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Bitcoin At A Crossroads: What Happens If the $100K Support Fails?

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Key Insights

  • Bitcoin is testing a major support level between $100,000 and $103,000, and a break below could lead to a drop towards $88,000.
  • A bullish “cup and handle” pattern shows that a breakout towards $125,000 could be near despite the near-term uncertainty.
  • While Bitcoin closed up 11% in May, a bearish divergence in the RSI shows weakening momentum.

Bitcoin is facing one of the biggest technical moments in recent history. The world’s largest cryptocurrency hit record highs earlier this year. It’s testing a crucial support level between $100,000 and $103,000.

If it fails to hold this zone, experts now warn that a massive correction could follow. Could Bitcoin be at risk of crashing to as low as $88,000?

The $100K Support Zone

According to technical analyst Master Ananda, Bitcoin’s most important support right now sits between $100,000 and $103,000.

In a recent TradingView post, the analyst pointed out that this range acts as the market’s line in the sand. If BTC dips below it, a deeper correction could follow and possibly crash prices to as low as $88,000.

Bitcoin risks a drop to $88k | Source: TradingView

Remember that Bitcoin recently pulled back from highs of nearly $112,000. It is now sitting uncomfortably close to that support. “If this level breaks,” Ananda wrote, “we could see Bitcoin enter a period of red candles and sideways consolidation.”

However, despite this risk, the analyst maintained that corrections are normal in an uptrend. If BTC holds this support, it could bounce back stronger and push past $130,000 in the next leg of the bull run.

The “Cup and Handle” Pattern Adds Hope

Despite the near-term uncertainty, not all signals are bearish. Another analyst, Mags, recently pointed out a bullish “cup and handle” pattern on the charts. This setup is often seen right before a breakout and the continuation of an uptrend.

If confirmed, the pattern could end with Bitcoin trading close to or above $125,000 in the coming weeks.

Cup and handle offer hope | Source: X

The breakout would also build upon Bitcoin’s earlier move past the $65,000–$70,000 resistance zone. Traders are optimistic about this technical pattern, seeing the recent dip as a temporary pullback. Many believe it’s setting up for a strong price surge ahead.

Bitcoin Posts Highest Monthly Close, But There Are Still Warnings

While May ended on a high note and Bitcoin closed the month up 11%, not everyone is convinced the bullish trend will hold without challenges. In a 2 June report, trader Crypto Tony pointed out that BTC managed to close the weekly candle above $104,500.

Crypto Tony weighs in | Source: X

Keep in mind that this is an important price level dating back to December of last year. Still, technical indicators are starting to flash caution.

One of the most talked-about among these is the Relative Strength Index (RSI), which is now showing a bearish divergence.  This means that while Bitcoin’s price has made higher highs, the RSI has made lower highs. As such, momentum could be weakening.

This type of divergence often signals an upcoming pullback. It becomes even more likely when the price approaches a key resistance or psychological level like $100,000.

Order Book and On-Chain Data Paint a Mixed Picture

Coinglass data reveals a significant liquidity wall above Bitcoin’s current price. Large clusters of orders are concentrated around the $113,000 level. This could mean that traders still expect upward movement, at least in the short term.

Crypto Nuevo weighs in | Source: X

Trader CrypNuevo also noted that if Bitcoin successfully holds the $100K support, a rally to $113,000 seems likely. “Ideally, $100K to $113K,” he said in a recent market update.

Is the Bull Run Still Intact?

So, where does all this leave us? While the $100K support is a fundamental price level, the overall trend is still very bullish, at least for now.

A bullish chart pattern and the ongoing market liquidity all point toward another possible upward leg. However, investors should note that if $100K fails to hold, the next stop could be $88,000. This could lead to panic selling across the market.

It could gain strong momentum if Bitcoin holds its current level and climbs to $113K or beyond. This setup might fuel a surge toward the $130,000 mark.

PEPE Coin Price Prediction: Can PEPE Surge By 5X With 46% Whale Ownership?

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  • PEPE price was holding a key accumulation zone $0.0000091–$0.0000112 and still above the trendline support.
  • There were now 441.89K PEPE holders, whales owning 46.15% of the tokens and the majority of addresses having less than $1K of PEPE.
  • Pepe coin’s social volume started to rise since the end of April after a period of decline.

The meme coins slowly reignited, but a complete reversal that could see most of them recover their previous cycle highs was still to be confirmed.

PEPE coin price prediction analysis gave a detailed view of the potential movement with a combination of a couple of metrics in addition to price action analysis.

PEPE Coin Price Prediction Analysis

PEPE remained above its major support and hoarding zone, which is from $0.00000910 to $0.00001129. This area overlapped with the trendline support, which showed strength and meant the asset could soon break out.

Recently, the price went back to this level, indicating a bullish signal since it was able to rise near $0.00001120.

As the price kept rising, the next area to slow down was the resistance zone at $0.00001478 and a clear breakout would aim for $0.00001775.

It’s key to watch the support at $0.00000910 and $0.00001129, resistance at $0.00001478 and $0.00001775. The large upside goals were at $0.00002500, $0.00003500 and $0.00005500.

PEPE coin price chart | Source: X

Breaking above $0.00001775 and holding at a high level might lead to more gains toward the $0.00002500–$0.00003500 zone.

If price managed to drop past $0.00000910, a rally down toward $0.00000631 or $0.00000542 may happen.

Should the breakdown take place, the upward potential would end, and price action resuming its upward trend would be delayed.

Price remaining above the trendline could help support the bullish trend, which suggested PEPE could continue its rising trend if its value remained above the line.

Having a price above $0.00001129 was still important. If control remained with buyers, PEPE might rise by 5 times to $0.00005500.

Overview of PEPE Coin Analytics

There were 441.89K PEPE holders with a total market cap at $4.9B, whales own 46.15% of the tokens, and the majority of addresses have less than $1K of PEPE.

Between April 28 and the time of writing, the number of wallets rose, and as many as 20,000 new users joined in just over a month.

As the trend continued, the market cap increased, which verified that there was still great demand for PEPE.

PEPE analytics | Source: CoinMarketCap

Nonetheless, most of the addresses (86.6%) held less than $ 1,000 of PEPE and were therefore unlikely to significantly influence prices.

While whales own 46.15% of the tokens, this made them susceptible to big PEPE sell-offs. Even so, most of the total supply was held by just a few people, so the market was still quite diversified.

About 63% of coins were cruising for weeks or months, 29% were owned by long-term holders, while 8% traded daily, showing a hold for the long-term mentality.

Should momentum and new holders increase, PEPE might climb. A sudden increase in whale selling may cause volatility, which is why caution is needed.

What Social Volume Means for PEPE Coin Price Prediction

Lastly, after being low for so long, the social volume of PEPE spiked sharply on the Santiment chart.

Whenever the prices go up or some new interesting news breaks out in the early part of June, the members of the community could be interested in PEPE again.

Many times, a lot of social media mentions foreshadow or appear at the same time as price shifts, which usually come from increased retail involvement.

PEPE social volume | Santiment

If people’s enthusiasm continues and they keep participating, PEPE could experience short-term gains. If the social mentions decrease again, this could mean that only a small number of people stay interested.

For now, increased activity might support bulls, though for it to matter, prices must also increase with actual network action or demand from the market.

But if the jump was just noise from speculators, it might only lead to a brief surge that would be quickly followed by a drop.

Social volume was a major signal, yet it showed even if people were interested, not that they would definitely buy.

Crypto Hackers Stole $244M In May: But Security Might Be Improving Despite

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  • Crypto hackers stole $244.1 million last month. Despite such a large amount, this stands as a 39% decrease from April’s losses.
  • The Cetus DEX exploit alone made up nearly 90% of May’s thefts, with a total of $223 million siphoned off.
  • Approximately $157 million (71%) of the funds stolen from Cetus DEX were successfully recovered.

The crypto industry continues to be a major target for cybercriminals, especially with hackers stealing a staggering $244.1 million in May.

While this number might come as a shock at first glance, it actually represents a 39% drop from April’s losses. This means that blockchain security could be improving on a micro scale.

According to data from blockchain security firm PeckShield, the bulk of last month’s damage came from a single exploit. Here’s a breakdown of May’s biggest crypto thefts and what they mean for the future.

The Cetus DEX Exploit

The biggest incident in May happened on May 22, when decentralized exchange Cetus DEX was hit by hackers.  The attacker made off with nearly $223 million, which stands as nearly 90% of the total funds stolen during the month.

The breach was traced to a vulnerability in the Most Significant Bits (MSB) check, which is a special smart contract security checker that makes sure that liquidity parameters are proper at all times.

The hacks from May | Source: X

By manipulating this flaw, the attacker was able to artificially increase their position in the pool, and then drain it in the process. Despite the severity of the attack though, it wasn’t a total loss.

Thanks to the quick collaboration between Cetus DEX and the Sui Network, around $157 million of the stolen funds (or around 71%) were successfully frozen and recovered.

Other Major Crypto Hacks in May

While the Cetus DEX exploit was the largest crypto theft within the month, several smaller but still damaging attacks occurred throughout May: The Cork Protocol Hack was the second-largest exploit of the month, and saw hackers steal 3,761 wstETH (Wrapped Staked Ether), worth around $12 million.

The stolen tokens were later converted to Ethereum, in what made recovery even more difficult. The DPRK Incident was suspected to be tied to North Korea’s Lazarus Group. This hack resulted in losses of around $5.2 million.

In addition, the MBU Token Exploit led to losses of about $2.2 million, alongside the MapleStory Universe Attack which saw the loss of around $1.2 million.

Signs of Progress?

Even though the figures are still high, the $244.1 million stolen in May is a major reduction from April’s $400 million+ in losses. It’s also a positive development compared to February, when a single exploit from Bybit accounted for over $1.53 billion in losses.

According to PeckShield, the total losses in Q1 reached $1.63 billion, with January’s losses adding another $87 million. When compared to the numbers from May, it already seems that crypto platforms are starting to take security more seriously. While the decline in thefts is promising, it would be a mistake to become lax in security or vigilance.

Hackers are always improving their strategies, and new attack vectors are likely to surface as the space grows. Smart contract platforms must continue to perform security audits, bug bounty programs, and formal verification.

Meanwhile, end users should be on high alert, especially when interacting with lesser-known defi protocols or investing in new tokens.

The Cetus exploit shows that even major platforms can fall victim to a single vulnerability.  However, the fast response shows that damage can be controlled, if the right tools are in place.

May 2025 proved that the crypto space is far from winning its fight against hackers. While the total value stolen has declined so far, the industry cannot afford to let its guard down.

The crypto community, from developers to investors, must treat security not as an afterthought, but as a major part of innovation.

France Convicts 25 More People Over Paris Crypto Kidnappings

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  • French authorities have charged 25 individuals, many of them teenagers, in connection with a series of coordinated kidnapping attempts in Paris.
  • The investigation intensified after a failed daylight abduction attempt on May 13 against the daughter and grandson of Paymium CEO Pierre Noizat.
  • The suspects, aged 16 to 23, were reportedly lured into the criminal ring with promises of fast money.

A sweeping crackdown has shaken the French crypto community. According to reports, authorities have charged 25 individuals, many of them who happen to be teenagers, in connection with a coordinated series of kidnapping attempts against crypto industry figures and their families.

The case has exposed just how vulnerable crypto entrepreneurs are becoming, and just how bad crypto crime is becoming, especially when leaning towards real-world violence.

High-Profile Abduction Attempts

The investigation is centred around a recent failed kidnapping attempt on May 13th on the streets of Paris. During this incident, masked attackers targeted the daughter and grandson of Pierre Noizat, the CEO of crypto firm Paymium, in broad daylight in the city’s 11th arrondissement.

The kidnapping attempt on the Noizat family | Source: X

The incident was captured on video and widely shared online, in what appeared to be four masked individuals physically assaulting the victims, who sustained minor injuries.

Authorities later revealed that this wasn’t the attackers’ first attempt. The same family had been targeted a day earlier in an unsuccessful abduction, and another similar operation was prevented near the city of Nantes just days later.

It was later discovered that these weren’t single events but rather part of a more disturbing pattern. In fact, police say the attackers had planned multiple kidnappings, some of which were thwarted before they could be executed.

The victims appeared to be selected based on their connections to the crypto space, in a sign of just how appealing digital asset holders have become to criminal elements.

Young Suspects and Grave Crimes

What makes this case particularly disturbing is the age and background of those arrested. The 25 individuals charged range in age from just 16 to 23.

Eighteen of them are now in pre-trial detention, while three have requested delayed hearings and four remain under judicial supervision. Among the suspects are six minors.

Most of them were born in the Paris region, but others hail from places such as Senegal, Angola, Russia, and Châtellerault. Many were reportedly lured into the kidnapping ring with promises of fast money, and were likely recruited via social media platforms where criminal recruiters prey on young users.

Nationwide Manhunt and Anti-Gang Operations

The investigation became even more heated after a series of coordinated police raids on May 27 across the Île-de-France and Loire-Atlantique regions. It was led by the Brigade de Répression du Banditisme and resulted in the mass arrest of suspects believed to be involved with the Crypto kidnapping ring.

So far, authorities are treating this as a larger criminal conspiracy. Although those arrested include foot soldiers and logistical coordinators, police say the real masterminds behind the operation are still on the loose.

Investigators suspect that a much larger criminal network is at play, likely with a single person at the top. This organization recruits operatives online and employs stolen vehicles or fake courier uniforms to carry out their plans.

So far, these kidnappings have not led to any fatalities, but officials warn that this might change at any time. The fact that criminals are now willing to attack individuals and their families in broad daylight shows a disturbing escalation in organized crime tactics.

Crypto Wealth Under Threat

This isn’t the first time France has seen such attacks. Earlier this year, David Balland, the co-founder of Ledger, was kidnapped alongside his partner.

Another abduction on May 1 targeted the father of another crypto entrepreneur. Within the same month, three Florida teenagers allegedly drove a man more than 70 miles to a remote desert area after attacking him on his way home from hosting a crypto event in Downtown Las Vegas.

The victim was coerced into giving up the passwords to his crypto accounts, from which $4 million was stolen. As crypto gains more adoption, its notable users and founders are becoming more and more attractive as targets for extortion, theft, and now physical violence.

The rise of blockchain transparency is beneficial for open finance. However, it is slowly becoming the ultimate tool for tracking and identifying wealthy wallet holders. In the wrong hands, this information can very quickly become a roadmap for crime.

Bitcoin Relief Rally Ahead? Whale Shorts Decline Sparks Optimism

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Key Insights

  • Whale short positions drop sharply, signaling reduced sell pressure and a shift in large investor sentiment.
  • Bitcoin holds key support between $96.9K and $104.2K, supported by short-term holder realized price data.
  • Exchange reserves have fallen by 668K BTC since November 2024. This highlighted continued accumulation across long-term investors.

After a large drop in whale short activity and continued exchange reserve outflows, Bitcoin looks set for a relief rally. On-chain strength continues to support market structure. However, weak retail interest could hold back any aggressive upside.

Whale Shorting Declines, Changing Sentiment Dynamics

This week, Bitcoin whales have pulled back from heavy shorting activity, a notable change in market sentiment. This eases off bearish positioning by large holders. It reduces downward pressure and stabilizes price action around current levels.

Bitcoin whale position sentiment | Source: Alphractal
Bitcoin whale position sentiment | Source: Alphractal

Whales have a lot of influence on the market, and their early positioning often dictates the direction of the bias. It usually means that their short exposure is weak, and they will likely turn neutral or bullish.

This is a sign of lower conviction in downside continuation, hence room for price consolidation or recovery. Moreover, the market has reacted positively by holding above $104,000 despite the broader uncertainty.

This stabilization above key technical support reflects improved confidence among participants. However, Bitcoin must reclaim the $107,500 resistance level convincingly to confirm a trend change and trigger additional bullish momentum.

On the 4-hour chart, price is consolidating inside a descending channel pattern. Technicals suggest a target of $117,000 if bulls can keep the pressure, break out of the channel, and flip $107,500 into support.

However, a failure to hold above $103,500 would invalidate the setup and could turn control back over to sellers.

Falling Exchange Reserves Point to Continued Accumulation

Another bullish trend is seen via ongoing accumulation as centralized exchange reserves continue to decline, as on-chain data shows. From November 2024, over 668,000 BTC have been drained from exchange wallets. As a result, the total supply on exchanges is down to just 2.43 million BTC.

Bitcoin exchange reserve | Source: CryptoQuant

Lower reserves mean investors are moving coins to cold storage for long-term holding. At scale, this decreases the size of the available supply to trade, especially when there is little new issuance. This just adds to the scarcity narrative that has often been the case in major Bitcoin bull runs.

This does not mean supply has been exhausted, but it does indicate reduced sell-side liquidity. This means price is more sensitive to demand spikes.

In short, fewer coins on exchanges means less demand is needed to increase prices. At the current price, buying the entire available supply would cost over $253 billion.

Much of this trend is likely driven by institutional participants as ETFs and other vehicles increase Bitcoin exposure. However, retail momentum is still missing, which is holding back any breakout for now.

Support Holds Firm, But Public Interest Stays Muted

Bitcoin is trading near all-time highs, but it still doesn’t have strong public engagement. Bitcoin search interest on Google Trends is at just 17 points.

It is the same level seen when the asset was trading at $17K in late 2022. The same interest is seen as during its bear market lows.

Bitcoin Google Trends | Source: Alphractal

The disconnection between price and public interest calls into question the robustness of retail participation. Returning to search volumes and online attention, they have historically spiked ahead of major price tops and retail FOMO phases.

The lack of that now implies the market is not overheated and could still have some room to run. Key on chain levels continue to provide support.

Realized prices for short-term holders (1 week to 6 months) fall into the $96,900 to $104,200 zone. These are psychological benchmarks, as traders are less likely to sell at a loss, reinforcing this area as a cushion against downside.

Bitcoin support and resistance | Source: CryptoQuant

If Bitcoin can hold this support band and break above $107,500, it could generate new flows and rekindle speculative interest. Search activity has been muted, and volatility, which tends to spark public interest, has remained relatively subdued.

Bitcoin Dips Below $105k, Netting Hyperliquid Whale $100 Million In Losses

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  • Crypto trader James Wynn lost nearly $100 million on Hyperliquid via a 40x leveraged Bitcoin long position liquidated on 30 May.
  • The massive liquidation happened despite Bitcoin only dipping by less than 2%.
  • Wynn opened his over $1 billion leveraged position with just $3 million in collateral.

Something drastic happened in the hours between Thursday and Friday this week.

According to reports, a crypto trader known online as James Wynn lost close to $100 million after making a series of risky Bitcoin trades on Hyperliquid.

Considering Bitcoin’s relatively calm price movement, Wynn opened a 40x leveraged long position, which ended up getting liquidated on 30 May. Here are the details of how a single trader lost a staggering $100 million on the edge of crypto leverage trading.

A $1 Billion Bet on Borrowed Money

It all started with Wynn depositing $3 million in stablecoins into the Arbitrum-based trading platform, Hyperliquid.  He used this capital as collateral to open a 40x leveraged position on Bitcoin worth more than $1 billion.

Keep in mind that at 40x leverage, any small move in the wrong direction can result in immediate liquidation, and that’s exactly what happened.

According to blockchain analytics from Hypurrscan, Wynn first entered his leveraged Bitcoin long position at an average price of $107,993. As Bitcoin prices fluctuated in a tight 2% range, Wynn’s position came under fire, especially as he continued to pump funds into the trade rather than reduce exposure.

Death by a Thousand Cuts

While most liquidation events come after strong price drops, Wynn’s position took a different approach. Bitcoin never crashed. Instead, it slipped just under 2% to around $106,000.

However, because of the extreme leverage Wynn had used, this dip was enough to wipe out the margin.

$100 million in losses | Source: X

In total, Wynn had three major positions liquidated, including 527.29 BTC (~$55.3M) at $104,950, 421.8 BTC (~$43.9M) at $104,150, and  94 BTC (~$10M) at $106,330

In total, 949 BTC worth roughly $99.3 million were liquidated in just over 24 hours.

Interestingly, on-chain records showed Wynn had increased his position to $1.25 billion on 24 May, only days before the losses started to mount.

Big Risks and Big Mouth

James Wynn is no stranger to risky gambling in crypto. He first became popular in 2023 after successfully predicting PEPE’s price explosion before it hit a market cap of over $11 billion by late 2024. This call earned him tens of millions in profits along with thousands of followers on Twitter (now X).

However, Wynn is also known for boasting about his wins and defending his losses with cryptic posts and memes sometimes. After the liquidation, he posted a still from the 1999 movie, The Matrix, which showed Neo stopping bullets in mid-air.

Wynn continues to boast| Source|X

Earlier in the week, Wynn even described himself as an “extreme degenerate” gambler and openly admitted that he doesn’t follow any sort of risk management strategy.

“I stand to lose everything,” he wrote. “I strongly advise people against what I’m doing.”

Community Reactions To Wynn’s Loss

News of Wynn’s misfortune spread quickly across the crypto space, with another trader, “Pentoshi,” commenting that this liquidation was unlike others he had seen.

Big risks and big mouth, Source: X

He also criticized Wynn’s online behavior, saying,

According to Hypurrscan, he still holds an open 40x leveraged position, which is sitting at an unrealized loss of $3.4 million. This means that after losing nearly $100 million, Wynn is still rolling the gambling dice.

Overall, it is worth noting that crypto will always attract risk-takers, and some will win big while most might lose. Wynn’s loss stands as a major example of how dangerous high-leverage bets can be, even in relatively stable markets.

Average ETH ETF Investor Trading At A Loss, Glassnode Says: Here’s What This Means

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  • Average ETH ETF investors are currently facing unrealized losses of around 21%, according to Glassnode.
  • ETH’s price has dropped from ~$3,536 at its U.S. ETF launch in July 2024 to around $2,600.
  • The reintroduction of U.S. trade tariffs mostly contributed to Ethereum’s price decline, with ETH hitting a yearly low of $1,472.

Ethereum investors who jumped into the market through the spot ETFs from BlackRock and Fidelity are now facing massive losses. Ethereum is currently struggling to stay above $2,600, and according to Glassnode data, the average ETF investor is currently nursing unrealized losses of around 21%.

Despite recent gains on ETH and a small rally from last week, bearish technical indicators show a disturbing future for Ethereum’s price action. Here’s what to keep in mind.

Ethereum ETFs Leave Investors “Substantially Underwater”

When the spot Ether ETFs launched in the U.S. in July 2024, there was much fanfare.

Big names like BlackRock and Fidelity were in on the action and on launch day, ETH was trading around $3,536. At the time of writing, however, it was hovering near $2,501. This means that investors who bought in early are facing heavy losses.

Massive investor losses | Source: Glassnode

According to a May 29 report by Glassnode, the average cost basis for BlackRock’s Ethereum ETF is around $3,300, while Fidelity’s average entry point is even higher at $3,500.

With ETH currently down over 25% from those levels, most ETF investors are “substantially underwater.”

Glassnode notes that outflows from these funds started to become serious whenever Ethereum’s spot price dipped below those average entry points. This was especially noticeable in August 2024, as well as in January and March of this year.

Trade War Fears and Political Pressure

One major event that contributed to Ethereum’s downturn was the reintroduction of trade tariffs.  On February 2nd, ETH was trading above $3,000. However, just days later, US President Donald Trump signed an executive order that imposed heavy tariffs on imports from China, Canada, and Mexico.

The market reaction was severe, and risk assets (including cryptocurrencies) fell heavily as investors pulled capital out in a panic. On April 9th, the day Trump’s tariffs officially went into effect, Ethereum had crashed to its 2025 low of $1,472.

While the rest of the crypto market has somewhat recovered from that low, ETH’s price has not rebounded enough to bring these ETF investors any comfort.

Recent Inflows And Possible Stabilization

Despite the gloomy picture, there are signs of incoming interest in Ethereum ETFs. For example, since May 16, these assets have seen nine consecutive days of inflows worth $435.6 million.

Ethereum ETF inflows | Source: Farside

Analysts believe this change is due to sentiment from the easing of trade war concerns. On May 28th, a U.S. federal court blocked major parts of the tariff policy, in a development that massively boosted investor confidence.

Still, the effects of the Ethereum ETFs on the rest of the market are limited. According to Glassnode, these ETFs accounted for just ±1.5% of Ethereum’s total spot trading volume at launch.

Even during peak growth in November of last year (amid Trump’s re-election), the volume share rose only slightly above 2.5% before declining again.

ETH Faces Major Downside Risk

From a technical standpoint, Ethereum’s current price action appears bearish. In the last 24 hours, ETH around 1%, after sliding back toward the $2,500 mark. This decline came after the cryptocurrency failed to hold itself above $2,780.

Ethereum’s price performance|Source|TradingView

Ethereum has also broken below its 7-day Simple Moving Average, which shows short-term control by bearish traders. The Relative Strength Index (RSI) has dipped below the neutral 50 level on the hourly timeframe, while the MACD indicator is firmly in bearish territory.

In essence, both of these show that momentum is tilting downward. Investors should note that Ethereum’s current price action is largely ranging between two important price levels.

Price levels to watch on ETH | Source: TradingView

Immediate resistance lies at $2,625, followed by stronger hurdles at $2,650 and $2,720. If ETH can break above $2,720, it could aim for higher targets at $2,880 or even $2,950.

On the downside, if support around $2,600 fails, ETH could retest the $2,500 and $2,440 zones.

Will Solana Hit A New ATH As SOL Strategies Adds 420K SOL?

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  • Solana Strategies now holds 420K SOL after investing $4.7M this week, fully exiting its Bitcoin position
  • Upexi adds 77,879 locked SOL at $151.50, gaining $2.1M as current prices hover near $178
  • Solana leads in active addresses and revenue while attracting major corporate treasury interest

Institutional backing for Solana (SOL) is growing stronger as major firms pour millions into the network, as market confidence rises. This week, SOL Strategies added 26,478 SOL to its treasury, bringing its total SOL holdings to 420,355 SOL, or nearly $100 million.

A wave of corporate investments followed, and Upexi was the next to follow with a discounted SOL purchase worth $11.8 million. Solana dominates usage metrics, and these moves signal that a new all-time high could be approaching this summer.

Firms Deepen SOL Exposure, Exit Bitcoin Positions

This week, SOL Strategies confirmed the acquisition of 26,478 SOL for $4.7 million, moving its treasury fully into Solana. All Bitcoin holdings have been exited, and the firm holds 420,355 SOL, worth roughly CAD $100 million. It is in alignment with its long-term strategy of validator growth and ecosystem participation.

 Source: X

Moreover, a U.S. based consumer product company, Upexi bought 77,879 locked SOL at $151.50 per token for a total of $11.8 million.

As of writing this, their total SOL holdings are 679,677, worth $121.2 million, and they are very bullish on Solana’s future.

Additionally, the DeFi Dev Corp invested more than 600,000 SOL (worth about $100 million) into its treasury diversification plan. As motivators, the company pointed to Solana’s scalability, cost efficiency, and growing DeFi and meme coin activity.

These large inflows reflect increasing institutional conviction that Solana will be a long term competitive chain.

On-Chain Growth Supports Bullish Price Structure

In the blockchain sector, Solana is still the leader in network activity with 91 million monthly active addresses.

While writing, it had a 40.3% market share of Layer 1 blockchains, more than double that of NEAR Protocol and far ahead of Ethereum’s 6.7 million active addresses. This growth has been steady for several months and is increasing real-world usage.

Solana active addresses (monthly) | Source: token terminal
Solana active addresses (monthly) | Source: token terminal

Revenue generated by Solana-based apps also paints a bullish picture. Meme coin platform Pump.fun, which runs on Solana, made $1.21 million in 24 hours, more than Ethereum’s $934,987.

Other Solana-based apps, such as Jupiter and Phantom, also made the top revenue generators, which helped bolster the sentiment for the network.

Some participants are rotating capital within the ecosystem, even as activity spikes. The latest in a series of over 3.49 million SOL moved, Pump.fun deposited 156,425 SOL worth $25.74 million to Kraken.

This includes the sale of 264,373 SOL for $41.6 million USDC at $158, which indicates both liquidity and demand are strong.

Price Chart Reflects Breakout Potential Ahead of Summer

In addition, Solana’s technical setup is also bullish and continues to show bullish continuation as the current price breaks above key resistance near $220.

With consistently higher highs and higher lows on the 3-day chart, Solana’s technical setup suggests a bullish breakout is possible. At press time, SOL was trading at around $155.3 and was heading towards key resistance at the $178–$180 zone.

A breach of this level with strong volume would see the next major resistance near $260, the last hurdle before a retest of the all-time high.

The volume data shows the growing interest, as accumulation patterns follow each correction. The buyers kept stepping in at support zones and turning the resistance into solid bases for the next leg up. Analysts say if buying pressure holds, the next breakout target could reach or exceed $300.

Higher user activity, greater on-chain revenue, and lower transaction fees are all indicators that Solana is gaining competitive strength against Ethereum.

Solana’s ability to handle up to 2,600 transactions per second was noted by DeFi Dev Corp in its recent interview, a key advantage over Ethereum’s more limited throughput. That comparison is sparking broader conversation about Solana’s long-term market share.

Will Ethereum Skyrocket As Whales Add Over 1M ETH In 48 Hours?

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  • Ethereum ETFs see $435M inflows despite losses, with major funds averaging cost basis well above current price.
  • Whales add over 1 million ETH in 48 hours, signaling renewed confidence amid price consolidation.
  • SEC confirms solo and self-custody staking are not securities, boosting Ethereum’s regulatory outlook.

In the past 48 hours, Ethereum addresses holding between 100,000 and 1,000,000 ETH have added more than one million ETH. The asset was trading above $2,480 at the time of writing.

Meanwhile, ETF inflows have resumed, and the SEC has made clear that solo and self-custody staking are not securities. If ETH breaks the $2,720 resistance level, it could pave the way for higher price levels.

Whales Load Up Over 1M ETH as Technical Breakout Looms

According to on-chain analytics from Santiment, large Ethereum wallets have added more than one million ETH in just 48 hours.

The buying pressure comes as ETH trades within a clear ascending triangle pattern on the daily chart. Bulls are trying to break above the $2,720 resistance while price holds support near $2,480.

Source: X

A breakout of this level with enough volume could see Ethereum rally to $3,000 in the short term and $3,600 by mid-June.

Source:X
Source:X

Indicators indicate that selling pressure is reducing, and the chart structure continues to show higher lows and strong base formation. This view is supported by bullish positioning in derivatives, with $1.67 billion of open interest and a put/call ratio of 0.83.

Meanwhile, Ethereum’s exchange reserves are near record lows, indicating continued withdrawal of assets from trading platforms.

This supply trend decreases the amount of selling pressure available and is usually viewed as a bullish indicator. It seems that smart money is stacking ETH for the next market leg.

Regulatory Clarity on Staking Strengthens Ethereum’s Foundation

The U.S. Securities and Exchange Commission (SEC) gave Ethereum a huge regulatory boost by clearing up its stance on Proof-of-Stake.

Solo staking, self-custody staking and agent staking are not securities, the agency confirmed. The only thing that is still under review is staking as a service, mostly provided through centralized exchanges.

Ethereum and the wider staking ecosystem see this as a major win. It takes the regulatory uncertainty away from individual stakers and supports the decentralization ethos of the network. This means more ETH would be locked in staking contracts, which would further constrict liquid supply.

The announcement has already begun to change sentiment, particularly among long-term holders who now have fewer compliance risks. Given that staking rewards continue to remain competitive and accessible, Ethereum’s network security and participation rates may continue to grow. This also supports ETH’s use case as a yield generating asset.

ETF Flows Rebound Despite Smart Money Losses

Over the past nine days, U.S. Ethereum ETFs have seen net inflows of over $435 million, reversing earlier outflows. Even though top funds like BlackRock and Fidelity are holding ETH at an average cost basis above current prices, this signals renewed institutional interest.

According to Glassnode data, BlackRock’s average entry was $3,300, Fidelity’s was $3,500 and ETH was $2,620. These institutions are 20–25% in the red and have not exited their positions, but instead added more exposure. This means being long-term convicted in the face of near-term losses.

In addition, the latest ETF chart shows that outflows only started to spike when ETH fell below these cost bases earlier in the year. Funds seem to have stabilized their allocations since the rebound.

The behaviour of this activity is similar to that of long-term retail holders, who are also withdrawing ETH from exchanges and moving to cold storage.

With whale accumulation, regulatory clarity, and institutional support converging, ETH appears to be gathering steam. If the price breaks $2,720 with follow-through, it could be the start of the next phase of Ethereum’s market cycle.

Whales Scoop Up 20K BTC As Bitcoin Slips Below $105K Amid Market Liquidations

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  • Bitcoin fell below $105K, sparking over $345M in liquidations within a single hour across the crypto market
  • Over 20,000 BTC bought by whales in 48 hours as large holders increase accumulation despite volatility
  • Demand growth is slowing, but capital inflows remain near peak bull market levels at $1.8B daily

The crypto market saw a wave of forced liquidations across leveraged positions after Bitcoin briefly dropped under $105,000. However, as retail traders were rapidly losing money, whales came in hard and bought over 20,000 BTC in just two days.

This contrast in behaviour highlights the market’s evolving structure, as short-term volatility continues while large-scale capital inflows and whale holdings persist. Long-term accumulation remains a key support factor for Bitcoin, despite cooling demand growth.

Bitcoin Drops Below $105K, $345M Liquidated in Just One Hour

Bitcoin’s sudden fall below $105,000 caused market turmoil on the spot, with $345 million in crypto liquidations within 60 minutes.

Major cryptocurrencies like Ethereum, Solana, and XRP all posted sharp intraday losses. Margin calls accelerated across exchanges, hitting the hardest overleveraged long positions.

Source: X

The drop also featured one major event, the liquidation of a high-leverage whale trading at 40x exposure. As the price dropped below the crucial $105,000 mark, this whale lost 949 BTC, or $99.3 million.

Source: X
Source: X

However, the flash crash did not break Bitcoin’s 4-hour chart out of a rising wedge pattern. Near the lower trendline, the price rebounded, which may indicate a technical support zone.

Bulls will have to defend this range and reclaim $110,000 to reenter the picture of upside targets like $117,000.

Whales Accumulate 20,000 BTC During Market Dip

While retail traders were shaken by the decline, Bitcoin whales took advantage of the pullback to add over 20,000 BTC in just 48 hours.

The selling was broader, suggesting that this accumulation was part of a strategic entry by large investors who saw the dip as a good buying opportunity. Santiment data tracked the move, as the number of addresses holding 100–1,000 BTC increased.

Source: Santiment

These whales now hold a total of 4.71 million BTC, which has been growing steadily over the past few weeks.

Whale balances increased by 2.8% month over month, which confirms the previous accumulation phases before major rallies. Price volatility notwithstanding, the ongoing buildup shows strong conviction from long-term holders.

Also, the pattern of accumulation is consistent with the notion that institutional participants are gradually accumulating. Despite fragile short-term retail sentiment, large wallets look confident about Bitcoin’s medium- to long-term outlook.

Capital Inflows Remain Strong Though Demand Growth Slows

Demand growth has slowed, but overall capital inflows into Bitcoin are historically robust. The network saw an average of $1.8 billion in net capital flow per day, a level last seen during the 2021 bull run when Bitcoin was priced around $64,000. There was no sign of a structural retreat in these inflows, which reinforce overall resilience.

Bitcoin Net Capital Flows | Source |CryptoQuant

Looking at historical data, we see that peak capital inflows were $3.6 billion at $73,000 and $4.5 billion at $92,000 in earlier phases of this cycle.

With current levels now holding firm near $1.8 billion, the market is consolidating strength after rapid expansions. But metrics show the rate at which demand is growing is starting to slow.

Bitcoin Demand | Source: CryptoQuant

From December 2024 to May 2025, Bitcoin’s 30-day apparent demand fell from 279,000 BTC to about 229,000 BTC. This is still positive, but the decline suggests that investor appetite is starting to slow a bit.

Whale holdings also grew by 2.8% this month, the same rate seen before previous local tops, which has led some to ask if another consolidation phase is coming.

Despite this, price structure is still intact, backed by capital inflows, whale activity, and key technical patterns. So long as the ascending trend channel holds, major holders are keeping Bitcoin’s downside risks in check.

SUI Price Up 55% as Monthly DEX Volume Hits All-Time High

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  • SUI price records $13.59B in monthly DEX volume, marking its all-time high despite a 39% weekly volume decline.
  • SUI leads major crypto assets with a 55.54% price gain over the past two months, outpacing ETH, SOL, and BTC.
  • Daily active users and core developer activity decline, even as Sui commits $10M to ecosystem audits and support.

Layer 1 performance charts have been led by SUI, which has surged 55.54% over the past two months, beating Ethereum, Solana and Bitcoin. The protocol also hit an all-time high in monthly DEX volume at $13.59 billion, which coincides with this price rally.

However, the price and the liquidity metrics of the token are still strong, but the daily user activity and core developer contributions are decreasing. The network is now facing both growth and security challenges, and on-chain data and recent ecosystem updates suggest a mixed outlook.

SUI Tops Crypto Price Performance While DEX Volume Hits Record High

Between March 31 and May 29, 2025, SUI rose 55.54%, outperforming ETH (44.34%), SOL (33.61%) and BTC (28.15%).

Price change | Source: Artemis

Meanwhile, Sui’s monthly decentralized exchange (DEX) volume shot up to an all-time high of $13.59 billion, while weekly volume fell by 39.41%.

The daily DEX volume also stood at $403.82 million, which proved that the market was active despite volatility.

Source: DefiLlama

SUI’s price climbed as high as $3.59 before retracing to $3.2, which is an over 9% intraday drop. Moreover, according to CoinGlass data, open interest also fell 10.42% to $1.56 billion, and long/short ratio decreased to 0.9516, showing some bearish pressure.

Trading volume, however, increased 42.27%, indicating active market participation at these price levels.

Source: X

The correction was not enough to reverse the bullish structure, as chart data shows a pattern of impulsive rallies followed by consolidation phases.

If the token continues its consolidation trend, the current zone around $3.30 could act as support. Sentiment has changed and analysts are still watching to see if SUI will continue its uptrend or retrace further.

On-Chain Activity Weakens as Developer Engagement Slows

Price and liquidity surged, but Sui’s daily active addresses plummeted from over 1.7 million in April to 315,000 in late May.

Sui daily active addresses | Source: Artemis

This is a visible drop in user engagement over the past month, which is worrying for sustained usage. At the same time, the number of core developers dropped from over 120 to 82 weekly contributors according to data from Token Terminal.

Sui weekly average core developers | Source: Token Terminal
Sui weekly average core developers | Source: Token Terminal

The recent increase in early 2025 was followed by this drop in developer participation, which may be seasonal or project-specific.

However, fewer active developers usually means slower feature deployment and ecosystem expansion. Reduced users and developer slowdown combine to create uncertainty about Sui’s long-term network momentum.

The Sui Foundation responded by announcing $10 million in additional support for builders, including co-sponsored audit grants for major protocols.

This is an initiative to improve code security and encourage development on the Move-based chain. It also shows the network’s attempt to keep trust after a large security incident.

Governance Vote and Cetus Exploit Prompt Security and Governance Action

On May 30, Sui Foundation called a governance vote on the recovery of stolen assets associated with the Cetus exploit. A majority of 90.9% of staked tokens voted ‘Yes’ in favour of moving impacted funds to a multi-signature wallet. The vote had over 50% turnout and majority approval and met all requirements.

Cetus Protocol had earlier confirmed that an attacker stole about $223 million in user funds. The team was able to pause $162 million of the stolen assets, and recovery efforts continue with help from the Sui Foundation.

The attack is under investigation, and a full incident report is pending, but the attack prompted tighter scrutiny on protocol-level security.

In response to the breach, Sui has pledged to conduct deeper audits and provide more oversight for big, community-relevant protocols. These moves are meant to increase user confidence and long-term resilience.

Additionally, new DeFi protocols like Kai Finance are gaining traction with the project doubling its TVL to $40 million and providing 25% of USDT–USDC liquidity on Bluefin.

XRP Price Prediction: Rally To $12 Amid These Bullish Indicators

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Key Insights

  • XRP price tests $2.42 resistance in a bullish falling wedge, aiming for a 48% gain to $3.40.
  • XRP ETF approval odds rise to 84%, boosting institutional interest and price potential.
  • Despite short-term bearish MACD, XRP’s RSI and volume signal growing buying momentum.

XRP’s price action is drawing attention as several technical signals suggest a possible rally toward $12. The cryptocurrency is approaching critical levels that could trigger strong buying momentum.

Traders and analysts are watching chart patterns and market activity closely, looking for signs that XRP can break out from its recent consolidation and push higher.

Technical Setup Shows Potential for Breakout for the XRP Price

XRP is currently testing the upper boundary of a falling wedge pattern, a chart formation often associated with bullish reversals.

This pattern forms as two trend lines converge, connecting lower highs and lower lows, which indicates weakening selling pressure. The resistance near $2.42 is key, as a break above this level could lead to a rapid price increase.

The relative strength index (RSI) has risen from oversold levels near 31 to 47, suggesting growing bullish momentum.

However, XRP needs to maintain support at $2.20 and clear resistance zones between $2.60 and $2.80 to confirm the strength of the upward move. If these levels hold, traders may see the price target around $3.40, which represents a 48% increase from current prices.

XRP Price
Source: TradingView

A pseudonymous trader known as Cryptowzrd noted, “$XRP closed indecisively and is still maintaining a falling wedge formation.” The trader added, “A breakout of this wedge will push markets toward the $2.80 resistance. Above that resistance, we will eventually get to a new all-time high.”

Market Indicators Reflect Mixed but Optimistic Sentiment

On a short-term basis, XRP shows signs of bearish momentum. The MACD line is below the signal line, and the RSI near 34 indicates the price may be close to an oversold condition. Despite this, trading volume has increased by over 35%, which signals strong market activity and could precede a price reversal.

Open interest in futures has declined by 10%, suggesting some traders are closing positions, while options volume rose by 22.57%, indicating growing interest in options markets.

The long/short ratio varies by platform, with Binance showing a strong preference for long positions at 3.31 and OKX at 2.47. This reflects confidence among many traders that XRP will gain value.

Source: CoinGlass

Liquidations show a large number of long positions were closed in the last 24 hours, but the dominant sentiment remains bullish. Long liquidations totaled nearly $29 million while shorts accounted for under $400,000, suggesting some profit-taking but continued optimism in overall market direction.

Spot XRP ETF Review Could Influence Price Action

The U.S. Securities and Exchange Commission (SEC) has started reviewing the spot XRP ETF application filed by WisdomTree XRP Trust. The review period includes a 21-day public comment phase and a 240-day timeline for the decision. Approval of this ETF would allow investors to gain exposure to XRP without holding the asset directly.

The ETF would track XRP through the CME CF Ripple-Dollar Reference Rate, offering a regulated product for institutional and retail investors. Polymarket currently places the odds of approval by the end of 2025 at 84%, an increase from 63% in late April. Bloomberg ETF analysts also predict an 85% chance of approval after changes in SEC leadership.

If approved, the ETF could unlock large institutional capital, potentially pushing XRP’s price higher. Some market experts suggest prices could rise to $3-$8 initially, with longer-term estimates reaching up to $50 if major asset managers participate.

Long-Term Chart Patterns Suggest Strong Growth Potential for XRP Price

According to the weekly XRP/USD graph, the cryptocurrency has finally ended its long period of unchanging prices. Economic history shows that after a major resistance level was breached, prices jumped sharply. A recent break above the descending resistance line could show the start of a new upward trend.

After breaking out and returning to test the same level, XRP now trades a little bit over $2.38. If we look at historical trends such happenings come before long, strong rallies. Analysts expect prices may increase past $40 due to the data.

Source: X

According to analysts, XRP is entering a period that could lead to impressive gains. With new releases, higher trading activity and raised interest, this combination forms the basis for an expected rally potentially reaching $12 or more in the coming months.

Uniswap Price Prediction: Will UNI Price Hit $50 Soon?

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Key Insights

  • UNI broke a long-term downtrend, now consolidating around $7.70, signaling possible bullish momentum ahead.
  • Uniswap’s $4.5B market cap and strong volume support its recent breakout above resistance near $7-$10.
  • Layer 2 migration aims to cut fees, boost usage—potentially driving UNI demand and price growth.

Uniswap (UNI), one of the largest decentralized finance (DeFi) protocols, has attracted significant attention with its recent price movements. After breaking above a long-term downtrend, UNI’s price shows signs of a possible sustained rally.

Investors and analysts are closely monitoring whether the token can reach new highs, with $50 often cited as a critical target. This report covers recent price action, market trends, and factors influencing UNI’s potential growth.

Market Metrics and Trading Activity Support Positive Sentiment

The market capitalization of Uniswap is approximately $4.58 billion, reflecting its role as one of the leading decentralized finance (DeFi) platforms.

Recent trading volume has been strong, with over $880 million in daily transactions, suggesting active participation among investors and traders.

Liquidity remains robust, and the circulating supply of UNI tokens is about 628 million, which helps maintain price stability. The fully diluted valuation stands around $6.44 billion, reflecting the total market value if all tokens are in circulation.

Source: CoinMarketCap

Volume trends and order book data indicate buyers and sellers are balanced near current price levels, with slight buyer dominance after the breakout. This could support a steady price increase if buying pressure sustains.

Technical Indicators Showing Positive Momentum Building for the Uniswap Price

The price chart of Uniswap reveals important technical developments. The breakout above the descending resistance line is a pivotal event. This technical shift suggests bullish momentum could sustain if the price remains above this trendline.

Moving averages currently show mixed signals. The 9-day simple moving average (SMA) acts as a dynamic support near $7, helping to stabilize price during pullbacks. The Relative Strength Index (RSI) remains near neutral levels, suggesting the market is neither overbought nor oversold.

Source: TradingView

A potential price target of $62 is indicated on some charts, based on measured moves from the breakout pattern. However, this target requires confirmation through sustained buying pressure. The $10 resistance level is an immediate hurdle, with traders watching volume and momentum for clues about further gains.

Price consolidation in the $7-$10 range could build the base for a higher rally. The Moving Average Convergence Divergence (MACD) indicator shows signs of weakening bearish momentum, which could favor a renewed upward trend if positive crossover occurs.

Factors Influencing UNI Price Growth

Several fundamental factors contribute to Uniswap’s potential price growth. The protocol continues to lead in DeFi trading volume and innovation. Uniswap’s recent revenue reports indicate strong platform usage, which may attract more investors.

The migration of Uniswap activity from Ethereum Layer 1 to Layer 2 solutions is an important development. This shift aims to reduce transaction fees and improve scalability, making the platform more efficient and user-friendly. Such upgrades may boost demand for UNI tokens as the protocol expands its user base.

In addition, ongoing development funding through grants and ecosystem support strengthens the protocol’s position. Partnerships and integration with other blockchain projects may also enhance Uniswap’s growth prospects. Market sentiment remains cautiously optimistic as the project maintains leadership in decentralized exchanges.

Regulatory developments remain an external factor that could influence UNI price. While the current regulatory environment appears stable, future changes could impact investor confidence and market dynamics.

Price Outlook and Investor Considerations

Reaching $62 would be great for prices, but it also implies increased risk. It helps to look at how price acts at significant support and resistance areas. In order to confirm a rally, we must see higher highs and higher lows on the charts.

After sharp market gains, it is common to see prices drop, as people choose to take profit. Before opening any trade, investors need to check the market liquidity and how many assets are being traded.

The price going over the long-term downtrend line is taken positively by technical analysts. At the same time, what happens in the global economy and the crypto sector will also shape UNI’s direction.

ETH Sees $84.9M ETF Inflows As Institutions Buy The Dip

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Key Insights:

  • Ethereum ETFs pulled $84.9M in inflows on May 28, signaling rising institutional demand.
  • ETH leads RWA tokenization with $11.65B, far ahead of other chains.
  • Over 600M transactions processed across the Ethereum ecosystem in May, led by Base and World Chain.

Ethereum is still attracting institutional capital, with $84.9 million in ETF inflows on May 28, led by BlackRock’s iShares. Meanwhile, Ethereum still holds the top spot in the real-world asset (RWA) sector, with $11.65 billion locked in value. Investor confidence also seems to be growing as activity across Layer 2s speeds up.

On-chain engagement remains robust, with over 600 million transactions processed this month across Ethereum-linked networks. Institutions are strategically positioning in ETH as tokenisation, staking, Layer 2 growth acceleration, and ETF flows and adoption continue to increase.

ETF Inflows Hit $84.9M as BlackRock Leads Accumulation

On May 28, Lookonchain data shows that Ethereum ETFs had net inflows of 30,183 ETH, worth $84.9 million. The group was led by BlackRock’s iShares Ethereum Trust, which held 19,977 ETH or over $53 million in a single day. Bitwise and Fidelity came in second and third with 1,098 ETH and 9,740 ETH inflows, respectively.

eth price
Source: Lookonchain

ETH has remained above $2,600 which is indicative of strong institutional conviction as these inflows came in the face of market volatility.

However, Grayscale’s Ethereum Trust and Galaxy’s QETH reported small outflows, suggesting a preference for lower fee ETFs. Now, the total Ethereum ETF holdings are over 3.6 million ETH, which is worth about $9.56 billion.

Institutional participants are buying the dip and the broad based demand signals that they think ETH is undervalued in this cycle.

In addition, the fresh capital flowing into Ethereum ETFs is one of the strongest daily inflows since their approval. This is a trend that shows renewed interest in ETH’s long term potential.

Ethereum Expands Lead in Real-World Asset Tokenization

According to data from rwa.xyz, Ethereum still commands a large lead in the RWA space, with over $11.65 billion of tokenized assets on chain.

Emerging ecosystems such as Stellar, Solana and Polygon account for a small fraction of the RWA market, but it is the majority. This shows how Ethereum is the infrastructure backbone for institutional grade asset tokenization.

ethereum price
Source: X

An Ethereum Layer 2, ZKSync Era, has over $2.2 billion in tokenized RWAs and has seen rapid adoption within the scaling ecosystem. Ethereum and its L2s are together the largest venue for tokenized government bonds, real estate and treasuries. This dominance backs the long term thesis of Ethereum as a financial layer.

Ethereum is still the preferred RWA platform because it is secure, liquid and compatible with the regulatory frameworks.

Its architecture is being integrated into financial institutions to issue and trade tokenized assets efficiently. This comes as traditional markets are being brought on chain more broadly.

On-Chain Activity Surges as L2 Networks Scale

Meanwhile, in May, Ethereum’s broader network processed more than 600 million transactions, largely thanks to high-throughput Layer 2 chains.

In the past 30 days, Base recorded 273 million transactions, a 344% increase year over year. Starknet and Unichain also saw explosive growth, with World Chain following with 35.25 million transactions.

This activity surge is indicative of growing user adoption of Ethereum’s Layer 2 solutions, which provide faster and cheaper transactions.

Ethereum’s shift towards modular execution is supported by strong growth across multiple chains that are contributing to the scalability narrative. ETH-linked networks are starting to become the place where developers and users are both gravitating towards for real-world applications.

Along with renewed bullish sentiment from institutional traders, the sustained rise in transaction volumes is a good sign. The momentum was further added by an ETH whale opening a recent $22 million long position.

Breakout Structure and Treasury Demand Boost Price Outlook

ETH recently broke out of a consolidation pattern and confirmed a bullish flag formation according to technical analysis.

Support is now building at $2,600 and chart projections now target $3,814 as the next intermediate price level. This setup represents growing confidence in Ethereum’s medium term strength.

eth etf
Source: X

At the same time, corporate treasuries have been paying attention to Ethereum. On Monday, SharpLink Gaming announced a $425 million fundraise to acquire and stake ETH. MicroStrategy’s Bitcoin play is mirrored by the move, and it may be the start of ETH’s own treasury adoption cycle.

CME data shows hedge funds are still net short as Ethereum’s fundamentals improve, but asset managers are turning neutral or long. This divergence will make way for a potential short squeeze if bullish catalysts continue.

Coinbase Premium Turns Positive As U.S. BTC Demand Surges

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Key Insights:

  • BTC whale wallets (≥1k BTC) rise to 1,455 as price hits $109K, showing renewed interest from large holders.
  • Coinbase Premium Index turns positive, signaling stronger U.S. demand and institutional buying activity.
  • OTC balances fall from 486K BTC to 115K BTC, reducing available supply for off-exchange institutional purchases.

Large holders are increasing their balances again, and U.S.-based demand is showing strong signs of growth. The number of whale wallets with at least 1,000 BTC has hit a week’s high.

Coinbase’s Premium Index, which measures buying interest from U.S. investors, has also turned positive at the same time.

Whale Wallet Growth and Rising Profit Margins Point to Strong Market Conditions

Over recent weeks, the number of Bitcoin wallets holding 1,000 BTC or more has been increasing steadily. According to Glassnode data, the count of these large wallets fell slightly in late April before rising again to 1,455 entities by the end of May.

BTC number of entities with balance ≥ 1k
BTC number of entities with balance ≥ 1k | Source |glassnode

The rise came as Bitcoin’s price hit a new all-time high, climbing above $109,000. The whale wallet count remained between 1,420 and 1,445 from mid-March to early May, but the current growth indicates new accumulation by large holders.

These wallets are often linked to institutions or long-term investors, so the upward trend is probably more due to strategic buying than short-term speculation.

Traders are, at the same time, recording higher average profits. On-chain data shows that the current average profit margin for Bitcoin holders is 27%.

Bitcoin On-chain Trader Realized Price and Profit|Loss Margin
Bitcoin On-chain Trader Realized Price and Profit|Loss Margin |Source |CryptoQuant

While this is well above break-even, it is below the 40% level that, in past cycles, has been a point at which many start to sell. Bitcoin trades at around $109,239, but the realized price or the average cost at which coins last changed hands, is now about $85,949.

Since the margin has not yet hit the area where tops are commonly formed, there is still potential for more upside, provided that the current buying continues and no major sell-offs take place.

Coinbase Premium Signals U.S. Buyer Strength

The Coinbase Premium Index went positive again during Bitcoin’s latest rally. This index is the price difference between Coinbase and other major global exchanges like Binance. If Bitcoin is trading at a higher price on Coinbase, it means that U.S.-based investors are demanding to buy it.

Bitcoin Coinbas Premium Index
Bitcoin Coinbas Premium Index |Source |Alphractal

In the past few months, the premium index has been mostly negative or neutral. But it went positive during the May price rally.

The change also indicates a renewed interest of U.S. institutional buyers, which historically has added strength to upward trends. When capital inflows from the U.S. rise, the premium on Coinbase is usually a result of more trading volume and stronger spot market support.

OTC Supply Decline Points to Tightening Supply

The available supply for off-exchange trading has continued to fall as over the counter (OTC) desk Bitcoin balances have continued to fall. CryptoQuant data shows OTC balances have fallen from 486,000 BTC in September 2021 to 115,400 BTC by May 2025. This is over 4 times lower than the supply over 3.5 years.

Bitcoin OTC Address Cohort Balance
Bitcoin OTC Address Cohort Balance |Source |CryptoQuant

As the chart shows, OTC balances have been steadily declining, with an acceleration of late. At the current rate of withdrawals of about 276 BTC per day, the remaining balance could be exhausted by July 2026.

The more coins that get sold in private sales, the less available are left for the open market which becomes more important for price movement. If demand keeps going up, but supply remains limited, this could help support higher prices.

Long-Term Trend Structure Suggests Fresh Breakout

In a chart using monthly OTT bands (a trend following tool), Bitcoin just broke out of its retest range. In previous cycles, this pattern has shown up, including in 2016 and 2020, before major bull runs started.

btc price chart
Source |X

Bitcoin has repeated this pattern, according to current readings, after testing the trend line earlier this year. Large moves followed past breakouts, including the rally to $20,000 in 2017 and the surge to $69,000 last year.

If the pattern continues, it may be the early days of a longer uptrend, but that depends on demand remaining strong and supply tight.

LINK Tops Dev Activity as Multi-Year Pattern Nears Breakout

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Key Insights:

  • LINK tops dev activity charts with 2.9K commits, ahead of Eigen Layer and Synthetix, indicating growing innovation.
  • A bullish pennant since 2021 suggests a breakout could push LINK to $250 if confirmed with volume and broader market support.
  • Chainlink’s TVS exceeds $65B as protocols like Kamino, Jupiter, and TRON integrate its oracles to secure major DeFi assets.

Chainlink (LINK) is gaining attention as it leads all projects in developer activity with 2.9K commits, showing its continued innovation and expansion. Despite short-term price dips, the token is forming a long-term bullish pennant.

Meanwhile, Chainlink’s TVS has surpassed $65 billion, fueled by integrations across major protocols on Solana, TRON, and beyond. This growth in Oracle adoption underscores LINK’s expanding role in securing the DeFi ecosystem and maintaining relevance across blockchains.

LINK Faces Pullback After Pennant Setup While NVIDIA Beats Q1 Expectations

Short term volatility has returned to the market, with LINK trading at $15.34, down 3.67% over the last 24 hours. LINK has been in a strong multi-month consolidation phase, trying to break out from the $16 range. On higher timeframes, LINK has been bullish despite today’s decline.

chainlink price chart
Source | X

Analyst TimeFreedomROB has a long-term technical chart from the weekly timeframe showing LINK forming a giant pennant pattern that dates back to 2021. A breakout above the resistance trendline could indicate a measured move to $250 on the height of the previous rally.

But this pattern still requires a confirmed breakout with volume, as the price hasn’t closed above the trendline resistance.

Furthermore, Crypto Rand also posted a closer 3-day chart of LINK consolidating between $14.50 and $17.50, which forms a potential bull flag. If broader market strength returns, the consolidation appears orderly with no large wicks or panic selling, which supports the view of a continuation.

link price chart
Source |X

Meanwhile, NVIDIA has reported its Q1 FY2026 earnings. The company also beat analyst expectations, delivering adjusted earnings per share of $0.93.

Revenue hit $43.31 billion, in line with Wall Street estimates. NVIDIA guided to revenue of $45.9 billion and EPS of $0.99 for the July quarter.

Solid performance may also help inform overall market sentiment and risk appetite, which can indirectly help crypto prices, including LINK, if confidence remains high.

Developer Activity Shows Chainlink’s Growing Focus

This week, Chainlink took the lead with 2.9K tracked commits. That put it ahead of Eigen Layer (1.8K) and Synthetix (1.1K). The steady pace of development suggests that Chainlink isn’t just maintaining core infrastructure, but is also adding new features.

top project
Source |X

More code equals more functionality, and partnerships and developer activity are often a good indicator of future growth potential. And when coupled with the more than 50% increase in total value secured (TVS) in May, this becomes even more important.

Major DeFi protocols are also using Chainlink’s growing integrations. For instance, Chainlink now secures TRON’s $5.5 billion in DeFi TVL.

Moreover, Chainlink’s data services have been adopted by Solana-based protocols such as Kamino Finance ($2B TVL) and Jupiter Exchange ($2.7B TVL).

Total Value Secured Sees Broad Uptick Across Chains

In May, Chainlink’s TVS exceeded $65 billion, with strong growth on multiple chains. Others integrations with TRON, Solana and Aave were what drove the jump. At this time, Kamino Finance, the largest lender on Solana, adopted Chainlink’s oracles.

Jupiter Exchange is using Chainlink data streams in perpetual markets, and CIAN Protocol with $900M TVL has joined the ecosystem. With these additions, Chainlink becomes more relevant across DeFi and, in turn, more demanded as a core oracle layer.

total value secured
Source |DefiLlama

Meanwhile, TVS growth indicates that smart contracts are increasingly using Chainlink to access secure external data. This $65B+ figure is the total of assets supported by Chainlink-powered services and includes borrows.

Ecosystem Stability and Market Dynamics Remain Intact

Over the last month, LINK’s funding rate has been close to neutral, indicating that leverage is not overheated. Despite the price getting close to local highs, traders are showing restraint which can lessen the risk of sharp corrections.

In the interoperability sector, Chainlink has a 15.1% market share with 167 active protocols tracked. This year, market share has remained mostly stable, but the token still leads in this category by a wide margin.

Chainlink active users (daily) and interoperability
Chainlink active users (daily) and interoperability | Source |token terminal

Additionally, Chainlink’s long-term fundamentals are neutral in global regulatory debates. As a recent community post pointed out, LINK is not subject to tariffs because it is a blockchain infrastructure. Regardless of political dynamics, Chainlink’s utility may rise as nations adopt smart contracts.

Pepe Price Prediction: PEPE Nears Critical Price Zone As Market Watches H&S Pattern

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Key Insights

  • Pepe price prediction is approaching a major support of $0.00001300 that might form an H&S pattern, while key resistance is found at $0.00001550.
  • The slight move towards bullish funding indicates that traders are still unsure how the market will move.
  • The price level has moved lower than recent records without showing a significant increase yet.

PEPE, valued at $0.00001309 as of press time, has dropped by 12.82% in the past day.

 PEPE Data | Source: CoinMarketCap

With a high trading volume of $1.49 billion, the total market cap of the asset is just 27.15%, suggesting a lot of stimulated market participation.

Pepe Price Prediction Behavior and Technical Setup

The price of PEPE seems to have remained between $0.00001300 and $0.00001550 for some time. In the daily chart, we can see that an H&S pattern may develop, with its “head” at $0.00001550 and two “shoulders” at $0.00001450. The $0.00001300 area which is currently a key support, can be found at the neckline in this pattern.

PEPE 1-day Chart | Source: X

The neckline is tested daily by candlesticks which means traders are uncertain about the path the market will take. At the time of writing, the coin was trading at $0.00001396, above the neckline, as the market is not sure about going down or up.

The four-hour chart also displays conflicting signals on momentum. The 50-, 100- and 200-period Simple Moving Averages (SMA) are clustered very closely together near $0.00001173 and $0.00001405, revealing a period of consolidation.

At 23.31, the MFI reading on the four-hour chart means that the asset is not oversold anymore. However, the asset’s price action has still not recovered strongly.

PEPE/USDT Chart | Source: TradingView

Interest in the futures market is on the rise, even though opinions on its direction are contradictory. A vast majority of Open Interest in PEPE futures is held on Gate.io at $332.43 million, Bitget at $128.33 million, OKX at $85.28 million, MEXC at $60.12 million and Bitunix at $52.73 million.

Funding rates for OI have swapped from being below zero in March and April to being above zero from early May. As a result, long positions are covering the short losses which is a normal symptom of bullish trading sentiment.

Open Interest Chart | Source: CoinGlass

Recently, the funding rate has been around 0.01% which proves that the futures markets are carefully balanced.

Volume and Pepe Price Prediction Correlations

Although the daily trading volume declined by 7.59% severely from the earlier day’s figure, it continues to show a good volume-to-market cap ratio of 27.15%. Continued trading interest is represented by a high trading volume.

Yet, in the past 24 hours, the value of Dogecoin has fallen from its recent top of $0.00001449 to $0.00001309. Around early morning, the token experienced its biggest loss and the CoinMarketCap chart reflects that it did not return to its last high.

Looking at the daily chart from Binance, you can see a rectangular region in which prices repeatedly encounter resistance and support levels.

Should the price go below the neckline, the pattern may be completed as outlined in the annotations. If it happens, the amount of downside for the token might be $0.00001200 or less.

If the price doesn’t fall below the neckline, it could reveal more sideways movement or allow prices to surge to new highs above $0.00001550. The confirmation of a trend will depend on the results shown by volume and momentum indicators.

Whales Buy 1M ETH As Futures Open Interest Hits $19.1B High

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Key Insights:

  • Whale wallets added 1.1M ETH in May, pushing balances above 17.5M amid rising price trends.
  • Ethereum futures open interest hits record 7.1M ETH, equal to $19.1B in positions.
  • Most ETH supply held near break-even, making price stability key for market sentiment

Large investors accumulated over 1 million ETH in May, boosting activity. Total whale holdings now exceed 17.5 million ETH. The rise in Ethereum prices above $2,600 aligns with this steady buying trend.

Meanwhile, futures open interest reached an all-time high of 7.1 million ETH or $19.1 billion. This demonstrates growing market participation and rising confidence in the ETH market.

Whales Accumulate Over 1M ETH as Open Interest Hits Record Levels

Over the past month, large Ethereum holders, or whales, have added more than 1.1 million ETH to their holdings.

CryptoQuant data shows wallets holding 10,000–100,000 ETH grew their balances. Since early May, holdings rose from 16.4 million to over 17.5 million ETH. The accumulation happened as the Ethereum price increased from below $2,000 to above $2,600.

The most notable rise occurred after May 10 as prices and whale holdings surged. This sharp increase signals strategic positioning by major investors. They may be preparing for potential market changes ahead.

Ethereum balance by holder value
Ethereum balance by holder value | Source: CryptoQuant

Large wallets kept buying, but smaller address groups (100–1,000 ETH or 1,000–10,000 ETH) remained stagnant. Meanwhile, open interest in Ethereum futures hit an all-time high of 7.1 million ETH or about $19.1 billion.

The market’s price recovery has coincided with this sharp increase in open interest. It has risen from around 4 million ETH in January 2024.

Open interest has risen, which could mean more traders are entering the derivatives market, perhaps anticipating higher volatility. Historical data show that previous peaks in open interest, such as in mid-2022, were followed by large price swings.

Future movements aren’t guaranteed, but market participation is rising. More active contracts often lead to stronger short-term price reactions.

ETH Market Still Fragile Despite Recent Gains

Glassnode data shows that most of Ethereum’s market cap is concentrated in certain wallets. Around $123 billion is held by wallets that bought between $2,300 and $2,500. This is important because it is a break-even zone for many holders.

ETH market cap by profit and loss
ETH market cap by profit and loss | Source: glassnode

If the price drops below $2,300, a big chunk of the supply will be in an unrealized loss again. This is shown in the market cap by profit and loss chart, as the biggest section is in the yellow band (0% – 20% gain). That means many holders are only slightly above their entry price.

ETH price shot up from late April to mid-May. It went from about $1400 to over $2600. Despite this price rise pushing many addresses into profit, the position remains vulnerable to downside moves.

Ethereum Enters Key Phase of Crypto Cycle

Looking at a chart of the usual flow of capital in crypto markets, Ethereum is in the second phase. Bitcoin usually rallies first, and this follows suit. Next, money flows into Ethereum, large-cap alts, and smaller tokens in what traders call ‘altseason.’

btc
Source: X

Meanwhile, Ethereum has now moved above the midline of its two-week Gaussian channel, a technical indicator used to find trends. This shift has caused long upward moves in past cycles.

Similar moves in 2020 and 2023 are marked on the chart, followed by wider market rallies. As of May 2025, Ethereum reclaimed the mid-band, and the price is now trading above $2,600.

Ethereum Gaussian channel
Ethereum Gaussian channel | Source: X

After each of the market recoveries, there were higher highs within approximately 12–18 months. Using this pattern, Ethereum looks to be in the early stages of another potential trend, as whale buying increases and open interest rises.

Toncoin Open Interest Surges 33% as Leverage Hits February High

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Key Insights:

  • Toncoin OI hits $190M in 24 hours, signaling aggressive long positioning.
  • Over 1.2M addresses hold TON around $3.24, forming a strong demand zone.
  • Active addresses hit 1.9M as TON enters top 10 most-used L1 chains.

In just 24 hours, Toncoin (TON) saw its perpetual futures open interest skyrocket by 33% from $143 million to $190 million. This is the highest level since mid-February and shows the market is aggressively positioned as speculative activity rises.

Meanwhile, TON price remained steady at around $3.29 amid confusion surrounding a reported AI partnership between Telegram and xAI. Elon Musk denied finalizing a deal, causing short-term volatility. However, futures interest stayed high, signaling bullish sentiment remains strong.

Toncoin Sees Surge in Open Interest Amid Market Speculation

The 33% jump in the open interest of Toncoin in one day shows growing speculative interest across derivatives markets. Glassnode data shows total open interest increased to $190 million, its highest since February 18.

Despite TON’s spot price hovering around $3.29, trading activity showed strong speculation. The spike indicates traders were leveraging positions, anticipating a breakout.

TON futures open interest perpetual
TON futures open interest perpetual | Source: glassnode

Market excitement surged after Telegram founder Pavel Durov announced a partnership with Elon Musk’s xAI. Grok’s integration with Telegram fueled enthusiasm.

Musk denied a signed deal, but the momentum continued. Traders kept investing in Toncoin as open interest increased.

Key Support Zone Holds as On-Chain Metrics Confirm Strength

Sentio on-chain data shows strong buying interest in the $3.19–$3.29 range. Around 1.21 million wallets have accumulated 739 million TON tokens.

This creates a strong support base and demand are that strengthens the bullish structure despite conflicting headlines. This group is in profit with an average entry price of $3.24.

Toncoin In/Out of the money around price
Toncoin In/Out of the money around price |Source |Sentora

Currently, 90.26% of Toncoin addresses are “in the money,” and there is little pressure for profit taking. The current price stability and reduced selling risk is supported by only 9.68% of addresses being underwater.

This wallet distribution is a positive technical setup, especially if the token can break above short-term resistance near $4.84.

btc usdt
Source: X

Technical analysts also say a bullish market structure has developed over the past months. Momentum could continue building as higher highs and strong rebounds from demand zones suggest.

Toncoin Ecosystem Growth and User Activity Support Momentum

Furthermore, Toncoin’s ecosystem shows real signs of adoption, beyond speculative flows. Token Terminal data ranks TON 10th among all Layer 1 blockchains.

It has 1.9 million active monthly addresses. This means it has a 0.8% share of the wider L1 market and growing user engagement.

TON active addresses
TON active addresses |Source |token terminal

The Toncoin network benefits from its strong connection to Telegram. With 900 million users and 15 million paying subscribers, it can leverage this massive audience.

This infrastructure allows TON-based features like payments, wallets, and dApps to be directly distributed on Telegram. These integrations make TON a blockchain with immediate utility, not just speculative appeal.

TON is making strategic moves to scale its platform. It has appointed former Visa crypto executive Nikola Plecas to lead payment initiatives. The network also raised $1.5 billion in a bond raise. Backed by BlackRock and Citadel, this funding allows Toncoin to expand without token sales.

TON’s partnership with xAI remains uncertain, but trader optimism is strong. Open interest levels and on-chain activity show signs of increasing momentum.

Speculative leverage remains high as key price zones hold steady. Toncoin has become one of the most closely watched assets in the crypto market.

Ethereum’s May 30 Options Expiry Could Spark Price Surge

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Key Insights :

  • A $2.4 billion Ethereum options expiry on May 30th could trigger a price surge if ETH stays above $2,600.
  • Institutional interest in Ethereum is growing, with major ETF inflows in late May.
  • Macroeconomic conditions and regulatory news are major external factors that could influence Ethereum’s price.

Ethereum is again under the spotlight as the crypto market braces for a major options expiry event. On 30 May, $2.4 billion worth of ETH options are set to expire. This event will likely set the stage for a price surge if the bulls maintain momentum.

ETH has been performing well, but its future depends on key factors like network activity and macroeconomic trends. These influences could push it past $2,700 or lead to a sharp decline. Here’s what to know.

Incoming Opportunity for Ethereum Bulls

ETH has seen a nearly 48% rise since early May, after rallying from $1,790 to $2,675. Cryptocurrency has been down throughout the year, despite its recent resurgence. Meanwhile, the general market has seen a 5% increase this year.

Incoming options expiry
Incoming options expiry | Source: Laevitas

This said, Ethereum’s recovery is impressive but lags behind the industry average. This would also mean that the 30 May options expiry is very important.

For context, call options make up most of the $2.4 billion total open interest, with $1.3 billion in bullish bets. Conversely, $1.1 billion in put options (or bets that ETH will fall) are mostly set up at or below $2,600.

If Ethereum can stay above that level, 97% of those bearish options will expire worthless and tilt the advantage heavily in favour of the bulls.

Institutional Interest Growing, but Network Activity Weakens

One bright spot for Ethereum is institutional confidence. The introduction of spot Ethereum ETFs in the United States has attracted around $287 million in net inflows from 19 to 27 May.  Professional investors are becoming more optimistic about ETH’s long-term future.

Ethereum’s ETF inflows
Ethereum’s ETF inflows | Source: Farside

However, Ethereum’s on-chain metrics tell a different story. Deposits and user activity on the network have dropped, with competitors like Solana, BNB Chain, and Tron gaining ground against Ethereum.

Ethereum also no longer ranks among the top 10 protocols in terms of fees generated, which is a disturbing indicator. The decline in usage may intensify inflationary pressure on ETH. Staking and gas fee revenues are struggling to keep up with token issuance.

External Factors Could Limit the Upside

Even if technical indicators and the options market favor the bulls, macroeconomic conditions could complicate the picture. For example, Ethereum’s price is still influenced by the traditional financial market (much like Bitcoin and assets like the S&P 500 and Nasdaq).

Any negative shift in interest rates, inflation data, or corporate earnings could ruin risk appetite and create friction for ETH. Moreover, the crypto market tends to react sharply to regulatory news.

While the U.S. spot ETH ETFs are a positive development, any unexpected announcements from the SEC or other financial regulators could introduce short-term volatility.

Can Ethereum Hit $5,000 in 2025?

More than the May expiry, many analysts are already looking ahead. ETH could break the $5,000 resistance and set a new all-time high in 2025.

Crypto analyst Javon Marks predicts Ethereum could soon hit $4,811. If momentum holds, it might even surge to $8,500.

Ethereum could be on its way up |
Ethereum could be on its way up | Source: X

Marks based his analysis on a long-term breakout from Ethereum’s downward trend that began in 2022. If Ethereum’s rally continues, it could spark an altcoin season. Layer 1 altcoins like Solana, Cardano, and Avalanche might see strong bull runs as a result.

However, not all predictions are this optimistic. Some analysts believe ETH may consolidate between $2,400 and $2,900 through May, possibly increasing to $3,200 by August.