Remittix (RTX) price keeps aiming for the $2000 mark

As the crypto market rebound continues, the Ethereum price keeps aiming for the $2000 mark. The positive movement in the ETH price has

As the crypto market continues to recover from the 2024 lows, investors are optimistic that a comeback could be imminent for Ethereum.

As the ETH price keeps aiming for the $2,000 mark, and given the over 20% month-on-month (MOM) growth at current levels, the anticipated comeback may not be big enough to push ETH to its December 2024 high of over $4,000.

For instance, Changelly predicts that the highest possible ETH price for 2025 could be around $2,900, which is about a 50% increase from its current price.

However, a 50% increase in the ETH price would require a significant boost in the altcoin’s demand, especially at a time when some experts believe that the Ethereum project could die soon and competitors like Solana and Cardano are attracting more decentralized application (dApp) developers.

While the chances of the Ethereum project dying seem slim, the slow growth in the ETH price movement calls for caution.

At current levels, investors can expect the ETH price to hit $2,000 by mid-year 2025, setting the stage for a potential rally towards the $3,000 mark by the end of 2025.

However, to reach Changelly’s price prediction of $2,900, ETH will need to overcome the $2,500 resistance level and sustain gains above $3,000 for an extended period.

The post Ethereum price could hit $2.9K in 2025 as demand soars for new PayFi token appeared first on Chain Link.

The post Ethereum price could hit $2.9K in 2025 as demand soars for new PayFi token appeared first on Chain Link.