The post Experts Predict Ethereum and DTX Exchange to Hit New Highs by Jan 2025; Shibarium Achieves Major Milestone appeared on BitcoinEthereumNews.com.

With the new year just around the corner, experts are predicting new highs for Ethereum (ETH) and DTX Exchange by January 2025 as the cryptocurrency market prepares for a possible bull run. Ethereum (ETH) remains on an upward trajectory with future network updates. DTX Exchange is building anticipation with its upcoming hybrid trading platform and community backing. Analysts say Ethereum price could surge to $20k while DTX Exchange could reach $1. On the other hand, Shibarium, a layer-2 network for Shiba Inu, has processed 7 million blocks. Ethereum (ETH) Going To $20K By January 2025 In a recent tweet, Julien Bittel, the head of Macro Research at Global Macro Investor, forecasted the price of Ethereum (ETH) could increase to $20k by January 2025. This mark would be an all-time high for the altcoin. Presently, the Ethereum crypto price is trading above the $2,500 mark. It is consolidating between $2.2k and $2.8k on the monthly timeframe. The market cap of the cryptocurrency is around the $260-$320 billion mark. While Bittel is bullish about Ethereum price USD soaring to a new all-time high, a recent prediction by Polymarket revealed that the current odds of the alt coin reaching a new all-time high is 85%. Just 14% stake for a new peak outcome and less than 1% expected a new all-time high in the next five days. Shiba Inu (SHIB) Shibarium Hits New Milestone Shiba Inu’s (SHIB) layer-2 blockchain solution, Shibarium, is in the spotlight again because it has achieved another milestone. According to reports, the network has processed about 7 million blocks, while the total number of transactions is approaching 420 million. Other metrics also increased. Contracts rise from only two on September 23 to 16 on September 24, a surge of 700%. Presently, the Shiba Inu price is still trading above…

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Filed under: News - @ September 28, 2024 4:17 pm