Ethereum (ETH) is approaching its all-time high, $ 1448 which was recorded in 2018. At the same time, this is the time that altcoin investors who buy when the market is down, are waiting for the next surge.
However, based on the newly released December ETH option contract, the asset has the potential to reach $ 10,000 per coin by the end of this year.
This is based on the Ethereum feature which plays an important role as a strong structure for some important projects in the crypto sector. Most of the DeFi tokens that are famous today, exist because they are built using Ethereum technology.
Although Ethereum is seen as more aggressive, jumping higher than Bitcoin, there is no denying that most investors are disappointed with the increasing ETH transaction charges.
If anyone asks if ETH will continue to record price increases by 5 digits, the answer is MAYBE.
Starting with $ 1,000 increasing to $ 10,000 in a year sounds impossible as the same thing happened to Satoshi Nakamoto's assets in 2017.
At the same time, based on the current chart, Ethereum needs over 1000% to reach $ 10,000.
Some may doubt the capabilities of this asset. Just look at its record in 2020 during Black Thursday, ETH has jumped by more than 1000% from its lowest level until the close of December.
