Ether's Potential Surge to $5,000 Predicted by Lyra's DeFi Options Protocol

Wednesday, 22 May 2024, 10:56

Lyra's DeFi Options Protocol indicates a 1 in 5 chance for Ether to hit $5,000 by the end of June. Traders have shown keen interest in buying ether calls at the $5,000 strike and above.
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Ether's Potential Surge to $5,000 Predicted by Lyra's DeFi Options Protocol

Lyra's Ether Forecast

Lyra's DeFi Options Protocol forecasts a 1 in 5 chance for Ether to reach $5,000 by the end of June. Traders have been active in purchasing ether calls at the $5,000 strike and higher, indicating a bullish sentiment.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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