Tag: Ethereum

Ethereum Mirrors Stocks Chart as ETH Price Hints at Blow-Off Top Toward $8K

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Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’ bullish structure from 1980. Other indicators also hint at gains in Ethereum markets in the coming months. Ethereum’s native token, Ether (ETH), is on the verge of a “final surge” toward $8,000, said analyst Gert van Lagen, who pointed to a striking resemblance between ETH’s current structure and a Dow Jones (DJIA) trend. ETH pattern echoes 245% gains in 2022–2024 At the core of…

Ethereum Ramps to 18 TPS as ETH Eyes $4,000 Rally

Key Notes Nearly 50% of staked ETH validators support a move to raise the gas limit to 45 million. Ethereum’s transaction throughput climbed to 18 transactions per second, a 20% rise from previous levels. Following a 120% rebound from historical demand zones, ETH price is nearing the top of its macro trading range ($2,200–$3,900). On July 20, the Ethereum blockchain network saw an uptick in its throughput as more validators signaled support for raising the gas limit to 45 million units. This move aims to enhance scalability and reduce transaction…

Ethereum Hard Fork Fusaka To Launch In November

Ethereum core developers have tentatively chosen November to release the protocol’s next major hard fork, called Fusaka, aimed at making the network more efficient and scalable. Meanwhile, feature upgrades in the Glamsterdam hard fork, the next upgrade after Fusaka, are set to be confirmed on Aug. 1. The Ethereum community has been pushing for more frequent and faster upgrades for the protocol. The upgrade timeline would place Fusaka six months after the most recent Ethereum hard fork, Pectra, which introduced account abstraction, increased the validator staking limit, and made layer-2…

Ethereum Gas Limit Increases As Validators Back Network Expansion

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Ethereum’s throughput ticked up on Sunday as more validators signalled their support for increasing Ethereum’s gas limit to 45 million units, which will reduce transaction fees and enable improved network scaling.   Ethereum’s gas limit rose to over 37.3 million units on Sunday, according to Etherscan, up almost 3% from levels late last week, while several blocks were proposed with higher gas limits. The latest gas limit increase represents the first significant climb since February, when it was raised from 30 million to 36 million. Average Ethereum gas limits over…

ETH Tsunami Incoming: Firms Quietly Amass Mountains of Ethereum

Ever since Strategy, previously Microstrategy, began putting bitcoin ( BTC) into its company coffers, a significant number of other businesses have followed suit. Currently, various organizations are incorporating leading alternative coins into their financial holdings, and below is a glimpse at some of the entities acquiring large sums of ethereum ( ETH) this year. Crypto […] Source CryptoX Portal

Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Ethereum Binance Reserves At New High As Dominance Grows — What This Means For Price

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Ethereum has revived a long-lost faith in its investors following its recent impressive price action, which saw the altcoin reclaim the $3,000 level. While the ETH token is still a fair distance from its all-time-high price, the “king of altcoins” has started to reclaim its somewhat lost reputation in the crypto market.  While the Ethereum price has somewhat slowed this weekend, the second-largest cryptocurrency has managed to hang around the $3,600 level. However, the latest on-chain data has cast doubt on the capacity of the ETH token to continue its…

Market Correction Starting | BTC & Alts Turning Bearish?

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Ethereum Open Interest Hits Record $50 Billion

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Ethereum is holding firm above the $3,500 level, a key support reclaimed last Friday, signaling renewed strength in the market. After surging over 70% since late June, ETH appears to have entered a new bullish phase driven by rising demand and institutional interest. The momentum has shifted clearly in favor of the bulls, with technical structure and price action aligning to support further upside. Related Reading Adding to the bullish outlook, CryptoQuant data shows that Ethereum open interest has reached an all-time high, pointing to growing trader activity and rising…