#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 Donald Trump's support for cryptocurrencies in his first year in office, and increased adoption and ETF absorption will all drive the price of Ethereum higher. The Pectra upgrade is a major update to the Ethereum network designed to improve its performance and scalability, which will attract more users and developers, thereby driving demand for Ethereum. Additionally, President Trump's positive stance on cryptocurrencies has created a favorable environment for Ethereum's growth. Increased adoption and ETF absorption mean that more institutional investors will enter the cryptocurrency market, which will further drive the price of Ethereum higher.