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CryptoQuant: The price of ETH may break through $5000 due to increased demand and on-chain activity
Odaily Planet Daily News Analysts at CryptoQuant suggest that if the current supply and demand trends and investor interest continue to rise, the price of Ethereum (ETH) could surpass $5,000. They added that on-chain activities of Ethereum have increased, daily transactions and dApp usage have driven up network fees, and the rise in supply has been slowed down due to the increase in ETH burning. (TheBlock)