, Ether has lagged a bit.
It has lagged behind Solana (SOL) and Bitcoin (BTC).
However, Chris Burniske, a partner at Placeholder has shared a positive outlook for Ethereum [ETH] despite its current challenges.
As per him, factors like being a Decade Long, acquired experience, solid foundation tech and business wise, deep liquidity would stand in favor of Ether.
Burniske has urged the Ethereum community to learn and solidify Ether as the centre of the next IFS (Internet Finance System) in the next five years.

Some analysts are still predicting a cautious stance.
So the positive outlook for Ether is 3.5 to 4 K but the Bearish ones are at 2.5 to 2.7 K.

So well, let us keep our fingers crossed and see as to what happens.


News Link :

https://ambcrypto.com/why-this-crypto-vc-is-bullish-on-ethereum-despite-eth-trailing-solana-bitcoin/

[Fergal]

Thanks ptrikha21, it will be interesting to see where the price of Ether goes in the future and how it compares against Bitcoin. Ether may have seen a short lived boost in popularity back when NFTs had their moment of glory.

[Tendz]

For me too, it would be interesting to watch how ETH responds to these challenges and opportunities in the coming months.

[ptrikha21]

Thanks ptrikha21, it will be interesting to see where the price of Ether goes in the future and how it compares against Bitcoin. Ether may have seen a short lived boost in popularity back when NFTs had their moment of glory.

That was some 3 to 4 years back. Ether has some advantage and use cases in Smart Contracts which could appear attractive to Enterprises.
However, looks like Speculative aspects are stronger in Crypto Market than in the Standard Shares and Mutual Funds Market.

-- 23 Nov 2024, 19:27 --

For me too, it would be interesting to watch how ETH responds to these challenges and opportunities in the coming months.

Recently, Ether has shown a rise after sluggishness over a long period of time.
Let us see how it moves on from here.