ReportWire

Tag: ethereum

  • 110-Year-Old Retail Giant Bealls to Accept Meme Coins and Stablecoins in Stores

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    Bealls will now accept more than 99 digital currencies from 300 wallets via its new Flexa Payments integration.

    Bealls, a 110-year-old US retail chain with over 660 stores nationwide, has announced a new partnership with digital payments firm Flexa to enable in-store cryptocurrency payments. With this integration, Bealls becomes the first national retailer to accept digital currencies from any crypto wallet across more than a dozen blockchains at once.

    The announcement marks Bealls’ 110th anniversary and highlights the company’s ongoing focus on innovation and improving customer experience. Over the years, the retailer has invested in new technologies, such as in-store kiosks and online shopping, and this latest move places it among the early adopters of crypto payments in physical retail.

    Bealls Makes a Crypto Leap

    According to the official press release, the system supports a wide range of assets, including stablecoins and meme coins. Customers will be able to make purchases using digital currencies at Bealls, Bealls Florida, and Home Centric stores.

    As part of the deal, the retailer will utilize Flexa Payments, a digital payment solution designed for speed and versatility. The platform enables merchants to accept over 99 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDC, from more than 300 different wallets.

    Flexa Payments connects with existing retail systems and operates across mobile, in-app, and in-store environments. It also delivers near-instant transaction processing while automatically supporting new currencies and wallet applications as they become available.

    The partnership comes as more Americans are turning to digital assets for everyday transactions. Bealls cited a study that revealed that, as of early 2025, around 28% of US adults, which is estimated to be about 65 million people, own cryptocurrency. The collaboration with Flexa broadens the company’s footprint in brick-and-mortar retail while simultaneously advancing its goal of making digital payments as simple and widely accepted as card or mobile wallet transactions.

    In a statement, the Florida-based company’s Chairman and CEO, Matt Beall, said,

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    “Digital currency will reshape how the world transacts, and Bealls is proud to be at the forefront of that transformation. Our partnership with Flexa is about more than payments; it’s about preparing for the future of commerce and continuing to innovate for the next 110 years.”

    Institutions Diving Deeper into Digital Assets

    Bealls’ move reflects a wider trend across finance and commerce, where institutions are steadily increasing exposure to blockchain-based investments. A study conducted by State Street found that allocations to cryptocurrencies, digital cash, and tokenized securities are expected to more than double by 2028. Over half of those surveyed believe tokenized assets will form up to a quarter of total portfolios by 2030.

    Asset managers are especially active, holding more Bitcoin and Ethereum than asset owners. A small but growing share is even experimenting with newer categories like meme coins and NFTs.

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    Chayanika Deka

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  • Ethereum And Solana Flash ‘W Bottoms’: Bollinger Returns With Legendary Call

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    John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon I think.”

    Ethereum And Solana Price: What To Watch Now

    The emphasis on “Bollinger Band terms” is doing heavy lifting here. In classic Bollinger taxonomy, a W bottom is a two-trough reversal with the second low holding above the first, often accompanied by a volatility signature that includes a prior band expansion, subsequent contraction, and a failure to register a lower low at the bands on the second leg.

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    The more robust versions see the second low forming inside the bands or with a positive divergence against the lower band, followed by a band “pinch” and a move through the middle band that transitions into an upper-band walk. Bollinger’s phrasing—“potential” and “time to pay attention”—signals that, in his framework, pattern recognition precedes confirmation, and that the validation trigger lies in subsequent price interaction with the middle and upper bands rather than in the raw shape of the price lows alone.

    The rarity of Bollinger’s crypto commentary layered urgency onto the signal. As crypto trader Satoshi Flipper (@SatoshiFlipper) stressed, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until yesterday. And each call he makes goes on to mark generational bottoms. He just told us SOL + ETH have bottomed, now imagine fading this legend.”

    The same account detailed that Bollinger’s last notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historical reference captures the prevailing market psychology: Bollinger’s infrequent, technically disciplined alerts are perceived by many traders as cycle-defining.

    Context from earlier this year also helps frame the setup. On April 10, Bollinger publicly flagged a similar structure in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in BTCUSD. Still needs confirmation.” In the exact same week, BTC carved out a bottom at $74,508 and proceeded to log seven straight green weekly candles, advancing roughly 55%. From Bollinger’s call into the first week of October, BTC rallied more than 70%.

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    The market nuance in Bollinger’s latest readout is the explicit exclusion of Bitcoin. If ETHUSD and SOLUSD are printing W-like structures in Bollinger terms while BTCUSD is not, it implies a temporary decoupling in volatility structure and relative strength. In practical terms, a non-confirming Bitcoin can either lag into a later confirmation, remain range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist without recapture of the middle band.

    For Ethereum and Solana, confirmation would typically look like sustained closes above the 20-period moving average (the Bollinger middle band), followed by a disciplined advance that converts the upper band from resistance into a guide. A healthy W bottom sequence tends not to produce immediate, vertical band overthrows; rather, it builds a stair-step profile with periodic mid-band checks that hold.

    Failure would involve another lower-band excursion that undercuts the second trough or a volatility bloom that widens the bands without directional follow-through—both signatures of an incomplete base.

    At press time, ETH traded at $4,037.

    ETH price, 1-day chart | Source: ETHUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • Ethereum Price Reaches Resistance — Breakout Could Signal Fresh Upside Leg

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    Ethereum price started a recovery wave above $3,880. ETH is now rising and might aim for more gains if it clears the $4,050 resistance.

    • Ethereum started a fresh recovery above $3,800 and $3,880.
    • The price is trading above $3,920 and the 100-hourly Simple Moving Average.
    • There was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,050.

    Ethereum Price Rises Again

    Ethereum price struggled to settle above $4,050 and corrected most gains, like Bitcoin. ETH price declined below the $4,000 and $3,800 levels.

    It even tested the $3,680 zone. A low was formed at $3,677 and the price is now correcting losses. There was a decent move above the 50% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low.

    Besides, there was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,920 and the 100-hourly Simple Moving Average.

    On the upside, the price could face resistance near the $4,050 level and the 61.8% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low. The next key resistance is near the $4,120 level. The first major resistance is near the $4,220 level.

    Source: ETHUSD on TradingView.com

    A clear move above the $4,220 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,440 resistance zone or even $4,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $4,050 resistance, it could start a fresh decline. Initial support on the downside is near the $3,940 level. The first major support sits near the $3,880 zone.

    A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $3,880

    Major Resistance Level – $4,050

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    Aayush Jindal

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  • Bitmine chair Tom Lee says the ‘bubble has burst’ in digital asset treasury companies | Fortune Crypto

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    Digital asset treasuries have become one of the most prominent features of the current crypto bull market. So-called DATs are businesses that acquire a hoard of a given cryptocurrency, from Bitcoin to Dogecoin, and seek to operate a publicly-traded vehicle that provides sell exposure to those assets in the form of shares. But with the number of projects ballooning, critics have warned that digital asset treasuries, or DATs, could be the latest crash in the rollercoaster sector. In the latest episode of Fortune’s Crypto Playbook (which you can find on Spotify, Apple, and YouTube), Tom Lee, the longtime analyst and chairman of the leading DAT BitMine, said that the bubble might already have burst. 

    Lee first learned about Bitcoin while serving as the chief strategist at JPMorgan in 2012, starting his own research company Fundstrat a few years later and building a reputation as an outspoken Bitcoin bull when much of Wall Street was still skeptical. In June, he became a crypto executive himself, joining a little-known publicly traded Bitcoin mining company called BitMine as it sought to rebrand itself into the largest institutional holder of Ethereum. 

    The software CEO Michael Saylor pioneered the approach with his company MicroStrategy, which began accumulating large stockpiles of Bitcoin in 2020, quickly becoming a way for investors to get access to the volatile cryptocurrency through a publicly traded vehicle, long before the approval of exchange-traded funds. The idea for BitMine was to do the same but for Ethereum, the second-largest cryptocurrency. 

    Though Ethereum has at times struggled in recent years amid the proliferation of other blockchains and its own technical challenges, Lee argued that it is still the “blockchain of Wall Street,” especially as financial firms explore the implementation of stablecoins and different tokenized assets, many of them native to Ethereum. 

    BitMine, whose market capitalization sits above $15 billion, holds over three million Ethereum tokens, or around 2.5% of the total supply, though Lee’s goal is to acquire 5%. While investors have more options to buy top cryptocurrencies than when Saylor began accumulating Bitcoin for MicroStrategy, Lee argues that BitMine still offers advantages, from reaping staking rewards to being included on major stock indexes. “We’re essentially a liaison between how Wall Street views future upgrades to Ethereum,” Lee said. 

    That doesn’t mean that digital asset treasury companies as a broader asset class will prove successful, especially as more launch to hold different types of cryptocurrencies, including so-called “alt” coins such as Sam Altman’s Worldcoin. Lee pointed out that many DATs are trading below their net asset value, or the worth of their underlying crypto holdings, as an increasing number launch into the public market. “If that’s not already a bubble burst,” Lee asked, “How would that bubble burst?”

    On the new Fortune Crypto Playbook vodcast, Fortune’s senior crypto experts decode the biggest forces shaping crypto today. Watch or listen now

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    Leo Schwartz

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  • How US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

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    The Ethereum derivatives market shrank by 45%, with open interest collapsing from $33 billion to $18 billion.

    Last Friday, trade tensions between the US and China suddenly escalated, triggering the largest cryptocurrency liquidation event in history.

    As a result, Ethereum, the second-largest digital asset, saw its value drop significantly, breaking important technical support levels and causing a big dip in the derivatives market.

    A Technical Narrative of Breakdown and Recovery

    According to an assessment by CryptoQuant analyst _OnChain, the story unfolded across ten distinct areas on a 30-minute chart. In zones 1 through 3, buyers were still in charge, and the price stayed above the Exponential Moving Average (EMA 96), the Simple Moving Average (SMA 240), and the structural volume-weighted average price (AVWAP) of the uptrend in October.

    However, the first signs of trouble emerged in areas 4 and 5. Before any major conflict headlines, the market displayed weakness, with the price closing below the EMA 96, SMA 240, and the uptrend’s structural AVWAP.

    Critically, in area 5, these same indicators, which had previously functioned as support, were tested and held as resistance. This technical failure confirmed that sellers had seized control of the market. The catalyst then hit in area 6, corresponding with China’s announcement of new export controls on rare earth minerals.

    The market technician noted that the real damage occurred in areas 7 and 8, which aligned with posts by U.S. President Donald Trump on Truth Social, threatening China with a new set of substantial tariffs. The price closed well below all of the support levels mentioned, including the AVWAP that was based on the last major low from September 25. It is here that the liquidation cascade kicked off, wiping off over $19 billion in leveraged positions and hurting more than 1.6 million traders.

    However, signs of revival emerged in sections 9 and 10 following the trade conflict easing. Analysts from The Kobeissi Letter indicated that the U.S. may have misinterpreted China’s export controls, which were not a full ban. Subsequently, Trump made another social post, with Vice President JD Vance making conciliatory comments of his own, to bring immediate relief. Crypto prices then climbed back up, with ETH closing above all AVWAPs, the EMA 96, and SMA 240, confirming that buyers had returned to power.

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    The Derivatives Fallout and Structural Reset

    The impact on Ethereum’s derivatives market was severe. The _OnChain report notes that Open Interest (OI), which represents the total value of unsettled derivatives contracts, collapsed from a record high of $33 billion on August 22 to approximately $18 billion following the major drop on October 10.

    This 45% contraction illustrates a dramatic cooling in speculative activity as leverage was forcibly removed from the system.

    Still, the deleveraging, while violent, may have created a healthier foundation as institutional investors used the downturn as an accumulation opportunity. Data from CryptoQuant showed Ethereum’s Coinbase Premium Index, which tracks U.S. institutional demand, hit its highest level this year during the sell-off. This institutional buying, which also happened with Bitcoin, helped set a support floor, pushing ETH’s price back up to around $4,100 for a while.

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    Wayne Jones

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  • Bitcoin Dominates Fund Flows With $2.67B Influx, But Still Trails 2024’s Peak

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    Hype around Solana and XRP ETFs appears to have cooled, with inflows tapering to $93.3 million and $61.6 million as traders reassess the market.

    Even as crypto prices dipped following renewed US-China tariff tensions, investors poured $3.17 billion into digital asset funds last week. The week closed quietly with just $159 million in outflows on Friday. With this, 2025’s year-to-date inflows have climbed to $48.7 billion, already exceeding last year’s record total.

    Digital asset exchange-traded products (ETPs) saw explosive trading last week, as they registered a record $53 billion in weekly volume. This figure is nearly double 2025’s average pace. Friday’s $15.3 billion turnover marked the highest single-day figure ever recorded. Following the tariff-driven market drop, total assets under management declined 7% from the previous week’s peak to $242 billion.

    Altcoin Flows Stay Resilient

    Investors poured $2.67 billion into Bitcoin over the past week, which pushed cumulative 2025 inflows to $30.2 billion. Though strong, that figure remains short of 2024’s $41.7 billion benchmark, according to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report. Friday’s market sell-off generated record trading volumes of $10.4 billion; however, the actual daily net flow was modest, standing at just $0.39 million.

    Meanwhile, Ethereum attracted $338 million in inflows last week but faced significant $172 million outflows on Friday, which was the largest among all digital assets. This indicates that investors viewed it as particularly exposed during the correction. Meanwhile, enthusiasm around the upcoming US ETFs for Solana and XRP appears to be waning, as inflows eased to $93.3 million and $61.6 million, respectively.

    Investment flows into altcoin-based products were modest but steady. For instance, Chainlink pulled in $3.2 million while Sui recorded $2.3 million in inflows. Cardano and Litecoin added smaller amounts, receiving $0.8 million and $0.2 million. Multi-asset products, on the other hand, deviated from the broader positive sentiment, registering significant outflows of more than $35 million for the period.

    In regional terms, the United States overwhelmingly dominated inflows, drawing more than $3 billion in fresh investments. Switzerland came next with $132 million, followed by Germany at $53.5 million and Australia at $9.9 million. Canada posted smaller inflows of $3.8 million. Meanwhile, Sweden led outflows with $22 million, while Brazil and Hong Kong reported declines of $10.1 million and $9.3 million each.

    Market Still on Shaky Ground

    Financial markets were rattled overnight after tensions between the US and China escalated unexpectedly. The sell-off began when President Trump accused China of “holding the world captive” through sweeping export restrictions on rare earth elements. Investors quickly fled risk assets, which pushed the Nasdaq down 3.5% and the S&P 500 down 2.7%.

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    Bitcoin wasn’t spared either, as it briefly collapsed to $102K before recovering to $115K amid a record $19 billion in liquidations. According to QCP Capital, with global liquidity tightening and policy risks soaring, “market positioning remains defensive across risk assets heading into the new week.”

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    Chayanika Deka

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  • If You Can Read This, You’re About to Get Scammed

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    Did you find this article by typing in the name of a website associated with Elon Musk? Did it sound like you could invest in SpaceX, Neuralink, or one of Musk’s AI ventures like Grok and xAI? It’s fake. It’s 100%, without a doubt, completely fake.

    I know you may not believe it, but please read on. Because this article could save you from losing a lot of money. Elon Musk is a very wealthy man. He’s worth $500 billion, according to Forbes, making him the wealthiest person on the planet. But Musk does not have a website dedicated to making other people rich.

    You may have seen an ad on Facebook or maybe a video on Instagram, TikTok, or YouTube. It may have even looked like Elon Musk was talking about some amazing investment opportunity. Maybe it looked like Elon was raising money for a sick child. You may have even been asked to send money through gift cards or a bitcoin ATM. But it was fake. You need to believe us. Because it’s true.

    Musk does not have a website selling cryptocurrencies. He doesn’t have a website for trading stocks. He doesn’t have a public website selling shares of his private companies like SpaceX, Neuralink, xAI, and X. The promotional video you saw is fake and probably used artificial intelligence tools to make it look like Elon Musk was saying something he never said.

    People are losing millions

    Did someone reach out to you on a social media site like Facebook or Instagram claiming to be Elon? Did they tell you to talk with them over Signal or Telegram or WhatsApp? That person is a scammer. Elon Musk does not reach out to people on websites and ask them for money. And if they haven’t already asked you to send money, that part is coming.

    Again, you might be skeptical. A lot of people want to believe that Elon Musk is offering ways for the average person to become rich. But he’s not. Among other reasons, he doesn’t have time.

    Here at Gizmodo, we’ve written about scammers impersonating Elon Musk for years.

    • There was the woman in Washington who lost $63,000 because she thought she was talking to Elon.
    • There was the man in North Carolina who drained his 401k of over half a million dollars.
    • There was the person who lost over $18,000 watching a video livestream they thought was for Tesla.
    • There was also the Florida principal who sent an Elon Musk scammer a check for $100,000.

    People have literally been losing millions of dollars to scammers over the years because they thought they were investing in something approved by Elon Musk. But it was all fake.

    Scam AI Videos

    It’s incredible what can be accomplished with AI these days. You can make people appear to say things they never said. For example, here’s an ad we spotted below. Elon never said any of that.

    Fake Elon Websites

    All of the websites below are scams. And while Gizmodo is often reluctant to advertise the web domains of scammers, because it risks inadvertently driving more people to scammy websites, using the names of the scams is the only way to help get the word out that these specific websites will steal your money.

    And this list only scratches the surface. These are some of the domains that have been reported to the FTC, but there are so many more out there.

    • ceomusk.org [SCAM]
    • elonbitcoin.fun [SCAM]
    • elonchristmas.com [SCAM]
    • fastmars.net [SCAM]
    • investmuskspace.icu [SCAM]
    • marshome.us [SCAM]
    • marsway.net [SCAM]
    • marsyox.com [SCAM]
    • marsvalue.net [SCAM]
    • myteslatoken.com [SCAM]
    • official2xMusk.com [SCAM]
    • shippingteslamail.com [SCAM]
    • tesla-clubs.com [SCAM]
    • tesla-prize-x.com [SCAM]
    • teslaminingprogram.com [SCAM]
    • teslaminingplatform.aphatrad.com [SCAM]
    • teslaoption.com [SCAM]
    • teslapresale.net [SCAM]
    • tesla.token-presale.org [SCAM]
    • teslatoken-presale.online [SCAM]
    • telsaxmarketing.com [SCAM]
    • tsla-marketspro.com [SCAM]
    • teslgets.com [SCAM]
    • tsl-xspace.pw [SCAM]
    • x-coin-platform.io [SCAM]

    Scam Names

    There are also scams that you may know by various names that aren’t dedicated websites, but are being spread through social media platforms. Some of the common ones we’ve seen are below.

    • Elon Musk Fan Page Membership Card
    • Elon Musk x Donald Trump Crypto Giveaway
    • Space Stock Mining
    • Tesla Bitcoin
    • Tesla Token
    • Tesla Mining
    • Neuralink Crypto Token
    • SpaceX Token

    Please believe us. It’s not real.

    Maybe someone sent you this article. Maybe you found it through Google. Please know that visiting these websites and “investing” in them will only lead you to heartache and pain.

    The people who’ve been scammed at these sites often feel foolish afterward. And we don’t want you to feel foolish. We want you to avoid just handing your money away for nothing.

    If you’re interested in investing, there are plenty of reputable places to do that. You can even invest in Musk’s company, Tesla, if you want to buy stock in that company through a reputable stockbroker. All investing involves risks, but the websites we’ve featured here aren’t just risks where you might make some money or you might lose some money.

    If you give any of these websites your money, you will only lose. We promise you.

    Have you been scammed and want to tell your story? You can email the author of this article at [email protected].

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    Matt Novak

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  • Ethereum Surges Past $4,100 – Are Bulls Ready For The Next Big Leg?

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    Ethereum price started a fresh recovery above $4,000. ETH is now showing positive signs but faces a major resistance near the $4,250 level.

    • Ethereum started a recovery wave above the $4,000 and $4,100 levels.
    • The price is trading above $4,150 and the 100-hourly Simple Moving Average.
    • There was a break above a key bearish trend line with resistance at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,250.

    Ethereum Price Starts Recovery

    Ethereum price started a recovery wave after a massive selloff below $3,800, like Bitcoin. ETH price formed a base and was able to recover above the $4,000 level.

    The price cleared the 50% Fib retracement level of the sharp decline from the $4,758 swing high to the $3,423 low. Besides, there was a break above a key bearish trend line with resistance at $4,100 on the hourly chart of ETH/USD.

    Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,200 level. The next key resistance is near the $4,250 level and the 61.8% Fib retracement level of the sharp decline from the $4,758 swing high to the $3,423 low.

    Source: ETHUSD on TradingView.com

    The first major resistance is near the $4,320 level. A clear move above the $4,320 resistance might send the price toward the $4,400 resistance. An upside break above the $4,400 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $4,250 resistance, it could start a fresh decline. Initial support on the downside is near the $4,120 level. The first major support sits near the $4,100 zone.

    A clear move below the $4,100 support might push the price toward the $4,020 support. Any more losses might send the price toward the $3,950 region in the near term. The next key support sits at $3,880.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $4,020

    Major Resistance Level – $4,250

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    Aayush Jindal

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  • From Meme Coins to DeFi Dominance: How Solana Overtook Ethereum’s Early Growth Curve

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    While Ethereum laid down the groundwork for smart contracts,21Shares found that Solana’s speed and cheap transactions are driving adoption across a broader spectrum, faster than Ethereum.

    Solana’s revenue engine has matured at a pace few in the industry could have anticipated, and has now clearly surpassed Ethereum’s early growth trajectory.

    From meme coin mania, DeFi, AI, and RWAs, Solana has managed to capture several on-chain revenue streams that Ethereum couldn’t monetize early, a new report suggests.

    Solana’s Early Growth Curve

    According to 21Shares, the blockchain generated roughly $2.85 billion in revenue between October 2024 and September 2025, after averaging nearly $240 million per month.

    Peaks during periods of intense trading activity were found to be more than $600 million, with January 2025 marking the absolute high point at $616 million. This surge was driven largely by meme coin mania, including coins like Trump Coin. Even after the speculative frenzy cooled, Solana’s monthly revenues have remained in the $150 million-$250 million range. Such sustained figures demonstrated that the chain’s success “is not merely a speculative flash in the pan.”

    A closer look at the revenue composition reveals a highly diversified ecosystem. Trading applications such as Photon and Axiom contributed $1.12 billion, or 39% of the total, by facilitating faster swaps, advanced execution, and high-frequency activity.

    Beyond trading, Solana’s infrastructure supports a broad spectrum of DeFi, AI, DePin, and tokenized real-world asset applications. Its architecture, capable of thousands of transactions per second at sub-$0.01 costs, has effectively transformed Solana into a 24/7, global “on-chain Nasdaq,” which has helped it rival long-established Web 2 companies like Palantir ($2.8 billion in 2024) and Robinhood ($2.95 billion) in annual revenue.

    Perspective Check

    The contrast with Ethereum during its formative years couldn’t be more obvious. Between 2019 and 2020, roughly four to five years after Ethereum’s launch, monthly revenue averaged less than $10 million, which is less than 5% of what Solana now produces on a monthly basis.

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    In peak months, Solana’s revenue has outpaced Ethereum’s early numbers by more than 50x. While Ethereum’s growth was constrained by congestion and modest gas fee revenue in a nascent DeFi ecosystem, Solana has leveraged high throughput and low fees to monetize a broader range of activity much earlier in its lifecycle.

    Daily active addresses on Solana now consistently hit 1.2-1.5 million, compared to Ethereum’s 400,000-500,000 during its early years.

    Solana’s revenue growth has not been linear. 21Shares found that just two years ago, between October 2022 and September 2023, total network revenue stood at a mere $13 million, which can be attributed to early skepticism amid outages and market turbulence. The 220x increase over the past 12 months, however, was a shift from experimental blockchain to a commercially viable ecosystem.

    Soon after, institutional interest followed suit. Currently, over $3 billion in SOL is held on public company balance sheets, and multiple treasury initiatives are underway from firms including Forward Industries, Pantera Capital, and Brera Holdings.

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    Chayanika Deka

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  • Crypto Crash Prediction Comes True: Here’s What’s Next For Bitcoin And Ethereum

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    The recent crypto market crash stunned investors across the globe, but one analyst saw it coming long before it happened. Bitcoin plunged from above $125,000 to briefly below $102,000, and Ethereum dropped to below $3,800, exactly as predicted by popular market commentator Ash Crypto earlier this month. 

    His October 1 post on X warned of a sharp correction meant to liquidate all the bulls before a major rebound in Q4. Now that the dip has played out exactly as he forecasted, Ash Crypto’s outlook for the coming weeks is a powerful rebound phase.

    Related Reading

    The Crash Prediction That Shook ‘Uptober’

    The sell-off that sent shockwaves through the industry is a quick change in sentiment after Bitcoin’s recent all-time high on October 6. Bitcoin’s decline from above $125,000 to below $110,000 caused widespread panic that flowed into other cryptocurrencies, while Ethereum followed with a sharp drop below $3,800. More than $19 billion in leveraged trades were liquidated across different exchanges in under a day, making it one of the largest wipeouts in crypto history.

    However, the timing of the crash aligned almost perfectly with a projection on the social media platform X by Ash Crypto. On October 1, Ash Crypto outlined what he called a “pump-then-dump setup” designed to trap overconfident bulls. In his post, he warned that early-month gains would bait retail traders into believing PUMPtober was real before the market reversed violently to shake them out.

    Notably, the analyst predicted that Bitcoin would dip to around $106,000 and Ethereum to $3,800 or lower before rebounding later in the month. According to him, this correction phase would run until mid-October, sometime around the 15th to 20th of October, before transitioning into a powerful recovery in the last ten days of the month.

    BTCUSD currently trading at $114,049. Chart: TradingView

    What Comes Next After The Drop?

    Ash Crypto’s call has proven accurate, especially against the backdrop of widespread ‘Uptober’ optimism that clouded judgment for many crypto traders. However, despite the predicted bearish move, the prediction post also carried a long-term sentiment that aligns with a bullish Uptober.

    He explained that once market sentiment turns overwhelmingly bearish and traders begin to assume PUMPtober is canceled, short positions will pile up. It is at this point that a reversal will begin in the final ten days of October, leading to what he described as Q4 parabolic candles.

    Related Reading

    Ash Crypto projected Bitcoin will reach between $150,000 and $180,000 by the end of the fourth quarter, while Ethereum will be trading anywhere in the $8,000 to $12,000 range. Following that move, he expects a full-fledged altcoin season that will cause the price of many altcoins to grow 10x to 50x in just a few months.

    At the time of writing, Bitcoin is trading at $114,049, and Ethereum is trading at $4,087.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Ethereum Dual Chart Recovery: ETH And ETH/BTC Signal Strength Despite Bearish Close

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    My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

    My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

    I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

    When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

    Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

    My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.

    Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is.

    One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others.

    I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams.

    I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.

    I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.

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    Godspower Owie

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  • Ethereum Loses Ground – Further Dips Could Expose Price To Key Support Zone

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    Ethereum price started a fresh decline below $4,600 and $4,500. ETH is now moving lower and might extend losses below $4,250 in the short term.

    • Ethereum started a downside correction below $4,550 and $4,500.
    • The price is trading below $4,450 and the 100-hourly Simple Moving Average.
    • There is a key bearish trend line forming with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move down if it trades below $4,250.

    Ethereum Price Dips Further

    Ethereum price failed to stay above $4,550 and started a fresh decline, like Bitcoin. ETH price dipped below the $4,500 and $4,450 levels to enter a bearish zone.

    The price tested the $4,270 zone. A low was formed at $4,270 and the price is now consolidating losses. There was a minor recovery wave toward the 23.6% Fib retracement level of the recent decline from the $4,760 swing high to the $4,270 low.

    However, the bears are active near the $4,380 level. Besides, there is a key bearish trend line forming with resistance at $4,385 on the hourly chart of ETH/USD.

    Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,385 level and the trend line. The next key resistance is near the $4,450 level.

    Source: ETHUSD on TradingView.com

    The first major resistance is near the $4,510 level or the 50% Fib retracement level of the recent decline from the $4,760 swing high to the $4,270 low. A clear move above the $4,510 resistance might send the price toward the $4,570 resistance. An upside break above the $4,570 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,640 resistance zone or even $4,720 in the near term.

    More Losses In ETH?

    If Ethereum fails to clear the $4,450 resistance, it could start a fresh decline. Initial support on the downside is near the $4,320 level. The first major support sits near the $4,270 zone.

    A clear move below the $4,270 support might push the price toward the $4,250 support. Any more losses might send the price toward the $4,150 region in the near term. The next key support sits at $4,120.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

    Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

    Major Support Level – $4,320

    Major Resistance Level – $4,450

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    Aayush Jindal

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  • Ethereum Foundation Assembles 47 Experts for New Privacy Initiative

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    The new initiative will unite Ethereum’s top cryptographers and engineers under a single privacy framework.

    The Ethereum Foundation (EF) has announced the formation of a new group of 47 researchers, engineers, and cryptographers who will work together to make Ethereum’s Layer 1 infrastructure safer and more private.

    According to analysts, this change in structure is a show of the institution’s seriousness about adding privacy features directly to the Ethereum ecosystem, moving it from a side project to a main development priority.

    Expanding Ethereum’s Privacy Framework

    In an October 8 blog post, EF noted that the “Privacy Cluster” integrates multiple ongoing projects under one umbrella, including long-running efforts by the Privacy & Scaling Explorations (PSE) team.

    PSE’s portfolio already includes more than 50 open-source research projects, such as Semaphore for anonymous signaling, MACI for private voting, zkEmail for secure communications, and TLSNotary for verifiable web interactions.

    Igor Barinov will be in charge of the new cluster, and Andy Guzman will still be in charge of PSE, which will focus on early-stage research and development. The group’s goal is to make private transactions, identity verification, and institutional operations safer and easier to use.

    Some of the most important projects are Private Reads & Writes, which lets users execute private actions on the blockchain; Private Proving, for verifiable proofs without data exposure; and the Institutional Privacy Task Force (IPTF), which connects regulatory compliance with on-chain functionality. Another tool that stands out is the Kohaku wallet SDK, which adds privacy-preserving cryptography for everyday use.

    The announcement comes just a few weeks after Ethereum developers went into detail about the Fusaka upgrade, which will be available on the mainnet on December 3, saying it will increase the amount of data that can be sent and received as well as the capacity of Layer-2 chains, which are key for scalable privacy.

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    Ethereum’s Evolving Security and Value Proposition

    In its latest blog, the EF insisted that privacy research has been a part of Ethereum’s DNA since 2018. Given that the network processes billions of dollars in value every day, the foundation says that it is important to keep people’s, institutions’, and developers’ information private to maintain digital trust.

    The announcement also comes at a time when more institutions are getting involved with Ethereum. Some observers have suggested that the success of Grayscale’s new ETH staking ETF and the growing number of companies building ETH treasuries mean there’s now more scrutiny on Ethereum’s regulatory compliance and data protection, with the IPTF’s work probably gaining importance in these areas.

    Meanwhile, at the market, the world’s second-largest crypto asset was trading close to $4,400 at the time of this writing. Analysts think it could go as high as $13,000 if current market trends hold, with the blockchain’s security and privacy possibly affecting both adoption and investor confidence.

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    Wayne Jones

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  • Ethereum Could Triple to $13,000 This Cycle If History Repeats, Analysts Say

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    Ether prices could triple from current levels if certain factors play out, mirroring the last bull market cycle, say analysts.

    ETH could skyrocket as high as $13,000 this cycle if it follows a similar pattern to 2021, according to analysis.

    The asset is currently trading at a level 92% above its long-term 200-week moving average, which is currently $2,400, according to DeFi Report founder Michael Nadeau on Wednesday.

    In the last bull market cycle, ETH peaked at just above $4,870 on Nov. 10, trading 492% over its long-term moving average. Running various scenarios based on this moving technical indicator provides some interesting price predictions.

    If the asset trades at just 200% above the 200-week MA, it will reach $7,300. At 400% above the long-term moving average, it will be above $12,000, which is only 170% above current levels.

    Ether has already gained more than that since its dip below $1,500 in April.

    Volatile Path to Five Figures

    Fundstrat’s Tom Lee has predicted a super cycle leading to five-figure Ether prices, but the path to that will be extremely volatile.

    Ether plummeted 94% from its 2018 peak and surrendered 80% of its value in 2022, so another sharp downturn isn’t just possible, it’s probable.

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    The analysis provided a “base case” where ETH trades 250% above its 200 WMA, which puts it at a cycle top of $8,500. This aligns with realized price reaching $3,000, which would put ETH at $8,700, assuming a ratio of 2.9.

    If Ether gets to 35% of Bitcoin’s market cap (it is currently 23.4%) and BTC reaches $150,000 this cycle, it would put prices at $8,600, the analyst said.

    Ethereum is repeating 2021, observed another popular trader on Wednesday. Back then, reclaiming the previous all-time highs “triggered a +250% explosion,” he said before adding:

    “Now, ETH is testing the same level again. Same structure. Same energy. Only difference this time? ETFs and institutions are in the mix.”

    Earlier this week, Grayscale launched the first Ether staking ETF in the US, and digital asset treasuries have accumulated 4.7% of the entire supply in just a few months.

    ETH Price Outlook

    Ether is still consolidating, trading within a range-bound channel that formed in early August.

    From an intraday high above $4,500 in late trading on Wednesday, the asset has dipped back toward $4,400 in early trading in Asia on Thursday.

    With sideways trading now lasting two months, the asset appears coiled and ready for a breakout, and all indicators suggest it will move into price discovery as the bull market is not over yet.

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    Martin Young

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  • Grayscale Stakes 32,000 Ethereum Worth $150 Million – Institutional Demand Grows

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    Ethereum (ETH) is trading at critical levels after a sharp rally from $3,800 to $4,700 in just a few days, marking one of its strongest moves in recent months. The swift rebound highlights renewed strength from bulls, who now appear firmly in control of the market’s short-term direction. As ETH approaches key resistance zones, analysts are closely watching whether the second-largest cryptocurrency can sustain its momentum and confirm a breakout above the current range.

    Related Reading

    This impressive move is not just driven by market sentiment but also by robust on-chain fundamentals. Institutional participation in Ethereum continues to rise, with inflows from funds and treasuries steadily increasing over the past weeks. Meanwhile, staking activity remains high, suggesting that long-term investors are showing confidence in ETH’s network security and yield potential despite volatility in broader markets.

    The combination of growing institutional demand and sustained staking confidence provides a solid foundation for Ethereum’s next phase of growth. If bulls maintain control and price holds above $4,500, analysts believe ETH could be gearing up for another leg higher, potentially entering a new expansion cycle as the broader crypto market follows Bitcoin’s renewed bullish momentum.

    Grayscale Stakes $150M in Ethereum

    According to onchain data from Lookonchain, Grayscale (ETHE and ETH ETF) staked 32,000 ETH, worth approximately $150.56 million, earlier today. This move represents one of the largest institutional staking transactions in recent weeks and signals growing confidence among major players in Ethereum’s long-term value proposition. The decision to allocate such a significant amount of ETH to staking underscores the continued institutional belief in Ethereum’s dual role as both a technology platform and a yield-generating asset.

    Grayscale Onchain Transfers | Source: Lookonchain

    Staking Ethereum locks coins within the network, effectively reducing liquid supply while contributing to network security and stability. When large holders like Grayscale commit such capital, it demonstrates conviction in the sustainability of Ethereum’s staking economy and its role within future financial infrastructure. Analysts interpret this as a strong bullish signal, especially amid rising institutional demand for tokenized assets and DeFi exposure built on the Ethereum network.

    Moreover, Grayscale’s move aligns with the broader trend of institutional staking growth, where funds and asset managers increasingly leverage staking yields as an alternative income strategy. This reinforces Ethereum’s position as the backbone of decentralized finance and a key component of institutional crypto portfolios.

    Combined with renewed bullish sentiment across the crypto market, Grayscale’s staking decision adds weight to the narrative that Ethereum remains undervalued relative to its fundamental strength and adoption. If momentum sustains, this event could mark the beginning of a new accumulation phase — one driven not by speculation, but by institutional conviction in Ethereum’s evolving economic and technological dominance.

    Related Reading

    Bulls Regain Momentum Above $4,600

    Ethereum is currently trading around $4,688, showing renewed bullish strength after a sharp recovery from the $3,800 region earlier this month. The chart highlights a clear upward structure, with ETH reclaiming both the 50-day and 100-day moving averages, confirming a short-term trend reversal. Buyers have regained control, and the price now approaches the critical resistance zone between $4,700 and $4,800, which previously marked a major rejection area in late August.

    ETH testing critical resistance | Source: ETHUSDT chart on TradingView
    ETH testing critical resistance | Source: ETHUSDT chart on TradingView

    A decisive daily close above $4,700 could pave the way for a test of $5,000, potentially leading to a new phase of price discovery if momentum holds. The sustained higher lows since late September further indicate accumulation rather than distribution, suggesting that investors are positioning for continuation rather than taking profits.

    Related Reading

    From a broader perspective, Ethereum’s recent surge coincides with Bitcoin’s move above all-time highs and growing institutional participation. This correlation, combined with Grayscale’s recent 32,000 ETH stake, reinforces the bullish case for ETH’s medium-term outlook. However, short-term traders should monitor the $4,400 support, as a breakdown below this level could delay further upside. Overall, Ethereum’s technical structure looks strong, with clear momentum and market confidence returning as it eyes another breakout attempt.

    Featured image from ChatGPT, chart from TradingView.com

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    Sebastian Villafuerte

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  • Ethereum Shows Strength – Traders Eye Breakout That Could Trigger Bigger Gains

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    Ethereum price started a recovery wave above $4,150. ETH is now consolidating and might aim for more gains if it clears the $4,220 resistance.

    • Ethereum remained stable above $4,020 and started a recovery wave.
    • The price is trading above $4,150 and the 100-hourly Simple Moving Average.
    • There is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it settles above $4,220 and $4,250.

    Ethereum Price Eyes More Gains

    Ethereum price remained supported above the $4,020 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $4,050 and $4,120 resistance levels.

    There was a clear move above the 61.8% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. The bulls even pushed the price above $4,200. Besides, there is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD.

    Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. It is also above the 76.4% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low.

    Source: ETHUSD on TradingView.com

    On the upside, the price could face resistance near the $4,220 level. The next key resistance is near the $4,250 level. The first major resistance is near the $4,275 level. A clear move above the $4,275 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term.

    Pullback In ETH?

    If Ethereum fails to clear the $4,250 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level. The first major support sits near the $4,100 zone and the trend line.

    A clear move below the $4,100 support might push the price toward the $4,050 support. Any more losses might send the price toward the $4,000 region in the near term. The next key support sits at $3,880.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $4,100

    Major Resistance Level – $4,250

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    Aayush Jindal

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  • Whales Scoop $1.73B In Ether As Exchange Balances Hit Nine-Year Low

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    Reports have disclosed that 16 wallets picked up 431,018 Ether between September 25 and 27, spending about $1.73 billion to do so. The buys came through names like Kraken, Galaxy Digital, BitGo, FalconX and OKX.

    Related Reading

    That scale of accumulation pushed attention back to who is buying the dip, and why larger players seem willing to add exposure while prices wobble.

    Exchange Balances Fall To 9-Year Low

    According to Glassnode data, the amount of ETH held on exchanges has plunged from roughly 31 million to about 14.8 million ETH — a drop of 52% from 2016 levels.

    Many of those coins are likely in staking contracts, cold wallets or institutional custody, and the recent launch of the first Ethereum staking ETF has helped pull more supply off exchanges.

    Lower exchange balances mean fewer coins ready to be sold instantly on exchanges, which can make price moves sharper when big orders hit the market.

    ETH Hovers Near $4,000 As Volatility Rises

    Based on TradingView readings, ETH is trading around $4,011, down roughly 0.33% over the last 24 hours and more than 10% over the past week.

    ETHUSD currently trading at $4,015. Chart: TradingView

    The token briefly slipped under $3,980 earlier in the session before climbing back, and it remains below a recent close of $4,034.

    This two-week pullback has returned ETH to a key $4,000 support area, and short-term swings have become more pronounced as holders reposition.

    $3,700 Becomes A Line In Sand

    Crypto analyst Ted Pillows has warned that the $3,700 to $3,800 zone could face heavy pressure. Reports note that if ETH falls below $3,700, many margin positions could be wiped out and spark forced selling that pushes prices lower.

    With fewer coins on exchanges and concentrated margin exposure, the short-term outlook is more fragile even as longer-term demand indicators look solid.

    ETF Outflows Show Institutional Mood Can Flip

    US-listed ETH funds recorded nearly $800 million in outflows this week, their largest redemptions to date. Still, roughly $26 billion sits in Ethereum ETFs, equal to 5.37% of total supply.

    Related Reading

    Those numbers underline how quickly institutional sentiment can change: big inflows can vanish just as fast, and ETF flows now add a new, sizable layer to price dynamics.

    Lookonchain data also highlighted a prior accumulation of roughly $204 million in ETH, showing similar patterns of large players stepping up during dips.

    Retail traders appear more cautious for now. But the sequence of big buys from institutional-grade custodians suggests some buyers view dips as buying chances while others choose to wait on the sidelines.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • Bitcoin And Ethereum Defy Price Slump With Strong Exchange Outflows

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    The crypto market faced in recent months, as both Bitcoin and Ethereum broke below important support levels. Bitcoin broke below $110,000, while Ethereum also slipped under $4,000. This downturn triggered billions in liquidations and pushed the Fear and Greed Index into fear territory.

    However, data from on-chain analytics platform Sentora (formerly IntoTheBlock) reveals that accumulation is quietly underway. Despite the price declines, exchange outflows for both assets have remained strongly negative.

    Related Reading

    Key Weekly Metrics

    An extended decline carried over from the previous week saw the Bitcoin price falling below $110,000 with increasing selling pressure and liquidations of leveraged positions. However, despite this sharp move to the downside, on-chain data illustrates an interesting different trend occurring beneath the surface of the volatility. According to figures provided by the on-chain analytics platform Sentora, more than $5.75 billion worth of BTC flowed out of centralized exchanges over the course of the week.

    This outflow, although small compared to periods of strong bullish action, shows a lingering investor conviction, especially among some investors that might be taking advantage and buying the dip. 

    Ethereum’s price movement over the same period was even more pronounced than that of Bitcoin. The price crash saw the leading altcoin break down beneath the psychologically significant $4,000 support level and proceed to briefly test lower zones around $3,850. Still, despite the depth of this decline, the exchange flow data makes it clear that the bearish price action did not manage to deter accumulation activity across the network.

    BTCUSD now trading at $109,585. Chart: TradingView

    Over $3.08 billion worth of ETH exited exchanges during the week, which serves as evidence of a continued willingness among investors to steadily accumulate Ethereum, even in the face of short-term losses and market pressure.

    Outflows Drive Exchange Balances To Multi-Year Lows

    Interestingly, Ethereum last week’s outflows ties into a notable trend that has been developing in recent months. Data shows that Ethereum’s total supply on exchanges has dropped to just 14.8 million ETH, its lowest level since 2016. Much of this supply has been redirected into staking, long-term cold storage, and DeFi protocols, which have all led to a drastic decline in the ETH on trading platforms.

    ETH balance on exchanges. Source: Glassnode

    Data from a CryptoQuant Quicktake post by contributor CryptoOnchain adds further weight to this trend of heavy outflows. Between August and September 2025, Ethereum’s 50-day Simple Moving Average (SMA) netflow dropped below -40,000 ETH per day, the lowest level seen since February 2023. This persistent negative netflow shows that investors have been steadily shifting their ETH away from exchanges and placing it into staking, cold storage, or other long-term holding options. “Lower exchange balances equals reduced short-term supply,” the analyst said.

    Ethereum Exchange Netflow

    Related Reading

    At the time of writing, Bitcoin was trading at $109,585, while Ethereum traded at $4,011.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Ethereum Price Lags Below $4,000—Support Levels To Watch

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    The Ethereum price has been one of the best performers in the cryptocurrency market in the third quarter, reaching a new all-time high at the end of August. However, the second-largest cryptocurrency has struggled to build on this record-setting momentum in September.

    With September and the third quarter of 2025 almost done, the Ethereum price appears to be struggling to reclaim the psychological $4,000 support level. Below are the critical support levels to watch for should a deeper correction occur, according to the latest on-chain data.

    Is $3,500 The Next Stop For ETH Price?

    In a September 27 post on the X platform, popular crypto analyst Ali Martinez identified three major support levels to watch if the Ethereum price further declines over the next few weeks. This on-chain observation revolves around the UTXO Realized Price Distribution (URPD) metric, which estimates the amount of a specific cryptocurrency acquired at a certain price level.

    Related Reading

    This indicator looks at a price level’s capacity to act as an on-chain support or resistance zone, which typically depends on the number of investors with their cost basis at the given level. An investor’s cost basis refers to the original price at which they bought a crypto asset (Ether, in this scenario).

    Based on the cost basis theory, major support zones are often around price levels—with significant buying activity—below the current spot value. Having purchased their assets at these prices, several investors tend to double down and purchase more assets when the price returns to their cost basis, thereby keeping the prices afloat.

    Source: @ali_charts on X

    According to data highlighted by Martinez, the next major support levels for the Ethereum price lie around $3,515, $3,020, and $2,772. As observed in the chart below, if the price of ETH doesn’t have a sustained close above $4,000, its next immediate support cushion is around $,3,515, where nearly 1.39 billion coins were purchased.  

    In a case where the “king of altcoins” fails to stop bleeding, the UTXO Realized Price Distribution metric shows that the next major support is at $3,020, where almost 2.65 billion coins were bought. Now, the last significant support for the Ethereum price lies around $2,772, which is the cost basis of more than 2.64 billion Ether tokens.

    Ethereum Price At A Glance

    As of this writing, the price of ETH stands at around $3,994, reflecting no significant movement in the past 24 hours. While the largest altcoin by market cap seems to be hanging on to the major $4,000 level, its performance over the past week is still quite worrying. According to data from CoinGecko, the Ethereum price is down by more than 10% in the last seven days.

    Related Reading

    Ethereum price
    The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

    Featured image from Shutterstock, chart from TradingView

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    Opeyemi Sule

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  • Cyber Hornet Is Combining S&P 500 With XRP and Ethereum In New ETF Filing

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    Photo by BeInCrypto

    Financial advisors seeking to diversify client portfolios with cryptocurrencies—without stepping away from traditional equities—may soon have a new vehicle to do so.

    On September 26, asset manager Cyber Hornet submitted filings to the US Securities and Exchange Commission (SEC) for three crypto-linked exchange-traded funds (ETFs). Each fund is designed to blend exposure to the S&P 500 Index with Ethereum (ETH), Solana (SOL), and XRP.

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    According to the filing, each fund will allocate 75% of its portfolio to companies within the S&P 500. The remaining 25% will be dedicated to its respective digital asset or its associated futures market.

    Cyber Hornet has proposed the ticker symbols EEE for Ethereum, SSS for Solana, and XXX for XRP. Each fund will carry a 0.95% management fee.

    Market observers said the Cyber Hornet funds aim to give investors a middle ground between the resilience of large-cap US equities and the growth potential of digital assets.

    They believe this structure helps investors capture crypto’s upside while staying anchored in traditional markets. This approach reflects a growing recognition of digital currencies as viable portfolio components, not speculative outliers.

    Cyber Hornet’s move builds on its earlier success with a Bitcoin 75/25 fund, which delivered a 39% return in 2024. The crypto ETF ranked among Morningstar’s top performers in the Large-Blend category.

    That success may help justify expanding the strategy to other tokens like ETH, SOL, and XRP. Notably, investor interest in diversified crypto exposure has grown substantially over the past year, reinforcing the case for broader adoption.

    Meanwhile, these filings arrive amid a friendlier regulatory environment. The SEC’s Generic ETF Listing Standard, approved earlier this year, has simplified the path for issuers seeking to launch innovative products.

    This policy shift has spurred a wave of experimentation, encouraging firms like Cyber Hornet to blur the line between Wall Street and Web3. As a result, they are now building portfolios where digital assets and equities coexist within a single investment framework.

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