Ethereum is trading near $2.5K after a sharp correction from the $2.7K resistance area, with the latest price action putting a key support zone under pressure.
Spot Solana ETFs also posted $25 million in outflows, ending a 14-week inflow streak as crypto-fund flows turned lower.
U.S. spot Ethereum ETFs recorded $542.1 million in net outflows last week, while Solana ETFs ended a 14-week inflow streak.
Ethereum added $243.4 million in stablecoin market capitalization over seven days through Oct. 10, while Ether fell 7.1% to $2,492.27.
Can Ethereum' stablecoin growth help Ethereum reverse the recent losses that it incurred?
U.S. spot Ether ETFs posted $542.2 million in combined net outflows across five trading sessions, extending a nine-session losing streak.
The Blockstream CEO defended Bitcoin's UTXO design as Ethereum researchers discussed potential AI threats to blockchain cryptography and a draft transaction proposal.
Ether reached $2,504 at 10:28 a.m. ET on Oct. 10, up from $2,498 15 minutes earlier and 0.19% from one hour earlier.
Ether reached 2,500.05 USDT at 10:26 a.m. ET (14:26 UTC) Saturday, Oct. 10.
Ethereum longs are rising sharply, but is a hidden catalyst driving bullish positioning?
Ethereum's development goals could be delayed until 2040 or 2050 without advances in artificial intelligence, Buterin said.
The five-session outflow included $477.1 million from BlackRock's ETHA, while redemptions extended to nine consecutive trading days.