Vivek Raman Highlights Ethereum's Institutional Value and Future Price Potential

According to Foresight News, former Wall Street high-yield credit trader Vivek Raman expressed optimism about the current state of the cryptocurrency market. Despite significant leverage washouts surpassing previous crashes, Raman believes that the market is experiencing a "renaissance". He emphasized that Ethereum (ETH), like Bitcoin (BTC), remains a valuable asset for institutions. Raman highlighted the seamless operation of the Ethereum economy, including its Layer 1, Layer 2, and application ecosystems. He remains confident that the price of ETH will reach $10,000 or even higher in the future.