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Ethereum long-term holders can be nothing but frustrated with the ETH price action in recent months. While Bitcoin was breaking its ATH multiple times in 2024 and then again in January this year at $109k, Ethereum was trading well below its ATH from 2021.
This is why many crypto analysts, funds and global financial institutions are losing hope Ethereum will have its run in this bull cycle.
Meanwhile, ChowWow's presale is heating up meaning the $CHOW token is well-positioned to be the next big crypto on Solana.
The crypto community seems split on where ETH might go next year. Most big players aren't expecting anything too crazy. Galaxy Research thinks we'll see ETH at $5,500 by the end of 2025. VanEck, who just launched their ETH ETF, is a bit more optimistic and thinks $6,000 is possible. Bitwise, sitting on a massive pile of 85,000 ETH, sees $7,000 as achievable.
But not everyone's so bullish. Investing Haven sees ETH bouncing between $2,670 and $5,990, probably averaging around $4,330 throughout the year. Kadan Stadelmann's take is even more down-to-earth – he's thinking ETH might drop as low as $2,200 but probably won't go higher than $3,000. Michaël van de Poppe agrees, seeing ETH mostly hanging around the $3,000 mark.
Things have been pretty quiet on the Ethereum network lately. The numbers tell an interesting story – ETH isn't being burned as fast as before, which means inflation has crept up to 0.72%. In real terms, that's about 16,805 new ETH hitting the market every week.
The network's still busy with regular ETH transfers and token swaps eating up most of the gas fees. But some interesting changes are happening. Tether's not as active as it used to be, only burning around 71 ETH every day now. Those blob fees everyone was excited about? They're down too, burning 54 ETH daily instead of the 65 we saw not long ago. If nothing changes, we're looking at over 937,000 new ETH being created in the next year.
Let's face it – Solana has been the real star of this bull run. While Ethereum's been struggling to find its footing, Solana's been crushing it with better on-chain metrics and impressive trading volumes. This momentum has created the perfect launching pad for new cryptos on Solana, and that's where ChowWow comes in.
ChowWow is doing something interesting in the meme coin space on Solana. Sure, it's got the cute Chow Chow dog theme going, but there's more to it than just that. They've got a total supply of 888,777,000 $CHOW tokens, and they've thought carefully about how to spread them around – 50% for presale, some for staking rewards, and plenty set aside for marketing and gaming.
What makes ChowWow stand out is its Digital Kingdom concept. Think of it as a virtual playground where you can raise and train your own digital Chow Chow. But it's not just about playing with virtual pets – there's real money to be made here. Players can earn rewards by completing challenges, and if you're more of a hands-off investor, you can stake your $CHOW tokens to earn passive income.
They've also got this clever weekly meme competition running right now. The prize? $1,000 in USDT. Here's how it works: you create original ChowWow memes, post them on X , and make sure to tag ChowWow's account. You can even tag other dog coins like BONK or SHIBA INU to get more eyes on your work. The best part? The community gets to vote for their favorites in the Telegram channel.
The rules are pretty straightforward – no bots, no copying other people's work, and no professional contest hunters. They're looking for genuine engagement from real community members.
Right now, you can grab $CHOW tokens in the presale for $0.008 each. When it hits the market, they're expecting the price to launch at $0.028.
Ethereum's cautious outlook contrasts with the excitement around new projects like ChowWow on Solana, showing just how quickly things can change in the crypto world.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
