Ethereum Price Prediction: Will ETH Smash Through $3,000 Next?

#ETH

• Technical Strength: ETH trades above key moving averages with bullish MACD crossover
• Market Sentiment: Positive news flow around institutional adoption and scaling solutions
• Risk Factors: Regulatory scrutiny and DeFi vulnerabilities require monitoring

ETH Price Prediction

Ethereum Technical Analysis: Bullish Signals Emerge

Ethereum (ETH) is currently trading at $2,551.62, above its 20-day moving average of $2,461.75, indicating a bullish trend. The MACD shows positive momentum with a reading of 49.48, though the signal line at 91.03 suggests some consolidation may occur. Bollinger Bands reveal ETH is nearing the upper band at $2,640.71, which could act as resistance. According to BTCC financial analyst Emma, 'ETH's ability to hold above the 20-day MA and approach the upper Bollinger Band signals strong buyer interest. A breakout above $2,640 could pave the way for a test of $3,000.'

Ethereum Market Sentiment: Bullish Momentum Builds Amid Key Developments

Ethereum's price surge to $2,593 has sparked optimism, with analysts eyeing a potential $3,000 breakout. News highlights include a $2.4B loss in H1 2025 crypto hacks (primarily targeting exchanges and DeFi), Tornado Cash legal developments, and Ethereum's resilience amid strong U.S. economic data. BTCC's Emma notes, 'The combination of technical strength and positive narratives around Ethereum's scalability upgrades creates a favorable environment. The $10,000 price targets from analysts like Tom Lee, while ambitious, reflect growing institutional confidence.'

Factors Influencing ETH’s Price

$2.4B Lost in 2025 H1 Crypto Hacks — Exchanges and DeFi Hit Hardest

The blockchain industry suffered $2.37 billion in losses from 121 security incidents during the first half of 2025, marking a 66% increase in financial damage compared to the same period in 2024. Centralized exchanges (CEXs) bore the brunt of high-value attacks, with just 11 incidents accounting for $1.883 billion in losses. Meanwhile, decentralized finance (DeFi) remained the most frequent target, representing 76% of all incidents.

Attackers are leveraging advanced techniques, including exploitation of Ethereum's EIP-7702 contract delegation mechanism from the Pectra upgrade. One May phishing incident alone drained $146,551 from a single victim. The SlowMist report underscores how AI-powered scams are creating increasingly sophisticated threats to both platforms and individual users.

Tornado Cash Co-Founder Denies Wrongdoing Ahead of Criminal Trial

Roman Storm, co-founder of privacy-focused protocol Tornado Cash, has publicly declared his innocence weeks before facing trial on felony charges. Federal prosecutors allege the platform laundered over $1 billion in illicit funds, including assets tied to North Korea's Lazarus Group.

"If I lose, DeFi dies with me," Storm asserted in a recent interview. The developer maintains he merely wrote open-source code, comparing Tornado Cash to autonomous infrastructure like Bitcoin or Ethereum. "We didn't have control over what happened. If someone did something illicit, we couldn't stop it," he argued.

The case raises fundamental questions about developer liability in decentralized finance. Storm contends the government's prosecution sets a dangerous precedent for coding as speech, while regulators view the platform as a willful tool for criminal evasion.

Ethereum Surges to $2,593: Will It Smash Through $3,000 Next?

Ethereum's price has surged to $2,593, marking a 6.04% gain in the past 24 hours, accompanied by a 59.46% increase in trading volume. Analysts are now eyeing the $3,000 threshold as the next potential milestone.

Michael van de Poppe, a noted analyst, suggests that Ethereum could reach $3,000 if it maintains support above $2,520. The cryptocurrency has already broken through key resistance levels, signaling strong bullish momentum.

The Relative Strength Index (RSI) stands at 57.30, indicating a neutral-to-bullish market sentiment. With the 14-day RSI at 46.79, Ethereum is not yet overbought, leaving room for further upward movement.

Ether Holds Steady Amid Strong U.S. Jobs Data and Equity Rally

Ether (ETH) maintained resilience at $2,584.90, posting a 0.55% gain as risk assets surged following robust U.S. labor market data. The CoinDesk 20 Index (CD20) edged up 0.08%, mirroring the broader crypto market's muted optimism.

U.S. equities soared to record highs, with the S&P 500 and Nasdaq Composite climbing over 0.8% after June nonfarm payrolls smashed expectations at 147,000 new jobs. Unemployment dipped unexpectedly to 4.1%, complicating the Federal Reserve's rate cut trajectory. Traders now see diminished odds of near-term monetary easing.

ETH traded within a tight $71.20 range, demonstrating stability despite shifting macroeconomic winds. The cryptocurrency's performance echoed the risk-on sentiment propelling traditional markets, underscoring its growing correlation with macroeconomic indicators.

BitMine Trading Halted Twice as Ethereum Treasury Strategy Sparks 2,150% Rally

BitMine Immersion Technologies shares experienced two trading halts on Thursday amid a parabolic 2,150% surge since Monday. The rally followed the appointment of Fundstrat's Tom Lee as board chair and the announcement of an Ethereum treasury accumulation strategy. Shares closed at $135 before dipping to $118 in after-hours trading.

Lee, a prominent crypto analyst, predicts institutional Ethereum demand will surge with impending stablecoin regulation. "Big banks like JPMorgan and Goldman Sachs will likely begin staking ETH en masse," he stated on CNBC. The company's $250 million private placement investors saw massive paper gains, though share sales remain restricted.

The volatility contrasts sharply with recent plunges at crypto treasury firms SharpLink Gaming and Upexi following SEC actions. BitMine's meteoric rise highlights growing market anticipation around institutional Ethereum adoption ahead of potential stablecoin legislation.

Ethereum Surges to $2,600 as Bullish Momentum Builds; Analyst Eyes $10,000 Target

Ethereum broke out of a consolidation phase, rallying to $2,600 as technical indicators turned bullish. The move liquidated $103.53 million in shorts, underscoring the strength of the uptrend.

Analysts now speculate ETH could reach $10,000 by 2026, fueled by improving market structure and Layer 2 adoption. The token must clear a symmetrical triangle resistance to confirm the next leg higher.

Nexus Activates Final Testnet for AI-Ready Blockchain Ahead of Mainnet Launch

Nexus, positioning itself as 'the world supercomputer,' is advancing toward its mainnet launch with the activation of its final testnet. The layer-1 blockchain aims to aggregate global computing power to create a decentralized, verifiable network accessible from any device. CEO Daniel Marin describes the project as an ambitious effort to build the largest distributed computer system ever, targeting complex workloads like AI inference.

The architecture combines elements from Mina Protocol and RISC Zero, leveraging a RISC-V-based zkVM for scalable, verifiable computation. Unlike Mina's recursive SNARKs, Nexus integrates the zkVM natively into its chain, enabling Rust-based general-purpose proofs. Ethereum may eventually adopt similar infrastructure, but Nexus is pushing ahead with an opinionated, all-in-one design.

Open-Source Crypto Payment Processor Challenges TradFi Fee Structures

Tim Robinson, head of crypto research at VC firm BlueYard, has developed FreePay—an open-source payment terminal that eliminates processing fees by enabling direct crypto wallet transactions via NFC. The prototype supports MetaMask and Coinbase Wallet, positioning it as a zero-cost alternative to credit card networks like Visa, which charge 1%-2% per transaction.

The innovation arrives as major crypto players (Coinbase, MetaMask, Avalanche, Solayer) paradoxically embrace traditional payment rails through Visa and Mastercard partnerships. "We're supposed to be replacing TradFi, not joining them," Robinson remarked, highlighting the tension between crypto's ethos and its growing institutional compromises.

Why Tom Lee Believes Ethereum Price Could Reach $10,000

Fundstrat founder Tom Lee predicts Ethereum (ETH) could surge to $10,000, defying its current stagnation near $2,400. While skeptics like Bitwise doubt new all-time highs this year, Lee cites Ethereum's resurgence in innovation and institutional adoption as key drivers.

Tokenization of real-world assets—converting traditional financial instruments into digital tokens—is gaining traction on Ethereum. Major platforms like Robinhood and Coinbase's Base network are leveraging its infrastructure, reinforcing its market position.

Lee emphasizes Ethereum's U.S.-centric regulatory alignment as a competitive advantage for handling tokenized assets. Market pessimism, he argues, may ironically set the stage for a rally: "If tokenized assets gain global adoption, Ethereum's value will skyrocket."

Robinhood Faces Backlash Over Unauthorized Tokenized Stocks for OpenAI and SpaceX

Robinhood's announcement of tokenized stock giveaways tied to OpenAI and SpaceX equity has sparked controversy. The trading platform listed digital tokens labeled as OpenAI and SpaceX, claiming they represent equity in these high-profile companies. However, OpenAI swiftly denied any involvement, stating the tokens are not real equity and that no transfer of shares was approved.

Elon Musk, CEO of SpaceX, dismissed the initiative as "fake" equity. The tokens, set to launch on Ethereum's Arbitrum network, have also drawn criticism from the DeFi community. Robinhood maintains the tokens offer investors exposure, but the lack of endorsement from the companies raises legal and credibility concerns.

Ethereum (ETH) Price Prediction: Analysts Eye $3,000 Breakout Amid Altcoin Surge

Ethereum is staging a robust recovery, climbing back to $2,500 after testing the $2,400 support level. Analysts now project a potential rally to $3,000 if key resistance zones are breached, with some chart patterns suggesting even higher targets near $3,600.

Market sentiment has turned decisively bullish, fueled by technical formations like the ascending triangle on ETH/USD daily charts. Michaël van de Poppe characterizes recent price action as a strategic 'liquidity grab' before upward momentum accelerates. The $2,700-$2,900 range remains critical—multiple tests of this barrier indicate accumulating strength.

Spot Ethereum ETF developments continue influencing market dynamics, with traders watching for potential short squeeze scenarios. Institutional interest appears to be building alongside retail momentum, creating conditions for sustained upside.

Is ETH a good investment?

Ethereum presents a compelling investment case based on current technicals and market sentiment:

BTCC's Emma suggests: 'While short-term volatility may occur due to macroeconomic factors, Ethereum's strong fundamentals and upcoming protocol upgrades make it a high-conviction hold. Dollar-cost averaging above $2,500 appears prudent.'