Ethereum News: Struggling Ethereum Faces Challenges, But Trump’s Holdings Spark Hope for Recovery

In recent times, Ethereum [ETH] has encountered one of its toughest quarters, marked by a delayed upgrade and a sluggish market performance. However, an intriguing development has emerged as President Trump’s significant investment in Ethereum has sparked debates and speculations about its future prospects.

Ethereum’s price struggles – Will President Trump’s vote of confidence be key?

Ethereum [ETH] is facing one of its most challenging quarters in years, with a delayed upgrade and sluggish market performance. Despite recent losses, 91% of President Trump’s crypto holdings are anchored on the Ethereum blockchain, sparking debate about its long-term value. This significant investment has ignited speculation about Ethereum’s future recovery prospects, but some wonder if its struggles signal the beginning of a deeper downturn.

Ethereum Fails to Break $2,160 Resistance, Bearish Pressure Mounts

Ethereum’s attempt to regain bullish momentum has hit a roadblock as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained breakout. This disappointment for bullish traders suggests that bears are still in control, keeping Ethereum’s price under pressure. Traders are now closely watching key support zones to determine the next move.

Ethereum [ETH] Faces Significant Liquidations and Market Correction

About $165 million in long ETH positions were liquidated recently as an ICO participant deposited 1,700 ETH worth $3.18M into Binance. Despite ETH’s market cap, the network saw a decline in transaction activity, user growth, and fees/revenues. Leveraged traders encountered unexpected price declines, compelling them to sell assets. High-quality market liquidity could continue to push ETH’s price downwards, leading to greater price fluctuations.

Vitalik Buterin Proposes Ethereum Layer 2 Roadmap

Vitalik Buterin has introduced a flexible, multi-proof system designed to support Ethereum’s scalability while preserving its CORE principles of decentralization and trust minimization. The proposal centers around a “2-of-3” model that uses optimistic, zero-knowledge (ZK), and trusted execution environment (TEE) provers. A transaction is finalized when any two of these agree, reducing risk and offering a balance between speed, robustness, and decentralization. Buterin emphasized the importance of diversification, particularly as zero-knowledge systems mature.