3 reasons why Ether price is still pinned below $1,900 By Cointelegraph

Ether’s price has been locked within a tight trading range spanning from $1,800 to $1,900 since July 21. This remarkable lack of volatility has instilled a sense of uncertainty and skepticism among investors, despite recent positive developments, which include the launch of PayPal’s Ethereum-based stablecoin and a surge in requests for Ether-based exchange-traded funds (ETFs).

PayPal’s entrance into the world of cryptocurrencies could signify a major step toward mainstream adoption for . However, this move also raises concerns about centralization and the potential loss of control over personal assets.