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Coin Edition 2024-12-26 14:04:00

Ethereum Eyes a Potential Parabolic Rally in 2025 with $15K-$25K Target

Ethereum Eyes a Potential Parabolic Rally in 2025 with $15K-$25K Target

ETF inflows, exchange outflows, and user sentiment behind ETH’s bullish momentum. Analysts set a $15K-$25K target for Ethereum in 2025. Ethereum surged 74% within six weeks in the last quarter of 2024. Ethereum (ETH) is set to witness a parabolic rally in 2025 with a surge in ETF inflows, heightened user sentiment, and notable outflows from centralized exchanges. Several crypto analysts stated that the flagship altcoin could rally between $15,000 and $25,000 in the coming months amid increasing demand. Despite its recent demand, the price has not achieved its momentum. However, crypto watchers believe there is a momentum build-up that would reflect at an appropriate time. Data from SosoValue show that spot ETH ETFs experienced significant demand in the past few days. As of December 2024, the spot ETH ETF recorded a total inflow of $2.51 billion. Notably, on December 24 alone, the daily inflow claimed $53 million of the total value, marking a growing market optimism for the crypto. At the same time, the ETH outflows from exchanges are on the rise, suggesting an ongoing accumulation by large-scale investors. Read also : Bitcoin and Ethereum Price Corr… The post Ethereum Eyes a Potential Parabolic Rally in 2025 with $15K-$25K Target appeared first on Coin Edition .

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