Ethereum Price Surge Sparks Speculation, Lack of Official Confirmation

Despite rising Ethereum prices and bullish predictions from influential figures like Arthur Hayes and Tom Lee, there’s no official confirmation supporting a potential price doubling by December. While market observers attribute the surge to factors like DeFi expansion and institutional interest, skepticism surrounds unconfirmed forecasts. 2.5 times growth prediction by Hayes, though rumored to be linked to BitMine’s asset additions, remains unconfirmed and speculation surrounding its validity continues.