The post Ethereum Bulls Target $10k Under President Trump As JetBolt Takes Spotlight appeared on BitcoinEthereumNews.com.

Ethereum (ETH), trading at $3,313.33, has become a focal point for bullish traders as talks of a pro-crypto administration under President-elect Donald Trump fuel market optimism. While reaching the ambitious $10k target may take time, Ethereum’s recent technological advancements signal its commitment to scalability and efficiency.  As Ethereum works toward its lofty goals, JetBolt (JBOLT) is rapidly capturing attention during its presale phase by selling a staggering 270 million tokens and counting. With its zero-gas transaction model and innovative SocialFi staking, JetBolt is redefining blockchain usability and engaging a growing community of crypto enthusiasts. Will Ethereum’s scalability upgrades help it achieve new milestones, or could JetBolt’s fresh approach take the spotlight in the crypto space? Let’s find out. Ethereum Bulls Target $10k Under President Trump Ethereum, currently trading at $3,313.33, faces ambitious targets as market optimism rises under a potentially pro-crypto administration. While a $10k price goal remains lofty, Ethereum’s scalability improvements and community-driven changes may play a crucial role in shaping its future trajectory.   A recent push to increase Ethereum’s block gas limit is gaining traction among validators, with 30% supporting a rise beyond the current 30 million units. Raising the gas limit could reduce transaction fees by up to 33% and accommodate more transactions per block, directly enhancing Ethereum’s ability to support high-demand decentralized applications (dApps).  Gas Limit Signaling Chart Posted on X by Toni Wahrstätter, Researcher at the Applied Research Group of the Ethereum Foundation  Vitalik Buterin has endorsed this approach, noting its alignment with Ethereum’s vision for improved scalability. However, concerns about security and stability persist, underscoring the need for balanced progress. The Pectra upgrade, expected in early 2025, is another significant development aimed at enhancing Ethereum’s scalability and transaction efficiency. This complements the network’s proof-of-stake model introduced with Serenity, reinforcing Ethereum’s role as a leader…

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Filed under: News - @ January 19, 2025 6:18 am