The week was dominated, in terms of press and insights, by Bitcoin, which with its return close to the maximums has put Ethereum a bit in the shade.
However, even the second blockchain protocol in the world by market capitalization has given very satisfactory performances for investors - and the many endorsements also arrived from the finance that matters could open to a bull run ahead of its time.
The $ETH moment is very good - and represents an ideal window to evaluate the investment. We can invest in $ETH with eToro (go here to get the virtual account with all the best investment features) - an intermediary who offers it in one of its CopyPortfolios also in combination with Bitcoin.
Mark Cuban and Barry Sternlicht: heavy endorsements arrive for Ethereum
Ethereum is perhaps the protocol that has most clearly demonstrated its strength in recent weeks. We're not just talking about price movements - these are slightly lagging behind Bitcoin's big weekly performance. By show of strength we also mean the resistance to the many projects that aim to oust it from the nerve center of decentralized finance - such as Solana - which has been one of the fittest in recent weeks.
A strength that was also clear in the recent utterances of two great investors: on the one hand, Mark Cuban indicated ETH as the best project to invest in today, even above his beloved Dogecoin.
On the other hand, we had the public admission of Barry Sternlicht - who together with Bitcoin has included Ethereum in his portfolio against inflation. Two endorsements of a certain depth, which are an unequivocal sign of the fact that Ethereum is now very popular even in the upper echelons of finance.
Watch out for the NFT market - which is ready to go full steam ahead
The NFT sector also plays a fundamental role in the price changes in the coming weeks. After the announcement of a new series of auctions by Sotheby's, the sector could experience a new moment of great rush, also reflecting on the price of ETH, which remains the most relevant blockchain for this specific market.
We also saw it with the Shiboshi case on the Shiba Token network, which was so successful that the cost of network transactions was brought back to very high levels. A situation that is also ready to explode and bring Ethereum back to its all-time highs, even ahead of our Ethereum forecasts.
With the continuous buss going on Ethereum, I certainly believe it has potential to hit even beyond $4k soon.
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