The on-chain analytics firm Santiment has explained that Ethereum’s underlying metrics may suggest that a return above $2,000 could soon happen.

Can Ethereum Surge Back Above $2,000 Anytime Soon?

In its latest insight post, the on-chain analytics firm Santiment has looked into the various indicators of the asset to see what the near future outcome of its price might be.

The first metric of relevance here is the “social dominance,” which, in short, tells us what percentage of discussions on social media platforms related to the 100 largest assets by market cap in the sector are coming from Ethereum alone. The below chart shows the recent trend in this indicator.

As displayed in the above graph, the Ethereum social dominance has been on the decline recently as the asset’s price hasn’t …