tldr; An analyst predicts Ether (ETH) is poised for significant growth due to three active ‘supply vacuums’: digital asset treasuries (DATs), spot Ether ETFs, and staking. DATs now hold 5.9 million ETH, ETFs have acquired 6.84 million ETH, and 35.7 million ETH is staked, collectively reducing liquid supply. Institutional demand and potential ETF staking approval could further drive prices, with predictions of $8,000–$10,000 this cycle. Ether’s supply has grown minimally since transitioning to proof-of-stake in 2022, contrasting with Bitcoin’s 4% increase in the same period.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Security_Raven on
Sorry… just 47 more mins and I’ll shut off my hoover! 😂👍
2 Comments
tldr; An analyst predicts Ether (ETH) is poised for significant growth due to three active ‘supply vacuums’: digital asset treasuries (DATs), spot Ether ETFs, and staking. DATs now hold 5.9 million ETH, ETFs have acquired 6.84 million ETH, and 35.7 million ETH is staked, collectively reducing liquid supply. Institutional demand and potential ETF staking approval could further drive prices, with predictions of $8,000–$10,000 this cycle. Ether’s supply has grown minimally since transitioning to proof-of-stake in 2022, contrasting with Bitcoin’s 4% increase in the same period.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Sorry… just 47 more mins and I’ll shut off my hoover! 😂👍
!tip 1