At the moment of writing this article, Ethereum is trading in the green, and the coin is up by about 7% in the past 24 hours.

Currently, ETH is trading at $323.24.

Ethereum’s Vitalik Buterin said that Ethereum 2.0 would definitely be launched this year.

He said that he does not believe that the rollout of Ethereum 2.0’s initial stage that’s called phase 0 should be delayed.

Can ETH reach all-time high?

It’s been just revealed that one of the most well-known Bitcoin whales that exist said that he’s doubting ETH will ever return to $1,450 – the highest high.

The online publication the Daily Hodl brings up Joe007 – the anonymous trader is really popular for placing large bets on Bitfinex. He recently explained the reasons for which he believes that people will lose interest in ETH.

He said that in the long run, firms such as Ethereum would seek alternative platforms that have lower transaction fees.

“Neither has any need or use for ETH other than for fees. As fees get too high, so does the incentive to ditch Ethereum for something else.”

He also said that ETH and BCH would never return to the all-time high because traders will shift their attention to newer altcoins.

He’s also been a critic of DeFi, calling it a marketing campaign.

On the other hand, he’s been bullish on Bitcoin.

“Bitcoin is so much more than just a currency. It’s a completely new social technology: non-political non-confiscatable self-sovereign extra-hard money. I expect it to precipitate transition of humanity to a completely new economic and social order that will slowly emerge over time.”

There are all kinds of optimistic predictions about the price of ETH these days and the project has all the fundamentals to go straight to the moon.

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