#Ethereum could rise to $12,000.#

Ethereum could reach $12,000 this year, according to Dr. Sean Dawson, Head of Research at Derive. He believes that Ethereum's Pectra upgrade, President Trump's first year in office support for cryptocurrencies, wider adoption, and increased ETF absorption will all drive the price of Ether higher. The Pectra upgrade refers to a major update to the Ethereum network that will improve its efficiency and scalability, potentially attracting more users and investors. President Trump's support for cryptocurrencies could also bring more attention and investment to Ethereum. Wider adoption refers to the increasing number of businesses and individuals using the Ethereum network, which will increase demand for Ether. Increased ETF absorption refers to the growing number of institutional investors investing in Ethereum, which will further drive the price of Ether higher. In conclusion, Dr. Dawson believes that Ethereum's future is bright and its price is poised to reach $12,000 this year.