While Ethereum is up 79.8% over the past year, that’s measly compared to Bitcoin’s 145% and archnemesis Solana’s 246%. However, analysts are increasingly bullish that Ether is all set to break out of its dullness.

Market intelligence firm CryptoQuant predicts that the world’s second-largest crypto by market cap will smash through its current all-time high of $4,878 and hit $5,000 due to growing institutional demand and heightened activity on the Ethereum network.