• ETH price found support above $2,500 after reaching a local high of $2,736
• A bullish flag pattern has emerged on the hourly chart with resistance at $2,630
• The Pectra upgrade has improved Ethereum’s scalability and data transmission
• Layer-2 network activity increased 23% month-over-month
• Analysts project a possible rise to $5,000 in 2025 pending regulatory clarity and increased adoption

Ethereum has experienced a price correction after recently climbing above the $2,720 mark. The second-largest cryptocurrency by market cap is currently finding support above the $2,500 level as traders evaluate entry points.

The price action shows ETH trading above the 100-hourly Simple Moving Average, suggesting underlying strength despite the pullback.

Market watchers have identified a technical pattern forming on the charts. A short-term declining channel, potentially a bullish flag, is taking shape with resistance at $2,630 on the hourly ETH/USD chart.

ETH began its upward movement by clearing the $2,620 resistance level, outpacing Bitcoin’s performance during this period. Bulls successfully pushed the price above $2,700, reaching a peak of $2,736 before the current correction phase began.

During the pullback, Ethereum dipped below $2,650 and briefly fell below the 50% Fibonacci retracement level calculated from the move between $2,415 and $2,736.

The price now faces resistance near $2,620, with additional hurdles at $2,680. Should ETH overcome the $2,720 level, the next target would be the $2,820 resistance zone.

A successful break above $2,820 could accelerate gains, potentially pushing toward $2,880 or even $2,950 in the short term.

Future Growth Catalysts

Looking further ahead, some market analysts believe Ethereum could reach the $5,000 mark in 2025, though this depends on several key developments.

The approval of in-kind ETF creation and staking options by regulators could attract institutional investment, which has been limited so far. Recent data showed US-listed Ether ETFs experiencing net outflows of $4 million over a two-day period in mid-May.

The size difference between Ether ETFs and Bitcoin ETFs remains substantial. The Ether ETF market is currently about 92% smaller than Bitcoin’s $121.5 billion market, indicating room for growth if institutional interest increases.

Ethereum’s best scenario may involve limited competition in the ETF space, which would require the SEC to reject applications for other cryptocurrency ETFs.

The network’s recent Pectra upgrade has enhanced data transmission efficiency and scalability, laying groundwork for increased usage. This technical improvement comes as layer-2 networks built on Ethereum show growing activity.

Layer-2 transaction volume rose 23% compared to the previous month, with Base network leading the way at 244.2 million transactions over a 30-day period.

Artificial intelligence applications may provide another boost for Ethereum. Observers have noted that AI tools like ChatGPT show preference for Ethereum’s layer-2 infrastructure when managing funds through multisignature contracts.

This AI connection could potentially increase smart contract activity significantly from current levels, supporting price growth toward new all-time highs.

Downside Scenarios

If Ethereum fails to break through the $2,630 resistance, further correction may occur. The first support level sits near $2,575, followed by a major support zone around $2,500.

Should the price drop below $2,500, the next support levels would be at $2,420, $2,350, and $2,320 respectively.

Technical indicators present a mixed picture. The MACD for ETH/USD is losing momentum in the bullish zone, while the RSI has fallen below the 50 level.

Trading volumes remain relatively stable during the correction, suggesting that panic selling has not materialized despite the price pullback.

The post Ethereum (ETH) Price: Technical Support Holds as Market Eyes Path to $5k appeared first on CoinCentral.

• Ethereum launches 1TS to boost protocol security.
• 1TS maps risks and applies key upgrades.
• Top security experts lead the initiative.
• Community invited to give security feedback.
• ETH price up 1.16% after 1TS announcement.

Ethereum Foundation has introduced the ‘Trillion Dollar Security’ (1TS) initiative to scale protocol security and support growing onchain usage. The program focuses on mapping vulnerabilities, implementing critical upgrades, and communicating security standards more effectively. The plan targets system-wide improvements to make Ethereum suitable for long-term global financial infrastructure.

Ethereum Aims for Civilization-Scale Infrastructure

Ethereum continues to power billions in daily onchain value through thousands of decentralized applications across multiple sectors. As ecosystem activity grows, Ethereum Foundation seeks to secure the protocol against emerging and future threats. Consequently, the 1TS program aims to fortify every layer of the Ethereum stack.

The initiative begins by mapping vulnerabilities from user wallets to consensus mechanisms to highlight weak points in the protocol. It will include UX risks, smart contract libraries, cloud dependencies, and staking centralization. These efforts aim to ensure Ethereum meets the security expectations of both individuals and institutions.

Besides technical mapping, Ethereum’s plan includes executing essential fixes and long-term improvements based on the identified risks. The goal is to build durable security layers that can withstand systemic risks and targeted attacks. Improvements will cover smart contract safety, network resilience, and broader ecosystem robustness.

Co-Chairs and Ecosystem Stewards to Guide Strategy

Ethereum Foundation has appointed Fredrik Svantes and Josh Stark to lead the initiative and coordinate key development efforts. They will work alongside external stewards with deep blockchain security and protocol auditing expertise. Their combined roles will ensure consistent execution across Ethereum’s technical and community layers.

Among the three stewards is samczsun, a security specialist known for uncovering vulnerabilities in major smart contracts and blockchain projects. Mehdi Zerouali from Sigma Prime and Zach Obront from Etherealize also join the effort. All three have extensive experience in audits, zero-knowledge technology, and securing Ethereum-based protocols.

Ethereum Foundation plans to collaborate with auditors, researchers, and open-source contributors. The foundation has invited community members to offer insights and feedback through its online form. This move reflects Ethereum’s broader mission of transparency and shared responsibility for network safety.

Trillion-Dollar Goal Reflects Long-Term Ethereum Vision

ETH objective is to become the backbone of global onchain finance capable of securing trillions in digital value. The foundation’s vision includes enabling individuals to safely hold over $1,000 and organizations to commit larger assets on ETH. This shift would establish Ethereum as a trustworthy alternative to traditional infrastructure.

The program will also support community education, bug bounties, formal verification, and improved developer tools. These components aim to raise awareness while providing actionable improvements to existing processes and applications. Hence, ETH is enhancing its technical core and expanding its security culture.

Ethereum’s market performance reflects renewed confidence following the 1TS announcement. The price of ETH rose by over 1.16% in 24 hours, trading at $2,511.09. This momentum comes amid a broader uptrend that has seen Ethereum rally more than 50% in one week.

The post Ethereum Launches ‘Trillion Dollar Security’ Initiative to Boost Onchain Safety appeared first on CoinCentral.

• ETH price has surged nearly 45% over the past week, breaking the five-month downtrend
• The $2,900 price zone acts as a strong attractor based on liquidation data
• Recent whale movements show increased selling into centralized exchanges
• Technical analysis suggests consolidation between $2,400-$2,700 before next move
• ETH has successfully reclaimed its macro range of $2,200-$3,900 lost earlier this year

Ethereum has staged an impressive comeback, climbing nearly 45% in just one week. This powerful move has helped ETH break through multiple resistance levels and recapture price territory lost months ago.

The second-largest cryptocurrency by market cap has been leading the altcoin charge. During ETH’s 45% rise, Bitcoin managed only a 7.9% increase.

This performance gap caused Bitcoin’s market dominance to fall from 65.36% to 62.38% in less than a week. The broader altcoin market added $232 billion in value during this period.

After hitting an 18-month low of $1,380 in April, Ethereum began showing signs of recovery. The real breakout came last Thursday when ETH smashed through the $2,000 resistance level.

Since then, the cryptocurrency has claimed several key price zones, including $2,100 and $2,300. Over the weekend, it tested the $2,600 level, reaching a two-month high of $2,624 on Monday.

As of the most recent data, Ethereum trades at $2,597, showing a 5% increase on the daily chart.

Market Indicators Point Higher

Several technical indicators support the bullish case for Ethereum. The On-Balance Volume (OBV) has reversed its year-long downtrend, showing buyers have taken control of the market.

The Chaikin Money Flow (CMF) stands at +0.25, revealing substantial capital flowing into ETH. The Money Flow Index (MFI) continues to rise, confirming the positive momentum.

Looking at liquidation data provides additional insight. The 6-month liquidation heatmap identifies $2,900 as a magnetic zone that seems likely to pull Ethereum’s price higher in the coming weeks.

However, traders should exercise caution. Current liquidation maps show high leverage long positions are open, and a drop to $2,400-$2,500 could trigger widespread liquidations.

This data suggests a possible downward move to hunt liquidity before any sustained push higher. Whale activity has increased recently, with larger holders depositing ETH into exchanges, often a sign of profit-taking.

Market analyst Castillo Trading notes that Ethereum is “doing exactly what it should be. Taking some time to build a base at important levels before the next move.”

$ETH doing exactly what it should be. Taking some time to build a base at important levels before next move.

$2700-$2400 is still the range I am watching for us to trade in for a little bit of time. Some shakeouts in both directions before continuing its next leg up.#Ethereum https://t.co/pxieRtDGhG pic.twitter.com/AcKrjFnv2e

— Castillo Trading (@CastilloTrading) May 13, 2025

What Comes Next?

ETH has officially reclaimed its macro range of $2,200-$3,900 that was lost in March. According to analyst Rekt Capital, this weekly close at $2,514 marks a key technical achievement.

History suggests that ETH will “likely lift across the Range” over time, while “any dips, if needed at all, would only solidify $2200 as Range Low support,” according to the analyst.

The cryptocurrency has successfully filled the $2,530-$2,630 Daily CME Gap created in March. Two smaller CME Gaps have formed at the $2,300-$2,400 and $2,100-$2,200 levels, which may be closed in the near future.

Most analysts expect Ethereum to trade sideways for the next few days. The $2,400-$2,700 zone appears to be the likely trading range, with “some shakeouts in both directions before continuing its next leg up,” as one market watcher put it.

For Ethereum to push beyond the psychologically important $3,000 level, several factors may need to align. Bullish Bitcoin movement and favorable macroeconomic conditions would help catalyze such a move.

The 1-month liquidation heatmap shows a pattern of consolidation followed by upward movement. In early May, ETH consolidated around $1,800 before triggering short liquidations at $1,900 and pushing higher.

A similar but less intense pattern may be forming now. Liquidity has built up near the $2,700 level, with ETH already claiming some of it.

The Pectra upgrade has attracted interest from investors beyond the retail sector. However, this has coincided with increased selling pressure as whales deposit funds into centralized exchanges.

The post Ethereum (ETH) Price: Major Rally Takes Token Within Striking Distance of $3,000 appeared first on CoinCentral.

• Ethereum has surged over 40% in the past two weeks, trading around $2,550
• The rally appears to be driven by spot market demand rather than leveraged trading
• ETH stakers are back in profit for the first time since March
• Flat funding rates suggest this may be a sustainable uptrend
• ETH dominates as the largest on-chain economy with over $213.9 billion in TVL

Ethereum has experienced a comeback in recent weeks, with its price climbing more than 40% over the past two weeks. At press time, ETH trades at $2,550, continuing its upward trajectory with a 3% gain in the past 24 hours.

The current rally shows promising signs of sustainability. According to CryptoQuant analyst ShayanMarkets, ETH funding rates have remained relatively flat despite the price surge. This indicates the upward movement is powered by genuine buying in the spot market rather than speculative leverage.

Funding rates reflect sentiment in the perpetual futures market, with these periodic payments exchanged between traders to keep contract prices aligned with spot prices. The flat rates during this rally suggest less risk of sudden reversals triggered by mass liquidations.

For the bullish momentum to continue, analysts suggest funding rates should begin to rise, showing increased confidence and more aggressive positioning by futures traders.

Staking Profitability Returns

A positive development for the Ethereum ecosystem emerged on May 9th when staked ETH returned to profitability for the first time since March. When ETH crossed the $2,297 mark, it surpassed the realized price, flipping stakers back into profit territory.

This recovery strengthens network stability by reassuring validators and staking participants. The return to profitability could signal a larger bullish shift across the entire Ethereum ecosystem.

Ethereum continues to dominate as the largest on-chain economy, with over $213.9 billion in Total Value Locked (TVL) across lending, staking, and other sectors. This extensive activity demonstrates Ethereum’s unmatched developer base and DeFi infrastructure.

The network’s dominance isn’t without risk, however. Incentives tied to scalability and app success create potential threats of app migration to competing chains. Ethereum’s leadership is reportedly working toward strategies to ensure value retention as apps evolve.

Technical Outlook

Technical indicators support the current rally. The Relative Strength Index (RSI) sits at 80.58, indicating strong momentum though perhaps entering overbought territory. The MACD shows a widening gap between the MACD and signal lines, a bullish signal reflecting increased buying pressure.

Crypto analyst Ali Martinez notes that if ETH can decisively break through the $2,380 resistance level, it could enter a new bull rally. Martinez emphasized that ETH’s critical support range now lies between $2,060 and $2,420, with close to 10 million wallets holding more than 69 million ETH between these levels.

#Ethereum $ETH moved past resistance. Send it! 🚀 https://t.co/fr0shbzReo

— Ali (@ali_charts) May 11, 2025

Although Ethereum remains below its all-time high of $4,878 reached in November 2021, market watchers believe a new peak could be approaching. Analyst Titan of Crypto recently noted that ETH is following a V-shape recovery pattern similar to Bitcoin’s trajectory.

With volume holding steady and sentiment turning optimistic following the staking profit recovery, Ethereum’s price may test higher resistance levels in the coming days. The cryptocurrency currently trades at $2,555, representing a 3% increase over the past 24 hours.

The post Ethereum (ETH) Price: How Spot Buyers Are Fueling the Current Rally appeared first on CoinCentral.

• Ethereum users rose 30% this week, showing strong network activity.
• Base Layer-2 now leads with 7.6M users, driving ecosystem growth.
• Analysts see $2,100–$2,250 as a key buy zone if ETH dips.
• BlackRock’s ETF update boosts Ethereum’s liquidity potential.
• Ethereum remains strong with rising demand and institutional interest.

Ethereum’s momentum remains strong as analysts highlight a potential buy zone between $2,100 and $2,250. The network is witnessing a sharp increase in activity, supported by a 30% surge in weekly active addresses. Meanwhile, BlackRock’s updated ETF filing strengthens liquidity prospects and reflects rising confidence in Ethereum’s long-term role in finance.

Ethereum Network Activity Surges With 30% Rise in Users

Ethereum’s on-chain metrics continue to climb as weekly active addresses surged by 30%. The growth reflects increasing demand across the Ethereum ecosystem, signaling deeper engagement from new and existing users. This trend supports price strength and builds momentum ahead of potential corrections.

#Ethereum is booming!🔥

🔸Weekly active addresses just surged +30%!

What’s behind it?
🔸@base leads the charge with 7.6M users
🔸@arbitrum & @Optimism
🔸Newcomers @soneium & @worldcoin gaining fast (~990K users combined)

The #ETH ecosystem has never been more alive.📈 pic.twitter.com/cAECzLZMLm

— Leon Waidmann 🔥 (@LeonWaidmann) May 12, 2025

Base, Ethereum’s Layer-2 network backed by Coinbase, now leads activity with over 7.6 million unique users. Its rapid growth points to a broader migration trend toward faster and more affordable Ethereum solutions. This surge has also spread across other rollups and emerging platforms.

Newer platforms like Soneium and Worldcoin are gaining traction, contributing nearly one million users combined. These networks are helping Ethereum scale and onboard new users into decentralized applications. The ecosystem shows strong signs of expanding utility and adoption across segments.

Analyst Targets $2,100-$2,250 as ETH Correction Zone

Michaël van de Poppe has identified a key opportunity if Ethereum’s price dips between $2,100 and $2,250. This level is now viewed as a possible entry point in the event of a broader market correction. He expects any retracement to remain shallow and short-lived.

If the markets provide a correction, then I'd be interested in anything between $2,100-2,250 for $ETH.

I expect shallow corrections, but would be diving into these as opportunities. pic.twitter.com/MiGFhSQ90P

— Michaël van de Poppe (@CryptoMichNL) May 12, 2025

Price action remains favorable, supported by growing user metrics and strong fundamentals across Ethereum’s infrastructure. The bullish outlook aligns with increased demand for Layer-2 platforms and new decentralized services. This momentum helps cap downside risks while encouraging strategic accumulation.

Ethereum’s current structure shows resilience despite broader market fluctuations in the past few days. Short-term pullbacks may create new accumulation zones for market participants awaiting entry. This aligns with a wider trend of price stabilization near the $2,250 zone.

BlackRock’s Amended ETF Filing Could Boost ETH Liquidity

BlackRock submitted an updated S-1 for its Ethereum Trust ETF with notable changes supporting in-kind creation and redemption. This model would allow direct exchange of Ethereum rather than relying on cash settlements. It mirrors the structure used by traditional spot ETFs.

The amendment could significantly increase on-chain liquidity by enabling easier entry and exit using native Ethereum. This process enhances operational efficiency while aligning with SEC guidelines. BlackRock’s change also indicates a substantial long-term interest from traditional financial institutions.

The ETF’s approval would mark a significant step for Ethereum’s integration into mainstream finance. It demonstrates growing alignment between digital asset products and regulated investment structures. If the ETF gains approval, the Ethereum market may benefit from increased capital access.

Future Oulook

Ethereum’s ecosystem continues to gain strength across key metrics, supported by rising usage and institutional moves. Technical analysts see value between $2,100 and $2,250, while ecosystem growth accelerates. These factors position Ethereum for continued resilience and expansion across global markets.

The post Ethereum Gains 30% User Growth: Is ETH Ready for Takeoff? appeared first on CoinCentral.

• Ethereum recorded over 150,000 ETH moved within 24 hours across major wallets and exchanges.
• A transfer of 76,800 ETH from Binance to Binance Beacon Deposit suggests a staking strategy.
• Another 40,930 ETH was moved from an unknown wallet to the custodial platform Ceffu.
• Binance sent 32,496 ETH to a private wallet, indicating continued accumulation behavior.
• CryptoQuant data showsthat  accumulation addresses have reached historic inflow levels.

Ethereum (ETH) has recorded a surge in whale activity as over 150,000 ETH moved between exchanges and private wallets in 24 hours. Major on-chain data shows accumulation addresses spiking while transfers involving large ETH volumes have intensified. These movements reflect a strategic positioning by major holders, coinciding with Ethereum’s sharp price increase across multiple timeframes.

Ethereum Whales Shift 76800 ETH to Staking

Ethereum whales transferred 76,800 ETH from Binance to Binance Beacon Deposit, valued at over $195 million. This activity suggests a potential staking strategy as the deposit aligns with Ethereum’s proof-of-stake mechanism. The timing of this transaction matches a notable rise in network-level inflows to accumulation addresses.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 76,800 #ETH (195,308,712 USD) transferred from #Binance to Binance Beacon Deposithttps://t.co/GQH1bMSztZ

— Whale Alert (@whale_alert) May 12, 2025

The transfer occurred amid heightened whale movement and price growth across the Ethereum ecosystem. On-chain metrics indicate this was one of the largest single ETH moves in recent weeks. These metrics highlight confidence in Ethereum’s future, as accumulation generally precedes price continuation.

CryptoQuant data confirmed that accumulation addresses now record historically high inflows, surpassing all previous benchmarks since 2017. The transfer to the Beacon Deposit address signals continued belief in staking as a long-term play. Despite Ethereum’s significant recent price gains, whales continue shifting coins into positions rather than selling.

Whales are accumulating $ETH like never before 👀 pic.twitter.com/dr6aKkKkkr

— Gordon (@AltcoinGordon) May 12, 2025

40,930 ETH Moved to Custodial Platform Ceffu

Another major Ethereum transaction involved 40,930 ETH valued at $104.6 million, transferred from a private wallet to custody service Ceffu. The source wallet remains undisclosed, but the move aligns with broader accumulation behavior across the network. Whale Alert tracked this transaction as part of a larger trend of ETH consolidation.

This pattern supports the narrative that large ETH holders secure assets rather than liquidating at current prices. The move suggests preparation for long-term holdings with Ethereum trading between $1,763 and $2,582 over the past week. The inflow to Ceffu follows similar shifts, pointing to broader institutional storage strategies.

Such activity also reflects increased confidence in Ethereum’s utility and potential market performance. Market analysts note that previous accumulation phases often preceded major price moves. The size and timing of this transfer imply strategic foresight and calculated capital deployment.

32,496 Ethereum Sent From Binance to Private Wallet

A third key Ethereum transfer involved 32,496 ETH, valued at $82.9 million, sent from Binance to an undisclosed private wallet. This adds to more than 150,000 ETH moved within a short time frame. Each transfer underscores a consistent accumulation pattern emerging from whale-level addresses.

This recent accumulation surge also follows an earlier move involving 123,000 ETH over several days. The large transactions’ overall volume and frequency indicate that major players are repositioning. These coordinated moves further validate CryptoQuant’s data, which shows a historic rise in ETH inflows.

Ethereum has gained 50.6% in the past month and 38.6% in the past week alone. With over 66 million ETH in profit, whales continue acquiring more. The price momentum and high inflow data align to show confidence in Ethereum’s long-term trajectory.

The post Ethereum Whales Move 150K ETH: Is a Massive Price Shift Coming? appeared first on CoinCentral.

• ETH jumped over 20%, reclaiming the $2,000 level following the US-UK trade agreement announcement
• The price surge coincided with the successful Pectra upgrade implementation on May 7
• On-chain data shows increased buying pressure with exchange reserves dropping by 323,000 ETH since April 24
• Open Interest in ETH derivatives spiked 21%, reaching 12.08 million ETH ($25.04 billion)
• Short positions worth approximately $328 million were liquidated during the rally

Ethereum has seen a dramatic price recovery in the past 24 hours, with ETH surging 20% to reach $2,230. This strong upward movement came after President Trump announced a “full and comprehensive” trade agreement between the US and UK, and following the successful implementation of the Pectra upgrade.

The US-UK trade deal involves a reduced baseline tariff of 10%, with aluminum and steel exempted from levies. President Trump also mentioned that negotiations with many other countries are in advanced stages.

This news provided relief to global markets that had been under pressure from trade war tensions in Q1. Ethereum, which had declined during this period, has been recovering since late April.

The Pectra upgrade, which went live on May 7, brought new wallet features, increased staking limits, and scalability improvements to the Ethereum network. Developers are now focusing on the next upgrade called Fusaka, planned for release by the end of 2025.

On-chain data reveals strong institutional interest in Ethereum. Digital asset investment firm Abraxas Capital purchased 49,644 ETH using Binance and Kraken platforms, according to data from on-chain tracker Lookonchain.

Market Indicators Show Bullish Momentum

Exchange reserves for Ethereum have decreased by 132,000 ETH in just four days, extending the total decline to 323,000 ETH since April 24. This reduction in exchange reserves typically indicates rising buying pressure as investors move their assets off exchanges for longer-term holding.

In the derivatives market, Ethereum’s open interest surged to 12.08 million ETH (approximately $25.04 billion), according to Coinglass data. The price spike caught many traders off guard, resulting in around $328 million in short positions being liquidated.

The rally saw $188.04 million in futures liquidations within 24 hours. Of this amount, $21.29 million were long positions and $166.75 million were short positions.

Technical indicators have turned bullish. The Relative Strength Index and Stochastic Oscillator have both entered overbought territory, signaling strong bullish momentum, though also suggesting the possibility of a short-term correction.

Ethereum’s price movement has closely followed Bitcoin, which crossed the $100,000 mark for the first time since February 7. The S&P 500 and Nasdaq-100 also gained over 1% on Thursday, highlighting the growing correlation between crypto markets and traditional financial markets.

Crypto trader Alex Kruger attributed Ethereum’s price spike primarily to “new longs.” If Ethereum were to fall back to $2,000, approximately $2.06 billion in long positions would be at risk of liquidation.

This move on $BTC since upper 99ks largely driven by shorts getting liquidated or closing. $ETH is different, that's mainly new longs. pic.twitter.com/Ilb1eFJCrE

— Alex Krüger (@krugermacro) May 8, 2025

The positive momentum comes after a challenging start to 2025 for Ethereum. The cryptocurrency had fallen 56% from its January 1 price to $1,472 by April 9, its lowest point this year.

2025’s second quarter could be promising for Ethereum investors. Historically, ETH has averaged a 62.2% return in Q2 since 2013. Based on its price on April 1, Ethereum could potentially reach around $2,950 by the end of June if this pattern continues.

Despite the rally in spot prices, Ethereum ETFs have not yet seen positive flows. For the third consecutive day, spot Ethereum ETFs recorded outflows on May 8, totaling $16.1 million according to Farside data.

The Ethereum Foundation recently awarded $32.64 million in grants to various ecosystem projects in Q1 2025. These funded projects aim to improve Ethereum in key areas including community education, consensus layer, cryptography, developer experience, and protocol growth.

If Ethereum maintains its momentum and reclaims the key range between $2,100 and $2,250 (strengthened by the 100-day Simple Moving Average), it could potentially rally toward the $2,550 resistance level.

A move above this resistance could mark the beginning of a major recovery phase for the second-largest cryptocurrency by market capitalization.

The post Ethereum (ETH) Price Prediction & Analysis: Rockets 25% In a Day, Is the Bull Run Starting? appeared first on CoinCentral.

• Ethereum Foundation granted $32.65M in Q1 2025 across 32 initiatives focused on Layer 2 scaling, ZKPs, and education
• Community-building and educational programs received the largest share, including events in Africa and Middle East
• Layer 2 solutions like Base are earning millions in transaction fees while paying only a fraction back to Ethereum
• Some in the community are questioning if Layer 2s are “extractive” rather than beneficial to Ethereum’s ecosystem
• Potential solutions include “based rollups” where transaction ordering happens on mainnet, or changes to fee structures

The Ethereum Foundation has allocated $32.65 million in grants during the first quarter of 2025, supporting 32 initiatives across multiple domains. This funding demonstrates Ethereum’s commitment to advancing blockchain technology while addressing scalability challenges.

Community and education projects received the largest portion of the funding. These initiatives support events like ETHPrague, ETHiopia (the first Ethereum event in Ethiopia), and regional developer bootcamps.

Projects such as the Arabic Blockchain Developer Bootcamp aim to create localized materials and organize meetups to involve developers in underrepresented regions. This approach reflects Ethereum’s goal of building a global decentralized community.

Zero-knowledge proofs (ZKPs) and cryptographic research claimed the second-largest portion of the funding. Ethereum’s focus here highlights the importance of ZKPs for scaling without compromising privacy or security.

Supported projects are exploring post-quantum cryptography, building general-purpose ZK tooling, and enhancing SNARK/STARK efficiency. These technologies are crucial for scaling Ethereum’s Layer 2 solutions.

The Layer 2 Fee Debate

While Layer 2 solutions have helped reduce congestion on the Ethereum mainnet and lower gas fees, concerns are emerging about revenue distribution.

Some community members argue that Ethereum is not being fairly compensated for the security it provides.

Layer 2 platforms like Base, Optimism, and Arbitrum are collecting substantial transaction ordering fees (sequencing fees) while paying relatively little back to the Ethereum mainnet. This has sparked debate about whether Layer 2s are beneficial or “extractive” to the Ethereum ecosystem.

According to CoinMetrics researcher Tanay Ved, Base has earned approximately $98 million in revenues from user-transaction fees while paying only about $4.9 million to Ethereum, resulting in an estimated profit of $94 million since the Dencun upgrade in March 2024.

Base representatives counter that they have paid Ethereum more than $20 million in settlement fees since launch. They argue that Base makes blockchain access more accessible with fast and cheap transactions, helping grow the Ethereum ecosystem by onboarding more users and builders.

However, financial statements show that Base’s overall fees are typically about 10 times the amount paid to Ethereum for settling trades. In April 2024, Base collected $3.7 million in fees but delivered only $305,000 to Ethereum—roughly 8% of total fees.

Some researchers suggest the imbalance may correct itself as Ethereum implements upgrades like Pectra and Fusaka, which will increase blob throughput and potentially drive higher total blob fees to the mainnet.

The recent Pectra upgrade, which went live on May 7, raises the blob target from three to six per block, creating room for increased fee capture as Layer 2 activity scales.

Potential solutions to the fee imbalance include “based rollups,” where transaction ordering occurs on the mainnet rather than on Layer 2s. Proponents argue this would provide better security by addressing the centralization risks of current Layer 2 sequencers.

Several based-rollup Layer 2s have launched in the past year, with Taiko Alethia being the first and largest. While its $148.3 million in total value secured ranks far behind Base’s $12.06 billion, its performance is comparable to established platforms like Arbitrum One.

Another proposed solution is implementing a tax on Layer 2s, though this could have unintended consequences. It might make Layer 2s less competitive and risk activity moving to competing Layer 1 blockchains outside the Ethereum ecosystem.

The Ethereum Foundation appears to be prioritizing long-term growth over short-term revenue. However, proposals like EIP-7762, which raises the minimum blob base fee to speed up price discovery during demand surges, could drive more fee income to Ethereum mainnet.

Some community members believe social pressure may be needed to encourage leading centralized Layer 2s to voluntarily share more of their sequencing fees with Ethereum.

Despite these challenges, many remain optimistic about Ethereum’s future. The blockchain continues to lead in DeFi assets, stablecoins, and institutional adoption, positioning it well to serve as the infrastructure for a “network of networks” in blockchain’s future.

The post Ethereum Foundation Pours $32.65M into Layer 2 Tech While Base Keeps 92% of Transaction Fees appeared first on CoinCentral.

• Ethereum trading volume has dropped significantly just before the launch of the Pectra upgrade.
• Despite the volume decline, Ethereum has gained 2.44 percent and is now trading at $1,838.
• The ETH to BTC pair has continued to weaken and remains under strong selling pressure.
• Ethereum tests resistance at the 50-day EMA, which could determine the next price direction.
• The Federal Reserve is expected to keep interest rates unchanged, which could slow down short-term crypto rallies.

Ethereum (ETH) trading volume has declined sharply ahead of the long-anticipated Pectra upgrade, which is set to launch today.

Ethereum has rebounded by 2.44% despite the slowdown, climbing to $1,838 as the broader crypto market recovers. Market participants now await technical signals and macroeconomic cues to determine Ethereum’s short-term direction.

ETH spot volume is cooling

“Ethereum spot volume is cooling off, and that might actually be a good sign… This could also potentially ease the selling pressure that's been weighing on the market.” – By @Darkfost_Coc pic.twitter.com/xVXqT5oLry

— CryptoQuant.com (@cryptoquant_com) May 6, 2025

Ethereum Spot Market Sees Sharp Slowdown

Spot trading activity on Ethereum has weakened significantly, reducing the market’s recent volatility. Analysts suggest that the lower volumes during price recovery periods may decrease abrupt price swings. This development follows five months of sustained correction in Ethereum’s market performance.

Ethereum’s ETH/BTC pair has remained under pressure, registering one of its steepest drops in recent years. However, technical indicators suggest that Ethereum could prepare to challenge the 50-day EMA resistance. If successful, this may bring renewed momentum to the asset’s price movement.

Market watchers are also focusing on macroeconomic developments, including the upcoming Federal Reserve policy decision. The CME Fed Watch tool signals a 95% probability that interest rates will remain unchanged. This expectation limits short-term upside for risk assets, including Ethereum and other altcoins.

#Ethereum is sitting right at the level of "resistance" that I pointed out last week, as well as the "50 Day EMA". Very critical levels!

Maybe Powell will have some good news for us on Wednesday that sends $Eth and the $Alts pumping.🤞

It's time! 🚀 pic.twitter.com/mwLpZ0BYQE

— Anonymous | Crypto Predictions (@Crypto_Twittier) May 7, 2025

Ethereum Pectra Upgrade Launches with Major Changes

The Pectra upgrade, combining the Prague and Electra phases, introduces eleven Ethereum Improvement Proposals (EIPs) to the network. This marks Ethereum’s most substantial update since the beginning of 2024, aiming to improve scalability and user functionality. Among the changes are smarter wallets, improved staking, and streamlined development tools.

One of the leading proposals, EIP-7702, allows standard accounts to run smart contract code. This change supports more advanced wallet functions such as batch transactions and gasless operations. Additionally, EIP-7251 increases the staking limit for validators from 32 ETH to 2,048 ETH, optimizing large-scale staking.

The upgrade also supports more efficient rollups, contributing to faster and cheaper transactions across the network. Ethereum’s infrastructure is now better positioned to support future changes like Verkle Trees and EIP-4444. The technical updates focus on accessibility, performance, and forward compatibility.

ETH Awaits Breakout and Fed Decision

Ethereum’s price movement now depends on breaking key resistance levels and macroeconomic developments. A confirmed breakout above the 50-day EMA could drive further upward movement. Conversely, failure to sustain recent gains may result in renewed downside pressure.

The upcoming Federal Reserve meeting may impact liquidity flows across digital asset markets. If interest rates stay unchanged, as expected, crypto assets might see slower growth in the near term. Meanwhile, technical improvements from the Pectra upgrade may provide long-term support.

The post Will Ethereum Price Soar or Sink After Today’s Pectra Upgrade? appeared first on CoinCentral.

• Investors bought over 3 million ETH in under two months as confidence grew ahead of the Pectra upgrade.
• The upgrade launches May 7, 2025 and will make wallets smarter and Layer 2s more efficient.
• Despite a 45% drop in Q1, long-term ETH holders increased their holdings by 22%.
• Some experts however say Pectra may not raise prices, but broader adoption will continue.

The Ethereum community has continued to demonstrate its unwavering commitment to the network as the countdown to the Pectra upgrade approaches.

Ethereum Accumulation Soars Ahead of Pectra Upgrade

The anticipation surrounding this upgrade has triggered a remarkable surge in investor confidence, with investors accumulating over 3 million ETH in just under two months.

On Tuesday, the official Ethereum account shared an update highlighting the significance of Pectra, emphasizing how this upgrade will unlock the true potential of Ethereum.

“Unlocking $490 billion of potential, Ethereum already secures $490 billion in assets, but too often, that value sits locked behind clunky UX. Pectra changes that. It makes those assets easier to move, use, and experience.” The account tweeted.

0/ the biggest ethereum upgrade since the merge is coming.

and this time, you’ll feel it.

it’s called pectra and here’s why it matters

a guest thread by @binji_x ↓ pic.twitter.com/xhn1kt3qgG

— Ethereum.org (@ethereum) May 6, 2025

The Ethereum network has always been known for its resilience and scalability, but with the Pectra upgrade, it is poised to redefine user experience.

“Upgrading a decentralized network that secures billions is like swapping an airplane engine mid-flight,” Ethereum.org stated, reflecting the immense challenge and the hundreds of developers working together. “Pectra is proof that Ethereum moves and it moves together. And this time, it moves for you.”

Ethereum’s upcoming transformation is not just a technical improvement but also a shift in how users interact with the network. The Ethereum team believes Pectra will be the foundation for the next era of the network, one that focuses not just on scale and resilience but also on user experience.

“The merge changed how the protocol works; Pectra changes how Ethereum feels. This isn’t just another upgrade, it’s a turning point,” the team remarked.

That said, investor behavior has reflected this optimism. According to CryptoQuant analyst Carmelo Alemán, Ethereum holders have shown remarkable resilience, with accumulating addresses refusing to sell despite market corrections. From December 16, 2024, when Ethereum hit its cycle high of $4,107, to March 10, 2025, when the price dropped to $1,866.7, long-term holders have increased their ETH exposure despite being in unrealized loss territory. In fact, the number of ETH held by these addresses increased by 22.54% from March to May, highlighting the deep faith investors have in Ethereum’s future prospects.

However, while many believe the Pectra upgrade is fueling this accumulation, some analysts remain cautious. Edward Chen, co-founder of Parataxis Capital, warned that the upcoming upgrade might not lead to a significant surge in ETH prices.

“Ethereum needs to find incentives for further adoption, as well as reasons for investors to hold onto the coins,” Chen said in an interview with Bloomberg. He emphasized that while the Pectra upgrade will enhance Ethereum’s efficiency and utility, broader adoption is still the key to sustained growth.

Pectra Upgrade Set to Revolutionize Ethereum’s User Experience

The Pectra upgrade, scheduled for May 7, 2025, includes several key improvements aimed at enhancing the Ethereum network’s usability. One of the most anticipated features is the integration of smart contract functionality into Ethereum wallets, making them more user-friendly and easier to restore. Additionally, Pectra will double the capacity of BLOBs, a crucial improvement for Layer 2 solutions.

Despite Ethereum’s ongoing price decline in the first quarter of 2025, falling 45% in Q1 and continuing its slide in April, many remain optimistic about its long-term potential. Analysts, including Darkfost from CryptoQuant, note that while Ethereum’s spot volume is cooling, this decline could help reduce market volatility and ease selling pressure, providing a stable foundation for future growth.

ETH spot volume is cooling

“Ethereum spot volume is cooling off, and that might actually be a good sign… This could also potentially ease the selling pressure that's been weighing on the market.” – By @Darkfost_Coc pic.twitter.com/xVXqT5oLry

— CryptoQuant.com (@cryptoquant_com) May 6, 2025

The Ethereum team has already set its sights on the next upgrade, Fusaka, slated for the second half of 2025. While the Pectra upgrade may not immediately drive a price surge, it represents an essential step toward making Ethereum more accessible and user-friendly, which could ultimately unlock the network’s vast potential.

At press time ETH was trading at $1,840 reflecting a 2.37% surge in the past 24 hours.

The post Investors Accumulate Over 3M ETH in Under 2 Months as Pectra Upgrade Spurs Investor Confidence appeared first on CoinCentral.