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Ethereum Updates Today: Major Institutions Increase Investments as Network Achieves Significant Milestones

Ethereum Updates Today: Major Institutions Increase Investments as Network Achieves Significant Milestones

Bitget-RWA2025/10/30 02:10
By:Bitget-RWA

- 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

network has recently attracted heightened institutional interest, as demonstrated by MegaETH's $450 million token offering. This sale drew 14,491 buyers and was nearly nine times oversubscribed, according to . Supported by Ethereum co-founders Vitalik Buterin and Joe Lubin, MegaETH is designed to achieve sub-millisecond transaction speeds and process up to 100,000 transactions per second, establishing itself as a high-performance layer-2 solution. At the same time, Ethereum treasury organizations like Bitmine and Artemis have expanded their holdings, surpassing their peers in terms of circulating supply. As of October 23, these entities managed 3.2 million ETH, signaling increased institutional trust in Ethereum’s yield-generating capabilities following its shift to Proof-of-Stake, as reported by .

Ethereum Updates Today: Major Institutions Increase Investments as Network Achieves Significant Milestones image 0

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

. Despite ongoing short-term price swings within the $3,200–$5,200 range, a recent 1.2% decrease to $3,932.17 has not dampened the overall positive outlook. Higher lows since mid-October indicate ongoing strength, as highlighted by Coinotag. On-chain metrics also reveal that Ethereum’s total value locked (TVL) has exceeded $50 billion across layer-2 platforms such as and , reinforcing its central role in decentralized finance, according to .

Looking beyond Ethereum, the wider cryptocurrency market is also gaining traction.

(ARB), a prominent Ethereum layer-2 solution, has formed a narrowing wedge pattern near $0.30, with TVL surpassing $2.5 billion. Analysts believe that a breakout above $0.35 could drive ARB toward $0.45, fueled by enhanced scalability and growing developer interest, as noted in a report. Similarly, XRP futures trading volume on the CME has climbed past $1.6 billion, indicating a return of institutional players and price steadiness around $2.45, according to the same Coinotag analysis.

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.

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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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