Ethereum price held near $2,440 as digital assets extended a strong recovery following seven months of losses from January's highs. The total cryptocurrency market increased 0.5% within 24 hours, reaching approximately $2.65 trillion.
Ethereum (ETH) is eyeing a near-term rally toward $2,800 as its 365-day MVRV ratio approaches the zero line. In the past, this has signaled the start of a bull market.
Ethereum's dominance in RLUSD supply highlights its growing appeal to institutions seeking DeFi integration and regulatory clarity, impacting XRPL's role. RLUSD supply on Ethereum surpasses XRPL, grows 93% in 30 days.
What happened Russia's biggest bank is moving into crypto — fast.
Sberbank's crypto-backed loan plans could boost institutional crypto adoption in Russia, potentially influencing Bitcoin's market dynamics. Sberbank plans USDT, Ethereum loans pending Russian regulatory approval.
Ethereum price prediction after a 30% August rally: ETH sits at $2,453 with RSI cooling. Here are the bullish and bearish ETH price targets.
Ethereum declined to $2,436 on August 29 amid a broader cryptocurrency market downturn that saw values drop 1.71% within 24 hours, bringing the total crypto market capitalization to $2.62 trillion. Bitcoin hovered below $78,000 while XRP traded near $1.38.
A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own playbook against it for a $7.5 million payday.
The streak of Ethereum spot ETF inflows indicated firm demand, but derivatives data showed aggressive selling at the same time.
Ethereum ETFs' surge in inflows highlights growing institutional interest, potentially narrowing the gap with Bitcoin ETFs and boosting crypto markets. ETH ETFs see highest monthly net inflows since August 2025.
The $201.9 million reversal left Bitcoin's week positive and supplied only one session of evidence for a cross-asset shift.
BlackRocks iShares Ethereum Trust ETF (ETHA) has recorded approximately $1.02 billion in net inflows across nine consecutive U.S. trading sessions from August 17 through August 27, highlighting sustained institutional demand for Ethereum exposure. According to SoSoValue data, ETHA posted positive flows during every session in the period, avoiding the withdrawals seen by some competing U.S. spot Ethereum ETFs.