Ethereum is showing signs of a major comeback after years of underperformance.
Fueled by strong ETF inflows and improving market sentiment, ETH has surged over 20% in just a week, reigniting optimism among traders and long-time holders.
Community confidence is back, with nearly 90% of ETH holders turning bullish, according to CoinGecko. Analysts like Cas Abbé expect Ethereum dominance to rise in the coming months, while Arthur Hayes says ETH has reawakened after being sidelined for years.
Price targets now range between $10,000 and $15,000 for this cycle, based on historical patterns and technical breakouts. However, traders warn that Ethereum’s gains often come with steep corrections, making risk management key.
Once criticized for stagnating below $2,000 and trailing behind rivals like Solana, Ethereum now benefits from surging institutional interest and recent upgrades like Pectra. With momentum back on its side, ETH may finally be ready to reclaim its spot as crypto’s leading smart contract platform.
Source: https://coindoo.com/after-years-in-the-shadows-ethereum-eyes-a-massive-comeback/