Despite the recent pause in the price of Ether (ETH), analysts are still upbeat about the medium- to long-term prospects of the cryptocurrency. This is a result of two important deflationary tailwinds that are projected to drive significant price upside in the upcoming years, as well as macroeconomic dynamics moving in favour of blue-chip cryptocurrencies. The increase in Ethereum network fees, the ability to withdraw unstaked ETH tokens more quickly, and planned Ethereum blockchain updates are some of these positive factors. During the future crypto bull market, Ether might surpass Bitcoin due to these positive factors.
Ethereum (ETH) Price Set to Roar as These Two Key Deflationary Tailwinds Pick Up