ETH Price Prediction: Technical Breakout and Ecosystem Growth Signal Potential 10x Rally

Ethereum Technical Analysis: Bullish Signals Emerge as ETH Tests Key Levels

Ethereum (ETH) is currently trading at $2,637.01, showing strength above its 20-day moving average of $2,551.21. The MACD indicator reveals a bullish crossover with the histogram turning positive at 142.8667, suggesting growing momentum. Prices are testing the upper Bollinger Band at $2,700.55, which could act as immediate resistance. BTCC financial analyst Emma notes: ’The technical setup favors bulls - ETH holding above the middle Bollinger Band while MACD turns upward often precedes breakout attempts. A sustained MOVE above $2,700 could accelerate gains.’

Ethereum Market Sentiment: Institutional Developments Offset Short-Term Concerns

Mixed fundamental signals surround ethereum as Nvidia’s AI supercomputer plans may benefit GPU miners while EigenLayer’s slashing feature and Ethena/Securitize’s RWA blockchain launch demonstrate ecosystem growth. BTCC’s Emma observes: ’Whale activity and Vitalik’s RISC-V proposal show strong network engagement, though the BANKEX lawsuit creates headline risk. The $1,800-to-$2,600 rally has validated bullish expectations, leaving ETH well-positioned for potential continuation.’ Market sentiment appears cautiously optimistic, with technicals and fundamentals aligning above key support levels.

Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners

Nvidia has announced plans to manufacture AI supercomputers in the U.S., which could open up new avenues for crypto miners. In other news, Ethereum developers are pushing for encrypted mempool and default privacy features, while MIT-incubated Optimum has raised $11M in a seed round to build Web3’s missing memory layer. Noble’s new ’AppLayer’ allows developers to build stablecoin tools on Celestia. Sign up for The Protocol newsletter to get the latest updates on crypto tech development.

EigenLayer Adds Key ‘Slashing’ Feature

Almost one year after EigenLayer launched its “restaking” network, the Ethereum protocol is finally adding a core feature: “slashing”. EigenLayer’s system for keeping “restakers” honest by revoking collateral if they act maliciously aims to fulfill the year-old protocol’s original pitch. EigenLayer gained popularity when it introduced investors to the concept of restaking, an evolution of “proof-of-stake” on Ethereum.

Ethena and Securitize Aim to Launch Real-World Asset Blockchain on Arbitrum and Celestia in Q2

Ethena, a decentralized finance (DeFi) protocol, and Securitize, a tokenization firm, announced plans to use Arbitrum’s technology and Celestia’s data availability network for their Ethereum-compatible blockchain focused on real-world assets. The Converge chain aims for fast block times and will allow users to pay gas fees through Ethena’s USDe and USDtb. Security and guardrails will be provided via the Converge Validator Network. The mainnet launch is targeted for the second quarter of this year, with a testnet expected in the next few weeks.

ETH’s Performance and Relevance Questioned

ETH, crypto’s second largest asset, has struggled this year with a 53% decline in performance. Its market cap has dwindled relative to XRP, and both may be capped in the upcoming CoinDesk 20 reconstitution. Despite this, ETH continues to dominate its on-chain categories and is arguably the second best brand name in crypto.

Matter Labs Sued by BANKEX for Alleged Intellectual Property Theft

Matter Labs, the developer of layer-2 blockchain ZKSync, has been sued by BANKEX for alleged intellectual property theft. BANKEX alleges that former employees Alexandr Vlasov and Petr Korolev stole the company’s technology to start Matter Labs, which has received over $450 million in funding. The complaint also mentions Ethereum co-founder Vitalik Buterin’s involvement in approaching BANKEX to build software for Plasma technology.

Ethereum Price Surges: Key Reasons Behind the Rise

Ethereum, the second-largest cryptocurrency, has seen a significant price increase, rising above $1,800. One major reason for this surge is the decrease in short bets on the cryptocurrency. Short positions on the CME have dropped to under $500 million, the lowest in 2025. This decrease in shorting activity has led to fewer sellers in the market, contributing to the price increase.

Scroll’s Euclid Upgrade Pushes It Into ‘Stage 1’ Decentralization Era

Scroll, the Ethereum layer-2 network, has launched its Euclid upgrade, the most significant protocol transformation to date. The upgrade transitions Scroll from a ’stage 0’ to a ’stage 1’ rollup, retiring some centrally-controlled safety features for more decentralization. Euclid includes features to improve network performance and boost compatibility for certain applications.

Ethereum (ETH) Price Rally Expectations After Rising Above $1800

The crypto markets are recovering from trade war losses. Bitcoin surged above $93,000, while Ethereum’s price jumped over 10% in the past 24 hours, securing support at $1800. ETH whales intensified their activity, with one buying nearly 20,000 ETH worth $34.7 million. Another whale withdrew over 12,000 ETH from Binance, but selling pressure hasn’t mounted, hinting at continued price upswing for the rest of the week.

Whales Turn Active After Ethereum’s Strong Recovery

Ethereum’s price has seen a significant jump after being in a slump for weeks. The recovery gained momentum after U.S. Treasury Secretary Scott Bessent’s comments hinting at easing trade tensions between the U.S. and China. As Ethereum recovered strongly, whales became more active, potentially leading to increased price swings. In the past 24 hours, Ethereum gained over 10%, causing a noticeable rise in several on-chain metrics, with $127 million worth of Ethereum positions being liquidated.

Vitalik Buterin Proposes Replacing Ethereum’s EVM With RISC-V

Ethereum co-founder Vitalik Buterin has proposed a radical overhaul of the system that powers Ethereum’s smart contracts by replacing the Ethereum Virtual Machine (EVM) with RISC-V. This is one of the key stories in the latest issue of The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development.

Ethereum Price Prediction 2025: Potential 10x Rally Hinges on Trade Setup

Ethereum faces a pivotal moment as technical analysis suggests a possible 10x rally in 2025, contingent on favorable market conditions. The cryptocurrency recently peaked at $2,078 before succumbing to bearish pressures, plunging to $1,386 amid macroeconomic uncertainty and whale-induced volatility.

April 2025’s price action reflects crypto’s characteristic turbulence—initial recovery efforts collapsed under sustained selling pressure. While trader de-risking accelerated the decline, average-range technical indicators hint at latent bullish potential waiting to be unlocked.