Cryptocurrency market especially towards the end of March exhibited a very serious increase in performance.
Leading cryptocurrency Bitcoin (BTC) to $46,000 as you rise, Ethereum in (ETH) $3,500 tested it.
Despite this latest rise, ETH and BTC still lag far behind their individual records, and according to experts, the real rally has not started yet.
Davis: ETH Hits $10,000
World’s most followed cryptocurrency one of the analysts Lark Davis On the other hand, he thinks that $10,000 is very close for Ethereum.
Famous analyst Lark Davis explained the reason that will move the Ethereum price to $ 10,000 in his latest post and video.
Stating that 2022 will be the most important year for Ethereum, the analyst stated that the date is not yet certain and clear.
The situation that the analyst states as history is known as Ethereum Merge. With this update, Ethereum will be a Proof-of-Work-based network and a Proof-of-Stake-based network. When the transition to ETH 2.0 is completed, according to Davis, the price of ETH will rise above $ 10,000.
Davis also emphasizes that this will happen anyway and that $10,000 is “destiny”.
With the transition to PoS, mining will be completely over and this is expected to provide a more environmentally friendly alternative.
Of course, it is very important that Ethereum will change this at a time when Bitcoin is often criticized for mining. It is also known that this can have an effect on the price.