Ethereum nears $2,100 as analysts debate whether reclaimed support can drive ETH toward $2,500 or trigger another correction.
Although Ethereum holders have gone through one of the worst times in the asset's history, the most recent on-chain data indicates that this protracted suffering might eventually serve as the basis for the upcoming bullish phase.
Ethereum finds itself trapped in a consolidation zone beneath the psychologically important $2,000 mark. On July 23, the asset exchanged hands near $1,927 following an intraday peak of $1,941.
Ethereum (ETH) options open interest on Deribit tilted toward puts ahead of Friday expiries, signaling a more defensive stance even as spot prices slid toward key strike levels that could influence intraday hedging flows. Solana (SOL) positioning appeared broadly balanced, while XRP (XRP) showed a split picture—bullish open interest on paper, but put-heavy trading over the past day.
U.S. Spot ETH ETF has seen net inflows in the past two weeks.
Whitehat 0xflorent helped recover 1,003 ETH, about $2M, locked in a faulty 2016 HongCoin ICO contract after exploiting an overflow bug.
Arthur Hayes kept buying ETH, joining a whale returning after three months.
Cryptocurrency founders and key figures are outlining what they believe to be or should be Ethereum's winning strategy.
The Clarity Act aims to redefine crypto regulation for digital commodities. Clarity Act signed into law by 2026 at 36.5% YES.
CryptoQuant says Ethereum is trading about 17% below its realized price, a level that has historically aligned with long-term undervaluation. Several onchain metrics are improving against Bitcoin, but only two of five major bottom indicators have reached historical reversal levels.
$67M Ethereum Short On Hyperliquid Shows How Institutional Trading Is Moving On-Chain - Read the full analysis.
The Verus-Ethereum Bridge suffered its second exploit in two months, with attackers draining $7.3 million to $7.5 million in various digital assets. Flawed Logic Behind the Breach The Verus-Ethereum Bridge smart contract was exploited again on Thursday, with attackers draining $7.3 million to $7.5 million in different digital assets, according to blockchain security researchers.