
Four Possible Bullish Catalysts for Ethereum This Year, According to CryptoQuant CEO Ki Young Ju
Ethereum (ETH) has a flurry of potentially bullish catalysts this year, according to Ki Young Ju, the chief executive of the digital asset analytics platform CryptoQuant. Young Ju notes on the social media platform X that there is no significant sell pressure following last week’s record-shattering Bybit hack.
“On-chain and market data remain neutral. Exchange selling takes time, and OTC (over-the-counter) offloads barely affect the price.” The CryptoQuant CEO points out that Ethereum currently holds 56% of the stablecoin market cap.
“With Trump easing crypto regs, more firms may use ETH-based stablecoins and smart contracts in 2025.” He also says it’s bullish that ETH already has approved and active spot exchange-traded funds (ETFs) in the US.
“Regulatory tailwinds could trigger a ‘Large Cap ETF altseason,’ boosting ETH this year.” Lastly, Young Ju notes that whales have been accumulating Ethereum, another potentially bullish sign.
“10,000–100,000 ETH wallet balances are up 24% over the past year, mainly from wallets under 1,000 ETH. The current price is nearing the cost basis of accumulating addresses.”
Source: Ki Young Ju/X
Ethereum is trading at $2,424 at the time of writing. The second-largest crypto asset by market cap is down nearly 9% in the past 24 hours and nearly 8% in the past seven days.
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