ETHEREUM (
$ETH ) PRICE PREDICTION
As of October 23, 2024, the price of Ethereum (ETH) is around $2,620, reflecting a slight dip of about 1.2% in the past 24 hours. Over the past week, ETH has experienced a marginal gain of 0.2%. Ethereum continues to dominate the smart contract and decentralized applications (dApps) ecosystem, benefiting from its Proof-of-Stake (PoS) model, which has brought improvements in transaction speed and network scalability. The ongoing upgrades, like the "Pectra" and "Sharding," aim to further enhance Ethereum's performance.Price predictions for Ethereum in 2024 vary, with estimates ranging from $6,000 to $8,000 by the end of the year, depending on market conditions and Ethereum's network upgrades.
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