#Ethereum could rise to $12,000.#

Ethereum could reach $12,000 this year, driven by a confluence of factors. Dr. Sean Dawson, Head of Research at Derive, believes that President Trump's first year in office and Ethereum's Pectra upgrade will be key drivers of the price increase. Additionally, wider cryptocurrency adoption and increased ETF absorption will also contribute to the rise in Ethereum's price. The Pectra upgrade is a major improvement to the Ethereum network, designed to enhance its efficiency and scalability, which will attract more users and developers to the Ethereum ecosystem. President Trump's support for cryptocurrencies also provides a positive signal for Ethereum's future development. As more institutional investors begin to invest in cryptocurrencies, ETF absorption will further drive the price of Ethereum upwards. Taken together, these factors will provide strong support for the price of Ethereum, making it likely to reach $12,000 this year.