Analysts Predict Ethereum Unlikely to Hit $10,000 This Cycle

The Ethereum price is not expected to reach $10,000 in this bull cycle. According to Token Metrics, while $5,000–$7,000 is possible, $10,000 is seen as a far-out possibility under only the most favorable conditions.

Core figures like Vitalik Buterin remain focused on network upgrades instead of price predictions. Major players and analysts emphasize ongoing improvements and scalability over speculative targets within this market cycle.

Institutional demand significantly boosts Ethereum’s credibility, yet no official bodies actively support a $10,000 valuation this cycle. Experts anticipate better network scalability and increased adoption following major upgrades like Pectra.

Major institutions recognize Ethereum as an investable asset, reinforcing its market position. However, SanimentFeed suggests strong network activity but not a singular price driver towards the $10,000 mark under present conditions.

Ethereum’s previous bull market in 2021 peaked near $4,800, indicating similar speculative targets were missed. Analysts suggest that reaching the $10,000 figure demands conditions not presently observed, comparing past market trends.

The potential for ETH to touch $10,000 will hinge on several factors, including regulatory outlook, macroeconomic stability, and network performance. Key market voices advise caution, favoring adoption over price speculation as the primary driver.