Ethereum’s (ETH) rally has recently given rise to questions about how high it could go. With ETH currently trading around $2,880, the market optimism has surged due to the prospect of favourable regulatory policies under Donald Trump’s presidency. The pro-crypto policies could remove regulatory uncertainties, making Ethereum and similar assets more attractive to investors.
Additionally, the backing of high-profile investors like Trump himself, who reportedly holds over $1.4 million in ETH, adds credibility to the asset. This may attract more large-scale investors, who often bring substantial capital. With institutional and retail inflows continuing, ETH could aim for highs around $3,500 to $4,000 in the medium term.
Ethereum’s leading role as a blockchain, as well as its successful navigation of future regulatory landscapes, could lead to a run towards its all-time high of around $4,867.17.