 
 
Cryptocurrency influencer and content creator Daniel Borovik appears extremely bullish on Ether, forecasting $80,000 as an attainable price target for the altcoin. The analyst cited multiple fundamental factors poised to trigger a bullish upswing.
In an X post, the popular cryptocurrency personality Daniel outlined bullish indicators validating Ether’s potential to rise to never-before-seen levels at $80,000.
“Why ETH is going to $80,000; Institutions buying billions in ETH, Billions in ETF inflows, Genius Act = stablecoins (trillions), Large companies launching L2s, Stock market going on-chain and Vitalik still washes his clothes by hand.” He wrote.
Notably, institutional investments boost demand and could potentially drive the ETH price higher, while increased ETF inflows could strengthen liquidity and mainstream adoption.
Additionally, the Genius Act could facilitate the growth of stablecoin on Ethereum and further expand its ecosystem and utility, while large companies launching Layer 2 solutions could enhance Ethereum’s scalability and attract more users.
 
Conclusively, tokenized stocks on Ethereum could increase the network’s demand and relevance. At the same time, Borovik’s sarcastic assertions about Vitalik suggest that Ethereum’s cofounder’s humble leadership boosts community trust and indirectly supports ETH’s value.
Ethereum (ETH) continues trading in green despite broader market volatility
Sentiments amongst key players are largely bullish at this time, as Ether remains the best-performing altcoin within the top 10 category. Gains sustained over the last 7 days sit at 17.02%.
While the broader crypto market is exuding and a handful of leading altcoins are underperforming, Ether is trading in the green zone with 24-hour gains up by 1.48%. Prices have remained attractive with gains from the previous week, placing the second most valued asset at a press time price value of $4,233.
Market player Miles Deutscher, who appears bullish on ETH at this time, is predicting that an ongoing ETH rally will send funds back into BTC, which will then rotate back into ETH and other Altcoins.
Source: https://zycrypto.com/prominent-market-players-split-on-altcoin-season-arrival-see-the-most-bullish-and-bearish-claims/