TronWeekly

Crypto World News

You are here: Home / Archives for Ethereum (ETH)

Ethereum (ETH)

Ethereum Bulls Eye $7K: Trump’s $42M Bet Fuels Speculation

by

  • Analyst predicts Ethereum could hit $7,000, signaling the start of a new bullish cycle.
  • President Trump’s $42M ETH investment fuels speculation of an imminent market move.
  • Ethereum’s consolidation at $3,200 sparks “last chance to buy” calls before a potential breakout.

Ethereum, the largest altcoin, is now at the center of a bullish storm. Renowned analyst Ali Martinez has made a significant observation about ETH using the Market Value to Realized Value (MVRV) metric. MVRV compares ETH’s current market price at which the coins were last moved. This is a valuable tool for assessing the potential overvaluation or undervaluation of an asset.

Based on historical data, Ali has identified a recurring pattern. Whenever Ethereum’s price has traded above the 3.2 MVRV band during past bull runs, it has fueled significant price appreciation. Currently, this crucial level sits at $7,000.

image 84

This observation suggests that if ETH’s price surpasses the $7,000 mark, it could signal the onset of a new bullish cycle. This analysis not only provides valuable insights, it also supports the optimistic outlook. ETH’s $3,200 consolidation even fuels “last chance to buy” calls ahead of a potential breakout. Some experts even hinted that ETH is poised to climb towards $3,800–$4,100 in the near term.

Notably, this forecast comes as U.S. President Donald Trump continues to buy the token. On-chain data shows that Trump has reportedly purchased $16 million worth of Ethereum, adding to his previous $26 million acquisition. The total $42 million buy-in has sparked widespread speculation about an imminent market move.

Ethereum

Ethereum’s Road to $10K?

Most importantly, the timing has prompted many to speculate that Trump’s strategic investments are to capitalize on ETH’s price momentum. This could likely propel it toward the much-anticipated $10,000 mark. While this theory lacks concrete evidence, the heightened interest underscores Ethereum’s dominance in the crypto space.

The ETH/BTC pair also presents an opportunity for Ethereum to outperform Bitcoin, with Bitcoin nearing local resistance levels. Market participants expect ETH to gain ground, particularly as the narrative surrounding its scalability and utility continues to evolve.

With technical strength, high-profile endorsements, and growing market attention, Ethereum appears primed for a bullish rally. Investors, however, should stay vigilant as short-term volatility could offer both risks and rewards.

Bitcoin Soars to $107,837, Dominates the Crypto Market Surge

by

  • Bitcoin leads with 3.34% gain, reaching $107,837, market cap surges.
  • Meme coins $Trump and $Melania drive major shifts in market liquidity.
  • Ethereum, Solana, XRP show mixed performance amid Bitcoin’s dominance.

Bitcoin surpasses $107,837, as its dominance in the cryptocurrency space continues to grow. The sudden rise of meme coins like $Trump and $Melania introduces both excitement and volatility, reshaping the market dynamics.

Bitcoin Dominates Market Surge

Bitcoin’s price has reached $107,837.85, reflecting a 3.34% increase in the last 24 hours. The cryptocurrency’s market capitalization has surpassed $2 trillion, accompanied by a 115.46% rise in trading volume. BTC’s impressive performance highlights its continued dominance in the digital asset market, with its price climbing steadily, drawing attention from investors.

In recent years, Bitcoin has exhibited remarkable growth, driven by increased market interest and adoption. The sharp upward trend indicates strong investor confidence, bolstered by broader cryptocurrency market dynamics.

Bitcoin RSI
Bitcoin Soars to $107,837, Dominates the Crypto Market Surge 4

Bitcoin’s dominance in the cryptocurrency space now stands at 61.39%, the highest level since 2021. Even though the Relative Strength Index signals overbought conditions, the market sentiment remains bullish. BTC performance has paved the way for positive growth across other major cryptocurrencies, reflecting the broader optimism in the digital asset space.

Ethereum, the second-largest cryptocurrency, has experienced a 6.43% increase, reaching $3,382. However, it has not yet returned to its recent high of $3,452. On the other hand, Solana has faced a decline of 3.92%, now priced at $264, following a pullback from its peak of $293.

XRP has witnessed 5.81% gain, currently testing resistance at $3.30. Meanwhile, Cardano has risen by 4.35%, reaching $1.08. The performance of these cryptocurrencies highlights the market’s strength.

Trump and Melania Meme Coin Surge

The recent surge in Bitcoin’s price coincides with the release of meme coins like $Trump and $Melania. The launch of $Trump saw the token’s price soar to over $70, briefly reaching a market value of $14 billion. However, the introduction of $Melania caused a dip in $Trump’s value which dropped from $75 to $30 before a recovery to $60.

The launch of $Melania also impacted the broader market, as traders moved from $Trump to $Melania. This shift in liquidity has highlighted the volatile nature of meme coins and their unpredictable impact on the cryptocurrency landscape.

Bitcoin’s record-breaking rise continues to reflect the growing interest in cryptocurrencies. As the market matures, more investors are looking to Bitcoin as a safe haven amid broader financial market uncertainty. The influence of internet culture and viral trends, witnessed with meme coins, underscores the complex factors that drive the cryptocurrency market.

Analysts suggest that while Bitcoin’s dominance remains robust, the volatility of the market presents risks. Investors should stay cautious and manage their exposure to ensure resilience against potential market corrections.

Ethereum Sees $48M Investment as World Liberty Financial Buys Big

by

  • World Liberty Financial, backed by Donald Trump, acquired 14,403 Ethereum worth $48M on January 19, boosting its reserves to 33,630 ETH ($107M).
  • The ETH/BTC ratio showed a 0.79% uptick to 0.03197 after weeks of decline, aligning with the timing of the purchases.
  • Eric Trump teased further developments, fueling speculation about the platform’s next crypto moves.

In a bold play within the cryptocurrency landscape, the Donald Trump-backed project, World Liberty Financial, has acquired significant amounts of Ethereum (ETH) amid the token’s modest recovery in strength against Bitcoin (BTC).

On January 19, World Liberty Financial finished buying 14,403 Ethereum, which reached $48 million. News first unveiled by Lookonchain on X showed a growing amount in the platform’s Ethereum reserves, which have jumped to 33,630 ETH—over $107 million, according to data from Arkham Intelligence.

Timing-wise, these purchases come when the ETH/BTC ratio has had a small but significant increase of 0.79% to 0.03197 after many weeks of decline. Over the past six weeks, it had fallen 18%, which could mean that World Liberty Financial was positioning for a larger market move. According to data from TradingView, this uptick happens at a time when Ether continues to fight for dominance in a Bitcoin-dominated market.

World Liberty Financial’s latest move comes hot on the heels of Donald Trump’s unexpected meme coin venture on the Solana blockchain. The launch caused a rally in Solana’s native token (SOL), which drove its value to an all-time high of $270. These moves signal that there may be more to Trump’s growing interest in cryptocurrencies than meets the eye, though what exactly that may be remains anybody’s guess.

Ethereum Swings Amid Trump Crypto Moves

Eric Trump, an advisor for World Liberty Financial, fanned speculation of a cryptic message on January 19 via X, saying, “Wait until you see what they do tomorrow.” Though the details are not included, the statement is exciting to the cryptocurrency community.

Despite the major acquisition, Ether’s price has shown volatility. Over the past 24 hours, ETH has traded between $3,133.98 and $3,439.78, ultimately settling down 1.5% at $3,230, according to CoinGecko. Interestingly, interest in Ethereum surged, with Google Trends recording peak search popularity for the term on January 19.

The Trump family’s involvement in cryptocurrency has brought both opportunity and turbulence to the market. Notably, Melania Trump launched her own meme coin, MELANIA, just before her husband’s U.S. presidential inauguration. The token rapidly reached a market cap of $6 billion within two hours. However, the launch caused a sharp market response, with Donald Trump’s earlier token losing $5 billion in value and plunging 38% within 40 minutes.

Deals such as the strategic purchases of World Liberty Financial and the very public interest of the Trump family in cryptocurrency mark a growing convergence of politics and digital finance. Whether that is a deeper play into blockchain innovation or an effort to capitalize on market trends, only time will tell. For now, all eyes rest on what’s to become of World Liberty Financial as it cements its position in the crypto ecosystem.

Related |  Pepe Coin (PEPE) Could Be the Next Dogecoin (DOGE), But This Crypto Will be The New Shiba Inu (SHIB)

Ethereum Foundation Shifts Leadership to Boost Developer Support

by

  • Vitalik Buterin announced leadership changes in the Ethereum Foundation, focusing on technical expertise and ecosystem collaboration.
  • The changes aim to enhance communication with developers, users, and Layer 2 projects while maintaining Ethereum’s core values.
  • Buterin emphasized decentralization and neutrality, distancing the foundation from lobbying or centralization.

Ethereum co-founder Vitalik Buterin has announced significant changes in the leadership of the Ethereum Foundation, a new turn in structure and strategy.

In an X post, Buterin outlined his one-year action plan to ramp up the entity’s technical expertise, deploy better relations with its ecosystem participants, and create an ambient environment for developers and builders.

He highlighted that the foundation was working towards having better two-way communication with other actors in the ecosystem, such as app developers, users, wallet providers, and Layer 2 solutions.

He meant that the overall aim is to develop a solid structure where innovation prospers while some essential values like privacy, open-source collaboration, and censorship resistance are cherished.

The restructuring also focuses on bringing fresh talent into the leadership team to enhance execution speed and agility. In such a way, the EF aligns leadership with the technical demands of the Ethereum ecosystem to better support developers and make sure Ether stays at the forefront of blockchain innovation.

Staying True to Ethereum’s Core Principles

Buterin has made it very clear that such restructuring does not mean consolidation of power or even wooing influential figures. He stated that the Ethereum Foundation would not be taking sides, nor would it be “centralized” or try to be a “main character” in the ecosystem.

In the process, by emphatically rejecting both lobbying efforts and ideological shifts, Buterin seeks to reassure the Ether community that the foundation remains committed to its decentralized ethos.

Rather than seeking influence via political channels, the EF will support builders and leverage Ethereum’s own decentralized technology in internal operations such as payments and treasury management.

Buterin’s vision does not stop at technical support. He said the core values of Ether should be reflected in the app layer, which includes protection of users’ rights, inclusivity, and neutrality of the network on a global scale.

Driving Decentralized Innovation

This change in leadership does indeed mark one of those moments when Ether faces increasing pressures to mature along with its growing ecosystem. In reiterating the commitment to further decentralization and making sure innovations around its network are assured, the Ethereum Foundation is paving the way for long-term prosperity of it.

At the same time, Buterin calls for those who have different visions to create their own organizations. In this case, Ethereum has proved to be quite open and permissionless.

All attention in this respect is placed on empowering the builders, ensuring the network is neutral globally, while continuing to innovate and keeping it as close as possible to the foundational principles.

This shift in leadership perhaps marks a new chapter in Ethereum’s continuing evolution. The foundation plays an increasingly active yet balanced role in shaping the future of decentralized technologies.

Related Reading | $TRUMP Memecoin Launch Propels Trump’s Net Worth 5X to $28 Billion

World Liberty Financial Unveils Bold Move to Acquire TRX Tokens

by

  • World Liberty Financial aims to acquire TRX tokens for its treasury.
  • Justin Sun advises World Liberty Financial, increasing Tron’s influence.
  • Tron will sponsor the inaugural crypto gala during Trump’s ceremony.

Trump-backed World Liberty Financial has announced its plan to acquire TRX tokens for its treasury. This latest move reflects the project’s deepening ties to the Tron network and its push to offer widespread crypto-financial services.

World Liberty Financial aims to acquire TRX tokens

World Liberty Financial, a crypto project backed by the Trump family, is planning to acquire Tron (TRX) tokens for its treasury. This move will strengthen the connection between the Trump-backed project and the Tron network. Justin Sun, the founder of Tron and the largest WLFI token holder, already plays an advisory role for World Liberty Financial.

The exact amount of TRX tokens World Liberty Financial intends to acquire remains unclear. However, the crypto project has already raised $90 million through WLFI token sales.

World Liberty Financial is positioning itself as a key player in offering crypto-financial services. The company aims to bring crypto offerings to more users, with Donald Trump as its “chief crypto advocate.” Trump’s return to the White House is expected to usher in a new era for the crypto industry, especially in terms of regulation.

Tron’s involvement with World Liberty extends beyond advisory support. A delegation from Tron is expected to attend Trump’s inauguration on January 20. The Tron network also sponsored the inaugural crypto gala in Washington, D.C., to show its support for the upcoming administration.

World Liberty Financial Treasury

World Liberty Financial’s crypto treasury has seen significant growth in recent months. The project has acquired numerous tokens such as Ethereum, AAVE and Chainlink, to diversify its holdings. Additionally, the company invested over $1 million in tokens like Ondo and Etherna, to further expand its portfolio.

The project’s blockchain wallet holds various crypto assets, including 1,213 ETH, 17.1 million USDC and 6,137 AAVE. The wallet also contains substantial holdings in WBTC, LINK and other altcoins such as UNI and PEPE. This shows World Liberty Financial’s commitment to strengthen its financial position.

Impact of the Announcement and TRX Price Action

TRX saw a surge in value, reaching a high of $0.2587 in a day following the acquisition reports. However, the token quickly lost momentum and dropped by 6.41% to $0.2421. Currently, TRX is down by 0.95% over the past day and 0.38% over the past week.

image 73 1

The announcement of the potential TRX acquisition highlights the growing importance of crypto projects in political and financial spheres. As Trump’s presidency is poised to influence crypto regulation, the ties between World Liberty Financial and Tron are expected to have significant implications. 

Ethereum vs. Solana: The Ultimate Battle for Blockchain Supremacy

by

  • Ethereum’s scaling challenges, particularly with L2 blob space, pose significant threats despite its widespread adoption and reliability.
  • Solana’s performance metrics and speculative use cases highlight its growth but fail to rival Ethereum’s long-term reliability and decentralization.
  • Immediate upgrades and scaling solutions are vital to prevent bottlenecks and maintain Ethereum’s dominance in decentralized finance.

DBA’s co-founder, Jon Charbonneau, fired up the discussion by introducing a comprehensive post that outlines the differences between Ethereum and Solana. Charbonneau formulated his view, which, in his opinion, Ethereum’s prestige, scale, and ecosystem give such an advantage.

After he recognized recent progress made by Solana, Jon Charbonneau insisted that its reliance on a hype-driven thrust and the history of outages are some major factors for not being considered a major player in the financial industry.

Ether’s teams also include inflation control, a network of non-holders, and the inclusion of an ETF as a means of improving its attraction. Charbonneau brought to light that Ether’s team has remarkable developer talent to ensure it will remain a leader in innovation and adaptability.

However, Solana has to suffer from competition from future chains that may exceed its performance levels and cover a bigger area, giving rise to the question of its future dominance.

Ethereum’s Scaling Concerns

Brantly Millegan and Gautham raised the issue of scalability in Layer 2 (L2) for Ethereum, which is very pressing. Millegan explained the surprising positive outcomes of Ether but he also highlighted the need for L2 expansion which should keep pace with the growing user demand.

Gautham painted a darker view of the ETH Blob space bottleneck, explaining that the current storage capacity at three blobs per block is almost full.

At the rate that the cryptocurrency is growing, Ethereum could face a wall in May 2025, which would lead to the increase in transaction costs and congestion. Even increasing storage to double of the current figure, or six blobs, which is the plan in the Pectra update, is just a short-term solution.

This increasing stress will not only affect decentralized exchanges but it will also bring about higher transaction fees that become unbearable during peak hours. Significant improvements are now underway in the core part of the protocol. In addition to the EIP-4488 upgrade, other mid- and long-term solutions such as the PeerDAS and the advanced data availability scaling are the most important.

The Urgency for Solutions

Although there is growing pressure, Ethereum still is a fundamental investment in DeFi, the L2 networks it develops have gotten immense, and it’s easy to see the attraction among the users. Unfortunately, without timely scaling solutions, the risk of users migrating to other platforms is higher.

By integrating innovation and scaling, Ethereum will be able to not get overtaken by other crypto platforms, while the community will closely watch the competition to maintain its dominance.

Related | Wyoming Introduces Bill to Allow Bitcoin Investments in State Funds

TRON Slashes $6 Billion in Illicit Volume, Fuels TRX Growth

by

  • TRON’s illicit volume falls by $6 billion in 2024, boosting TRX’s appeal..
  • Positive market reaction follows T3 crackdown on illegal transactions.
  • TRX sees growth, with whales increasing their investments in the token.

In 2024, TRON achieved a significant milestone by slashing illicit volume by $6 billion. This success is creating a ripple effect across the market, propelling TRX’s price and fostering trust in the blockchain’s long-term potential in the crypto space.

Major Drop in Illicit Volume

TRON’s blockchain network has experienced a notable reduction in illicit activities, with illicit volume dropping by $6 billion in 2024. This decline reflects the blockchain’s successful efforts to combat criminal activity, enhancing its reputation. As a result, TRON’s native token, TRX, has seen positive market reactions, gaining value in recent days.

The TRON blockchain has for a long time faced criticism for its association with illicit activities. In 2024, it accounted for 58% of illicit volume, the highest among major blockchains. However, a collaborative effort between TRON, Tether and TRM Labs through the T3 Financial Crime Unit (T3 FCU) has helped to significantly decrease these illegal transactions.

According to a report from TRM Labs, illicit activity on TRON dropped by $6 billion. This represents a decrease of approximately 50% TRON-related illicit volume, reflecting the effectiveness of these initiatives. In August 2024, the T3 FCU froze over $130 million in illicit assets, further demonstrating its commitment to address the issue.

TRON’s efforts, combined with its low transaction fees, robust smart contracts, and popular stablecoins, have made it a preferred blockchain for many users. These features have attracted more legitimate users while reducing criminal involvement. Although it has faced challenges in the past, TRON’s blockchain continues to advance and improve its appeal to more users.

Overall Illicit Volume IN Crypto Market

Moreover, the broader cryptocurrency market has also seen a reduction in illegal activities. In 2024, the total illicit volume dropped by 24%, from $59 billion to $45 billion. While illicit volume still represents a small portion of total transactions, this downward trend highlights improved security and transparency in the crypto space.

Other blockchains also witnessed a significant drop in illicit volume. Ethereum blockchain came in second with a 24% drop in illicit volume , Bitcoin saw a 12% drop while BNB Smart Chain and Polygon witnessed a 3% drop each.

This highlighted the growing need for blockchains with low transaction fees, smart contracts, and popular stablecoins.

Price Action

The drop in illicit activities on TRON has also positively impacted the price of TRX. Over the last 24 hours, TRX saw a 3.02% increase, strengthening its market momentum. Technical indicators, such as the RSI and MACD, show that buyer interest is growing, further boosting confidence in TRX.

TRX MACD RSI
TRON Slashes $6 Billion in Illicit Volume, Fuels TRX Growth 7

The involvement of large holders,whales, has also contributed to TRX’s upward trend. These investors have shifted their focus toward TRX, leading to positive netflows. This increase in capital inflows suggests that whales remain confident in the future potential of TRX.

The reduction in illicit activities on TRON is likely to foster further growth and adoption of the network.

Ethereum’s Next Move Is Coming, Bearish Sentiment Called Mistake

by

  • Ethereum hаs lost 18% of its vаluе аgаinst Bitcoin in thе pаst six wееks.
  • Crypto trаdеr Merlijn Thе Trаdеr wаrns аgаinst undеrеstimаting Ether’s potеntiаl, citing undеniаblе momеntum.
  • Historicаl trеnds аnd post-hаlving pаttеrns suggеst Ethereum could soon trаnsition into а powеrful rаlly.

Ethereum, thе world’s sеcond-lаrgеst cryptocurrеncy by mаrkеt cаpitаlizаtion, hаs fаcеd а chаllеnging six wееks, losing 18% of its vаluе аgаinst Bitcoin. Dеspitе this dеclinе, trаdеrs rеmаin optimistic аbout its futurе prospеcts. Somе hаvе dеscribеd thе bеаrish sеntimеnt аround Ether аs а misstеp, аrguing thаt thе digitаl аssеt could bе on thе brink of а significаnt rеcovеry.

Ethereum Poised for Powerful Rally

On Jаnuаry 16, crypto trаdеr Merlijn Thе Trаdеr cаutionеd his 378,200 X followеrs аgаinst undеrеstimаting Ether’s potеntiаl, stаting, “Bеing bеаrish on Ethereum now is а mistаkе. Thе momеntum is undеniаblе, аnd thе nеxt movе is coming.” At prеsеnt, thе ETH/BTC rаtio stаnds аt 0.0332, а drop of 17.5% sincе Dеcеmbеr 5, аccording to TrаdingViеw dаtа.

Xpost ETH
Source: Merlijn The Trader

Historicаl trеnds sееm to еcho Mеrlijn’s optimism. During thе lаst bull cyclе in 2021, thе ETH/BTC rаtio bottomеd out аt 0.03 in Mаrch bеforе surging to 0.077 just two months lаtеr. Ovеr thе sаmе pеriod, Ether’s pricе skyrockеtеd by 110%, pеаking аt $3,817. Adding to this sеntimеnt, trаdеr “crow” dеclаrеd thе bottom is in, sаying, “$ETH will outpеrform Bitcoin this yеаr.”

Anothеr notаblе obsеrvаtion comеs from trаdеr Evcа Wolf, who аnаlyzеd Ethereum’s bеhаvior during prеvious Bitcoin hаlvings. In а Jаnuаry 12 X post, shе highlightеd how thе ETH/BTC pаir typicаlly undеrpеrforms immеdiаtеly аftеr а hаlving but еvеntuаlly rаlliеs strongly.

Evcа’s chаrt compаrеd post-hаlving pаttеrns from July 2016, Mаy 2020, аnd thе currеnt cyclе, which bеgаn in April 2024. Historicаlly, Ethereum consolidаtеd for 245 dаys аnd 329 dаys in thе 2016 аnd 2020 cyclеs, rеspеctivеly, bеforе brеаking out. In thе ongoing cyclе, thе ETH/BTC pаir hаs bееn consolidаting for 259 dаys, closеly аligning with thеsе pаttеrns. Evcа prеdicts thе currеnt consolidаtion phаsе will soon trаnsition into а powеrful rаlly.

ETH Xpost 1
Source: Evcа Wolf

Ethereum’s Broader Outlook

Ethereum’s trаjеctory could аlso bеnеfit from broаdеr dеvеlopmеnts in thе crypto spаcе. Apollo co-foundеr Thomаs Fаhrеr suggеstеd thаt initiаtivеs likе thе Strаtеgic Bitcoin Rеsеrvе, if implеmеntеd undеr US Prеsidеnt-еlеct Donаld Trump, might hаvе а ripplе еffеct on Ether. Fаhrеr аnticipаtеs Bitcoin could rеаch $1 million this cyclе, with Ether potеntiаlly hitting $4,000.

Ether briеfly tеstеd thе $4,000 mаrk in Dеcеmbеr but hаs sincе rеtrаcеd to $3,372. Bitcoin, on thе othеr hаnd, is trаding аt $101,393, hаving fluctuаtеd аbovе аnd bеlow thе $100,000 lеvеl sincе first crossing it in Dеcеmbеr.

Dеspitе bullish prеdictions, somе аnаlysts rеmаin cаutious. Finаnciаl аnаlyst Rаjаt Soni highlightеd concеrns аbout Ethereum’s post-Mеrgе pеrformаncе in а Jаnuаry 16 X post. Hе notеd thаt Ethereum “wаs supposеd to bеcomе dеflаtionаry” following thе Mеrgе in Sеptеmbеr 2022. Howеvеr, thе supply hаs nеаrly rеturnеd to prе-Mеrgе lеvеls, rаising quеstions аbout whеthеr thе trаnsition is dеlivеring its intеndеd outcomеs.

Related Readings | Ethereum Gains Strength as $7,100 Target Comes Into Focus but Bears Lurk

XRP Surpasses Bitcoin in Search Trends Amid $3 Breakthrough

by

  • XRP surgеd to $3.15, а 50% risе in 15 dаys, nеаring its $3.40 аll-timе high.
  • XRP/BTC pаir brokе аn 8-yеаr rеsistаncе, signаling its strеngth аgаinst Bitcoin.
  • Thе cryptocurrеncy ovеrtook Bitcoin in Googlе Trеnds, gаining 58,000 nеw holdеrs in 2025.

XRP, thе sixth-lаrgеst cryptocurrеncy by mаrkеt cаpitаlizаtion, hаs surgеd to $3.15 for thе first timе sincе 2018, mаrking а significаnt milеstonе in 2025. Ovеr thе lаst 15 dаys, thе аltcoin hаs soаrеd by 50%, lеаding thе pаck аmong thе top 10 cryptocurrеnciеs.

Thе digitаl аssеt now sits just 7.7% bеlow its аll-timе high of $3.40. Optimism is brеwing аcross thе mаrkеts, with mаny аnticipаting а pеriod of pricе discovеry in thе coming wееks. Its pricе movеmеnts hаvе dеmonstrаtеd rеmаrkаblе rеsiliеncе, wеаthеring mаrkеt corrеctions thаt sаw mаjor cryptocurrеnciеs likе Bitcoin аnd Ethereum drop significаntly.

Adding to thе momеntum, it hаs ovеrtаkеn Bitcoin in globаl Googlе sеаrch trеnds. As of Jаnuаry 15, it bеcаmе thе most sеаrchеd cryptocurrеncy. An X usеr, “Cryptowolf,” cаpturеd thе sеntimеnt, noting, “XRP flippеd Bitcoin on Googlе Trеnds аnd bеcаmе thе most populаr coin in thе world.”

XRP
Source: Cryptowolf

XRP’s Breakthrough Against Bitcoin

Thе аltcoin’s pеrformаncе аgаinst Bitcoin аlso pаintеd а promising picturе on thе chаrts. Thе XRP/BTC trаding pаir brokе аn 8-yеаr dеscеnding rеsistаncе, signаling thе аltcoin’s growing strеngth rеlаtivе to Bitcoin.

Mеаnwhilе, thе numbеr of holdеrs hаs grown substаntiаlly, with аn аdditionаl 58,000 holdеrs joining thе so-cаllеd “XRP аrmy” in 2025. This growth rеflеcts thе аssеt’s strong community support аnd а long-tеrm invеstmеnt outlook аmong its holdеrs.

In contrаst to prеvious rаlliеs in thе broаdеr crypto mаrkеt, thе coin’s rеcеnt surgе hаs bееn primаrily fuеlеd by spot invеstors rаthеr thаn dеrivаtivеs trаdеrs. Dom, аn ordеr flow аnаlyst, commеntеd on this trеnd, sаying thаt thе coin’s $3 rеtеst wаs complеtеly drivеn by dеmаnd from spot holdеrs. Hе furthеr notеd thаt its funding rаtеs аnd spot prеmiums rеmаin stаblе, suggеsting orgаnic dеmаnd. Dom аddеd, “If I sаw this with $BTC, I would simply sаy wе аrе going much highеr.”

XRP Aiming to Flip Ethereum

Thе coin’s rаlly hаs spаrkеd spеculаtion аbout its potеntiаl to ovеrtаkе Ethereum. Somе community mеmbеrs suggеst thаt if it continuеs to risе аt its currеnt pаcе, it could аchiеvе this fеаt with а 2.5x rеturn. A trаdеr boldly dеclаrеd, “$XRP will tаkе ovеr $ETH аt #2 rеаlly soon.”

For XRP to surpаss Ethereum’s mаrkеt cаpitаlizаtion, it would rеquirе аn inflow of $231 billion. Blockchаin, аn X аccount, pointеd out thаt thе tokеn hаs аlrеаdy grown from $50 billion to $180 billion in just two months. With аn аdditionаl $130 billion аnd fаvorаblе rеgulаtory dеvеlopmеnts, thе goаl аppеаrs аttаinаblе.

Jеth, co-foundеr of Sovrun, wеighеd in on thе dеbаtе, еmphаsizing, thеrе is no rеаson to hold ETH ovеr $XRP аnymorе. Whilе Ethereum mаy hаvе strongеr fundаmеntаls, Jеth аrguеs thаt thе cryptocurrеncy bеnеfits from positivе rеgulаtory momеntum, еspеciаlly аs thе Unitеd Stаtеs prеpаrеs to ushеr in its first pro-crypto govеrnmеnt on Jаnuаry 20.

Related Readings | Bitcoin Holds Strong Above $94K Amid Market Correction: Key Levels to Watch

Ethereum Whales Offload Large Amounts at Loss as ETH Struggles to Break $3500

by

  • Ethereum whales sold 10,070 ETH at a $1M loss, signaling growing market caution.
  • Ethereum’s supply rises to 45K ETH monthly, nearing pre-merge supply levels.
  • Ethereum’s ongoing upgrades and AI integration highlight its long-term potential.

Ethereum whales are selling off their holdings as ETH fails to stay above $3,500. The data from LookOnChain indicates that three wallets that possibly belong to the same whale made a major sale of 10,070 ETH for $33 million DAI at $3,280 per ETH. This movement led to a $1m loss, indicating low confidence among the big investors.

This whale has been identified as having withdrawn 24,029 ETH from Binance three weeks ago, which equals $81.3 million. These funds were divided into 10 new wallets. After this recent sell-off the whale still holds 13,959 ETH worth $45.48 million across these wallets.

Ethereum Supply Returns to Pre-Merge Levels

The Ethereum network has experienced some changes in supply, which is close to what it had before the Ethereum Merge. Crypto analyst Benjamin Cowen believes the rise of 45,000 ETH per month indicates that deflationary pressures are expected to kick in post-merge. Ethereum’s supply is only 32,000 ETH away from the pre-merge supply, adding to the market’s woes.

The inflationary trend has been observed for the past ten months and has compounded investor nervousness. Demand has stayed low after a slight increase in the first half of 2024 due to interest rate cuts, which negatively affect ETH prices.

ETH Price Outlook and Market Analysis

Despite the sell-off, leading crypto analysts are still hopeful about Ethereum’s long-term prospects. According to Altcoin Sherpa, a popular market analyst, Ethereum is possibly going through a market cycle of liquidations, temporary bounce back, and a rise. Outlooks for ETH to trade through $10,000 before mid-2025 remain contingent on reduced sell-offs and improved market sentiment.

Ethereum’s price continues to struggle with resistance, falling 2.6% in the last 24 hours to $3,154.04. Market analysts have identified critical resistance zones between $3,360 and $3,450; support zones are $3,066 and $3,160. Traders wading through the current market uncertainties need these benchmarks to guide them.

Development and Future Prospects

In a separate development, Tron founder Justin Sun deposited $320.4m worth of ETH into crypto exchange HTX over the past 24 hours. As per data provided by Blockchain data provider Spot On Chain, Sun has deposited a total of 323,591 ETH, valued at $1.124 billion, to the exchange since November 24. These deposits were dumped at an average of $3,472 per ETH purchased earlier in 2024 at $3,036.

image 35 39
Ethereum Whales Offload Large Amounts at Loss as ETH Struggles to Break $3500 12

However, Ethereum has not lost its position and is still one of the most important elements of the blockchain industry. Ongoing developments, including Pectra and Fusaka, are intended to improve the protocol’s ease of use. The co-founder Vitalik Buterin has also pointed out that it can easily be integrated with other new technologies, such as artificial intelligence, thus making it quite attractive to investors who view it as a long-term investment.