Ethereum Poised for Major Gains in 2024 Due to Upgrades and Growing Adoption
• Ethereum is poised for gains in 2024 due to upgrades like Proof-of-Stake and layer 2 solutions coming to fruition after long development.
• Banks like JPMorgan predict Ethereum will outperform Bitcoin in 2024 due to upcoming upgrades to improve transactions.
• Crypto experts forecast Ethereum reaching new all-time highs in early 2024, possibly over $5,000.
• Ethereum faces competition from networks like Solana and Cardano but maintains dominance due to its ecosystem and layer 2 scaling solutions.
• Gradual institutional adoption of Ethereum for tokenizing assets and smart contracts is expected to boost its growth further.