4 reasons why Ethereum options traders expect ETH price to reach $880

Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750.

Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part.

Total Value Locked, USD. Source: DeFi Pulse

As the above data indicates, investors are even more confident that Eth2 has been a success, despite the real potential of delays…


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