Nigeria, July 28 -- As it gets closer to the much-awaited $4,000 threshold, Ethereum (ETH) is steadily gathering momentum and might reshape its short-term path and long-run market potential.

Driven by rising institutional interest, good economic indicators, and a rapid rise in market activity, analysts as well as corporate executives are becoming increasingly upbeat about the direction of the digital asset.

As of Thursday, Ethereum was trading somewhat below the $4,000 level. Emphasizing Ethereum's positive prospects, Galaxy Digital CEO Michael Novogratz stated that the asset is about to go into a"price discovery phase"once it passes the $4K limit. With about $194 million, Galaxy Digital owns over 52,000 ETH, making Ethereum the company...