ETH to $20,000 in less than 9 months?

2021年2月16日

I don't know where ETH price will end up this cycle, but it's important to acknowledge the growth of DeFi and what it means for the underlying ETH price... for most of this cycle, the Ethereum network has been generating more daily network fees than BTC... with more unique addresses/wallets and overall network activity growth than BTC when it was at these current ETH price levels. I don't think anyone expected the first BTC bull run to take it from $1,000 to $20,000 in less than nine months but that is exactly what happened and I see ETH price today resembling the price patterns of BTC in 2017, but with objectively better network growth/adoption... could we see $1,000 to $20,000 in less than nine months for ETH?