As the current ‘bull’ run is concerned, it looks like one that can be attributed to the decentralized financing (DeFi). The price hitting four figures doesn’t have to depend on Defi. It’s all about more use - cases. If more projects with great and laudable potentials keep popping up, there will be a lot more demand for Eth. Thus. booming up of price. At this rate of DeFi, we will certainly see Etherium progressing more.
That's true! The price of ETH is increasing right now and it doesn't necessarily depend on DeFi hype! The price pumps of ETH right now all depends on itself. The upcoming event of launching ETH 2.0 has brought a lot of attraction and reputation. Almost everyone is talking about this event and they are buying ETH to hold. Obviously, the demand of people to buy ETH is increasing dramatically and I believe that it completely has the ability to reach 4 figure value next year!