Ethereum Fundamentals: Poised for $5K? (Sep 23, 2025)
This fundamental analysis provides an assessment of the Ethereum (ETH) network as of September 23, 2025, concentrating on the market impact of potential Exchange-Traded Fund (ETF) approvals, critical on-chain metrics, and the benefits of planned network upgrades. While Ethereum is currently trading around the $4,214 level and facing certain short-term market pressures, its overall fundamental position suggests a strong upside potential, possibly setting the stage for a push towards the $5,000 milestone. We examine whether current trends support this ambitious price target.