Analysts Predict Ethereum Price Could Reach $20,000-$25,000 in 2023 Due to Scaling Solutions and Mainstream Adoption
• Two crypto analysts predict Ethereum (ETH) will reach $20k-$25k this year due to increasing layer-2 solutions and onboarding of new users
• Layer-2 scaling solutions integrated into Ethereum make it hard for rival blockchains to compete in 2023
• Gaming, corporate, social, and hundreds of other layer-2s will use ETH as their base currency
• Analyst "DeFi Dad" cites Ethereum's layer-2 funnel as a bullish reason for his $20k-$25k ETH price forecast
• Standard Chartered Bank predicts US SEC will approve a spot Ethereum ETF in May 2023, which could further boost price