Citizens are optimistic about Ether reaching $10,000 as its supply decreases and institutional demand increases. Analysts note that the tightening supply of Ether is a significant factor driving this expectation. With more institutions showing interest in cryptocurrencies, the demand for Ether has surged, contributing to the bullish sentiment among investors. Additionally, the overall market trends suggest a growing acceptance of digital currencies, further enhancing the appeal of Ether. This combination of decreasing supply and rising institutional interest may position Ether for substantial price growth in the near future.
