Ethereum forecast lowered to $3,500 according to Morgan Stanley

As DTX Exchange gains momentum, ethereum price target drops to $3,500. Find out why DTX could be the largest altcoin in the ethereum ecosystem.

The Fed's interest rate cut has negatively affected the cryptocurrency market as major altcoins have corrected significantly. Due to the prolonged recession, Morgan Stanley experts revised ethereum's price target from $5,000 to $3,500 and advised diversifying into small-cap altcoins that lead specific sectors.

Meanwhile, a new ERC-20 coin, DTX Exchange (DTX), has seen a huge capital influx despite the correction. It is the first hybrid trading exchange that is expected to lead the foreign exchange sector in 2025 with its transformative features.

<h2 class="wp-block-heading" id="can-ethereum-price-form-a-new-ath”>Can ethereum form a new ATH?

ethereum price gained 46.11% in 2024, hitting a multi-year high of $4,106 in December. However, this high did not hold for long as the bears took control and lowered it below the base. While the price drop is negative news, the question now is whether ethereum price can reach a new all-time high.

The eth network demonstrated significant growth across multiple ecosystem metrics. Total eth staked increased by 17% and added 23.02 million new holders, bringing the total to 134.62 million. eth TVL increased to 65.79 billion; at the same time last year, it was only $30 billion. Additionally, eth ETFs have been a positive growth metric for the platform.

ethereum price has already reflected these developments, pushing it close to the ATH. In the short term, it is difficult for ethereum price to reach new territory, but it will likely surpass previous highs during market action in the coming months.

<h2 class="wp-block-heading" id="eth-et-fs-end-the-year-with-positive-inflow”>eth ETFs end the year with positive inflows

On December 31, the last day of 2024, US eth ETFs recorded a positive inflow of $36 million. While ethereum price has shown weakness in recent weeks, eth ETFs have continued the streak of positive inflows, bringing total AUM to $12.17 billion.

Only three major eth ETFs saw movement, while others saw no flows. Notably, the Fidelity FETH ETF recorded a positive inflow of $31.80 million, while the Grayscale eth ETF recorded an inflow of $9.80 million. The only eth ETF to experience an outflow was Grayscale's ethereum Trust (ETHE), with an outflow of $5.60 million.

DTX Exchange entered the seventh stage with a 600% return on investment

DTX Exchange is garnering the most attention among the cryptocurrency community due to its unique dedication to trading system innovation that goes beyond the traditional way of trading. It is made by combining the features of CEX and DEX in a unique format that uses a single platform architecture and advanced blockchain solutions.

Due to DTX Exchange's hybrid model, investor interest has grown exponentially in the seventh stage of the pre-sale. It has raised $11.2 million and early investors have already seen a 600% return on investment.

Innovative DTX Features:

• Launch pad for various assets: Availability of over 120,000 asset classes including cryptocurrencies, stocks, forex and CFDs.
• VIP Refund Program: Through various programs, community members can create passive income streams. VIP redemption programs share fee revenue with large token holders.

• Proprietary Blockchain: DTX Exchange has created its proprietary VulcanX blockchain to improve speed and scalability. This blockchain has broken previous records with 100,000 TPS.
• Innovative business tools: The DTX trading platform provides revolutionary features such as 1000x leverage, distributed liquidity pools, ai order execution and advanced analytical tools to increase traders' efficiency.

Conclusion

While ethereum may still spark a bullish rally, investors are flocking to the undervalued DTX pre-sale. Experts believe that DTX Exchange will be the biggest rival to established names like Binance and Uniswap and can grow 50-fold after launch.