DeFi Education • 1398 implied HN points • 28 Feb 24
- Ethereum is becoming popular because it offers ways to earn returns, like staking, and has a strong ecosystem for different financial activities. This makes it attractive to big investors.
- There are signs that more institutional money will flow into crypto, particularly through products like ETFs, which could drive up the value of Ethereum even more.
- Many Ethereum holders are likely to keep their investments locked up in various platforms, reducing the amount available for sale. This could lead to price increases as demand grows.