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This analyst thinks EIP-1559 could send Ethereum past $1,000 in 2021 This analyst thinks EIP-1559 could send Ethereum past $1,000 in 2021

This analyst thinks EIP-1559 could send Ethereum past $1,000 in 2021

Ethereum has been seeing immense underlying strength as of late due to the progress towards the ETH 2 network upgrade, which is expected to help drive further development activity and usage to the platform.

This analyst thinks EIP-1559 could send Ethereum past $1,000 in 2021

Photo by malith d karunarathne on Unsplash

Ethereum has been seeing immense underlying strength as of late due to the progress towards the ETH 2 network upgrade, which is expected to help drive further development activity and usage to the platform.

Investors are already in the process of gearing up for the transition to 2, with tens of thousands of tokens already locked in the ETH 2 staking contract.

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