Abra CEO Expects Ethereum to Reach $40,000 
<p>Bill Barhydt, the CEO of crypto trading platform Abra, shared his views on cryptocurrencies during an interview with CNBC Friday, mentioning that he is more bullish on Ethereum than Bitcoin.</p>
<p>Barhydt expects Ethereum price to reach $40,000, noting that its use cases “are through the roof”. He believes the network effects for Ethereum, which are based on this idea that it could become the world’s computers, are more bullish in the short-term given the use cases that are just starting to play out.</p>
<p>Barhydt expects a massive influx of people who want to hold Ethereum with the staking coming. If the gas/transaction fees decrease, which is the promise of the proof-of-stake, all of the obstacles of those network effects are eliminated.</p>

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