While Bitcoin (BTC) continues its bullish momentum, Ethereum (ETH) has struggled to break past the $3,800 resistance level in the past month. However, Sandeep Nailwal, cofounder of Polygon, remains highly optimistic about ETH’s near-term price movement.
Bold Prediction for Ethereum’s Future
In a recent post on X (formerly Twitter), Nailwal dismissed bearish market sentiment, predicting that a massive Ethereum price surge is imminent. He believes this rally will be so dramatic that it will “absolutely melt faces.”
His confidence in Ethereum’s growth is rooted in the strength of its Layer 2 (L2) ecosystem, which has seen increased adoption and strategic partnerships, including Polygon’s collaboration with Reliance Jio.
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