It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will be easy to get ATH because ETH has great power in crypto. I see it's just a matter of time before ETH can experience a second, third, fourth or so on. This potential is supported by ETH market conditions that continue to increase even though sometimes they experience corrections but ETH is not easy to dump, the ETH market can be said to be stable in its current position
ETH has high potential because it has solid dev team and they are really accomplishing things according to their plan. Though some plans are delayed but they really do deliver. Besides, this platform is headed by Buterin, who is very well-known among crypto community. They set a game changer in this industry and they are still continuously innovating their services to cater what is best for this market. So even if we say the gas fees are quite expensive today, you have high chance that they will address this concern, and once they resolve this issue, high likely that the price will further increase. It is like only a matter of time before we see it rising again, this is why a lot of people are still trusting this network despite of its competitors.
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.