Ethereum Updates Today: Major Institutions Increase Investments as Network Achieves Significant Milestones
- Ethereum gains institutional traction as MegaETH's $450M token sale attracts 14,491 investors, showcasing high-speed layer-2 potential. - Treasury firms hold 3.2M ETH, surpassing Bitcoin counterparts, while TVL exceeds $50B across layer-2 networks like Linea. - U.S.-China trade framework boosts ETH 2.7% to $4,049, reducing macroeconomic risks amid delayed rare earth export controls. - Technical analysis shows ETH consolidating near $3,900 with projected 2028 recovery to $10,000, despite short-term $3,200
Ethereum (ETH) is expected to enter a consolidation phase lasting until late November, with experts predicting a possible surge in growth by December 2025. This perspective is shaped by a combination of institutional engagement, technical signals, and wider market influences such as geopolitical shifts and cross-chain developments.
The
From a technical standpoint, Ethereum has been stabilizing near crucial support zones. The price has maintained an upward trendline close to $3,900, with forecasts suggesting a steady climb toward $10,000 by 2028, according to
Looking beyond Ethereum, the wider cryptocurrency market is also gaining traction.
Geopolitical events have also played a role in shaping market sentiment. The announcement of a preliminary trade agreement between the U.S. and China during President Trump’s visit to Asia boosted global markets, including Bitcoin and Ethereum. The deal, which postpones rare earth export restrictions and avoids immediate tariffs, eased macroeconomic concerns and contributed to a 2.7% increase in ETH to $4,049, as reported by
Although short-term volatility persists, the long-term outlook for Ethereum remains positive. With no additional supply being issued and treasuries steadily accumulating, institutional demand continues to reinforce Ethereum’s status as a foundational digital asset. As December nears, analysts expect the current consolidation to resolve, potentially paving the way for renewed upward momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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