#Ethereum could rise to $12,000.#

Ethereum could reach $12,000 this year, according to a prediction by Dr. Sean Dawson, Head of Research at Derive. He believes that Ethereum's Pectra upgrade, President Trump's support for cryptocurrencies in his first year in office, wider adoption, and increased ETF absorption will all drive the price of Ether higher. The Pectra upgrade is a major update to the Ethereum network designed to improve its efficiency and scalability, laying the foundation for Ethereum's future development. Additionally, President Trump's positive stance on cryptocurrencies in his first year in office has created a favorable policy environment for Ethereum's growth. Wider adoption means more businesses and individuals are starting to use Ethereum, which will further drive demand. Finally, increased ETF absorption means more institutional investors are starting to invest in Ethereum, which will provide strong support for the price of Ether. Taken together, these factors will drive the price of Ether to $12,000 this year.