Ethereum Price Prediction: JPMorgan Brings Wall Street Closer to ETH

JPMorgan's Ethereum deposit-token launch adds an institutional use case for ETH as the asset tests resistance near $2,448. Traders are watching the $2,600 level as a potential breakout trigger. The move brings Wall Street closer to Ethereum, giving banks a permissioned on-ramp to public-chain settlement while keeping participation restricted to eligible institutional customers.