Will Ethereum break the $ 500 barrier? This is my expectation!

• Price Ethereum Ethereum price at the time of publishing this article on Publish0x!

I think the next step is to break the $ 500 barrier!

(Of course, Ethereum price has not reached that number until now)

This is normal .. in light of what the cryptocurrency market is witnessing in general from a bullish wave.

I expect the rise to continue even beyond $ 500 .. because it is not a contrived rise .. it is the result of the boom and large expansion of the decentralized finance market (DeFi), which relies on Ethereum to pay transaction fees... It is enough to know that daily transactions on Ethereum have exceeded one million and 200 thousand transactions last August, which is a huge number compared to less than 500 thousand daily transactions before that!

Add to that speculative enthusiasts .. they buy when the price falls .. then it rises .. and when it reaches the fulfillment of their (supposed) ambitions, they sell and it falls again... The difference between the ups and downs is their profit .. and they repeat this constantly... Therefore, the price will remain volatile for a long time .. and the wave will remain in an uptrend. Nobody knows precisely how far it can reach!