Ethereum Has Enormous Potential to Reach $10,000 Milestone This Year – These Are The Reasons Why

Ethereum is currently trading at $3,240, grappling with bearish sentiment after a 0.7% daily drop and a 13.6% weekly decline.

Despite a slight downturn from the all-time highs, Ethereum has shown impressive resilience in the last year. This has kept investors excited about ETH, making it one of the most promising cryptocurrencies to watch for 2025.

Many factors can influence price predictions, but several key aspects are converging to support the possibility of ETH reaching $10,000 this year.

This development is also expected to have a positive impact on other promising crypto projects, presenting an opportunity for investors to diversify their portfolios with tokens like Wall Street Pepe ($WEPE), Solaxy ($SOLX), and Flockerz ($FLOCK).

Here's a closer look at these projects and the reasons behind their potential.

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Insiders Reveal: Ethereum Has Potential to Hit $10,000 This Year, Here's Why and How to Multiply Your Crypto Gains

Ethereum is currently trading at $3,240, with a 0.7% daily loss but a 13.6% weekly decline as bearish sentiment seems to be affecting the market.

However, strong support at $3,000 holds firm, with resistance at $3,500 and $4,000 posing challenges. Technical indicators include an RSI of 42.6 and a golden cross between the 50-day and 200-day EMAs, suggesting potential upward momentum, though caution is advised.

In the broader time frame, as the Pectra upgrade is set for Q1 2025, promising major enhancements like grouped transactions and wallet recovery to improve efficiency and usability, institutional adoption is also expected to increase, especially with Donald Trump's presidency likely boosting optimism.

Considering Ethereum's network dominance of over 56%, showcasing its leading role in blockchain innovation, breaking through key resistance levels could ignite sustained bullish momentum, aiming towards the ambitious target of $10,000 for ETH in 2024.

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Wall Street Pepe ($WEPE) Offers Small Traders a Chance To Secure Big Profits Through Their Exclusive VIP Groups

Among the promising presales on this list, Wall Street Pepe ($WEPE) stands out thanks to its enormous fundraising effort.

Currently, it has managed to raise over $47.4 million, which is quickly approaching the $50 million milestone. At this rate, it is set to sell out very soon.

The biggest reason for this early success is its exclusive insider groups. All token holders become a part of the “WEPE Token Army” where members share trading strategies, get alpha calls, and communicate with each other- creating a platform for mutual benefits.

Also, there are weekly competitions where users can get an additional $WEPE as a reward for their expertise. Those who don’t want to compete can get tokens at $0.00036647 each.

This project is also heavily endorsed by the famous crypto YouTuber ClayBro, who has made numerous videos highlighting its long-term potential.

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Solaxy ($SOLX) Is Led By Innovation With Its New Layer-2 Project Made For Solana’s Network – Massive Expansions On The Way

Solaxy ($SOLX) is the first Layer-2 solution for the Solana blockchain, aiming to expand its ecosystem and resolve its issues.

Thanks to another layer built on top of the mainnet, it allows for much greater scalability, reducing congestion, and increasing speed while also drastically lowering transaction fees.

This combination has made it a favorite among investors and it’s no surprise that it already passed $10 million in fundraising.

However, the perks don’t stop there as this project also incorporates multiple blockchain interoperability, meaning that users can also work with Ethereum and swap between these two networks with ease.

Additionally, those who choose to stake their tokens can get an impressive 343% APY rewards, making this a lucrative option.

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Flockerz ($FLOCK) Delivers Amazing Rewards Through Its Vote-to-Earn System – The Community Steers This Project’s Future

Unlike the other projects on this list, Flockerz ($FLOCK) takes a different approach by moving away from a top-down management model and empowering the community.

All investors are granted the right to vote on important project decisions, such as token burns and allocations. Through the FlockTopia, the project's decentralized autonomous organization (DAO), holders can cast their votes.

Furthermore, they receive $FLOCK rewards for their active participation, which adds to the appeal among investors.

Its massively successful presale is set to conclude in 8 days and with over $9.9 million raised, the $FLOCK token is poised to surge significantly upon launch.

This project has undergone audits by both CoinSult and SolidProof, ensuring safety and reliability for