Ether could be heading for $10,500 says Fundstrat Global Advisors

Ethereum May Surge Sevenfold to $10,500

World's one of the most popular and second largest cryptocurrency, could climb more than sevenfold to $10,500 after reaching a record high of $1440 this week, according to Fundstrat Global Advisors LLC in a report published by Bloomberg on Wednesday.

Fundstrat Global Strategist David Grider’s price prediction is based on the popularity of the Ethereum blockchain for DeFi applications. ETH 2.0 network upgrade has also made progress and it would allow to process a similar number of transactions as Mastercard Inc. and Visa Inc. in coming future. #Ethereum #ETH #EtherPricePrediction