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Last Chance for Ethereum? ETH Price Pattern Breaks Down as $4K Must Hold
Crypto Trends

Last Chance for Ethereum? ETH Price Pattern Breaks Down as $4K Must Hold

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Key takeaways:

  • ETH risks a 15% correction toward $3,560 after breaking below its symmetrical triangle pattern.

  • Bulls must defend the ascending trendline support to avoid a deeper decline.

Ethereum’s Ether (ETH) token price has plunged by more than 7.50% this week, led by de-risking sentiment across the crypto market.

ETH/USD daily price chart. Source: TradingView

Moreover, technical analysis shows that the ETH price drop has triggered a classic bearish reversal setup that risks more downside ahead.

Ether price risks 15% drop in the near term

Ethereum’s breakdown from the symmetrical triangle tilts the short-term outlook bearish. Typically, such patterns resolve in the direction of the prevailing trend, but a downside breach can flip the pattern into a reversal signal.

The measured move from this triangle setup points toward $3,560, suggesting ETH could fall another 15% from current levels before October if selling pressure persists.

ETH/USD daily price chart. Source: TradingView

The target falls in the support range that analyst Michaël van de Poppe highlights.

In his Tuesday post, the chartist discusses the prospects of the ETH price falling inside the $3,550-3,750 area, noting the 20-week exponential moving average (20-week EMA; the blue wave in the chart below) at around $3,685.

ETH/USD weekly price chart. Source: TradingView/Michaël van de Poppe

“Compression is building up –> Big move to occur at a later time,” Poppe says, adding:

“It’s now down nearly 20% from the high, not a bad spot to be accumulating your first positions.”

However, the bulls have one line of defense despite the triangle breakdown setup.

ETH is hovering near a rising trendline that has underpinned its uptrend since April, and preceded 90-125% rallies.

ETH/USD daily price chart. Source: TradingView

A bounce from the trendline, followed by a decisive close above the 50-day exponential moving average (50-day EMA; the red wave) near $4,250, could trigger an extended recovery toward the triangle’s upper trendline, aligning with the $4,600-4,700 range.

Ethereum rebound could extend to $7,000

Bouncing from the ascending trendline support increases Ether’s odds of hitting a new record high at $7,000, according to a separate analysis shared by Crypto GEMs.

The outlook is based on the Wyckoff Accumulation method, which suggests ETH has already completed its “spring” and “test” phases earlier this year.

These phases typically mark the end of a bearish cycle and the beginning of a sustained markup.

ETH/USD daily price chart. Source: TradingView

In this framework, Ethereum’s recent decline represents the “Last Point of Support” (LPS), a healthy retest of a former resistance level before price resumes higher.

The setup puts ETH on course for a breakout rally targeting the $7,000 area if validated.

Related: ETHZilla unleashes fresh $350M war chest for Ethereum bets

That means at least 65% gains by 2025’s end, echoing several other ETH price targets shared by analysts earlier this year.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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Will the 1500% surge continue?
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Synthetix to launch first perps DEX on Ethereum mainnet

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Synthetix is set to launch the first perpetual decentralized exchange on Ethereum mainnet in Q4 2025, kicking off with a $1 million trading competition.

Summary

  • Synthetix to launch first perpetual DEX on Ethereum mainnet in Q4 2025.
  • Traders can use sUSDe, wstETH, and cbBTC as multi-collateral margin.
  • Launch begins with a $1M trading competition starting in October.

Synthetix is preparing to launch the first perpetuals exchange on Ethereum mainnet, starting with a trading competition that offers a $1 million prize.

On Sept. 22, 2025, Synthetix Network (SNX) announced plans for its competition and upcoming perpertual DEX, which will feature gasless trading, zero settlement costs, and multi-collateral margin. 

Traders will be able to use assets like Ethena’s sUSDe, Lido’s wstETH, and Coinbase’s cbBTC as margin to produce yield while trading. This model makes use of Ethereum’s (ETH) extensive liquidity, which presently totals more than $90 billion across its liquidity, staking, and lending pools.

Multi-collateral margin and strategies

The mainnet launch introduces multi-collateral margin, letting traders post portfolios of assets, including yield-bearing collateral, without selling them. This enables users to earn funding or staking yields, keep exposure to ETH or BTC, and avoid triggering taxable events when opening perp positions.

Synthetix expects that this design will increase the efficiency and profitability of arbitrage strategies such as basis trading. For example, traders can deposit wstETH, short ETH perps in equal size, and benefit from staking rewards and positive funding payments.

By enabling these setups directly on Ethereum, Synthetix removes the need for bridging and expands composability with decentralized finance protocols like Aave.

Synthetix trading competition details

Starting in October, Synthetix will hold a one-month trading competition prior to launch, with 100 traders chosen from among Kwenta point holders, top users, and pre-depositors.

Using seeded margin capital, competitors will compete in well-known markets like BTC, ETH, SOL, and DOGE. The winner will receive $1 million, along with additional rewards in SNX tokens and special benefits for other top performers.

In addition to strengthening infrastructure and improving integrations with market makers and liquidity providers, the event aims to stress-test the exchange under real-world market conditions. Reward distribution will take place directly onchain, and winners will be revealed in November.

Synthetix hopes that this launch will position the Ethereum mainnet as a hub for high-performance perpetual trading that blends decentralized security and deep liquidity.



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Bitmine Now Holds 2% Of Ethereum, Raises $365M To Buy More
GameFi Guides

BitMine Now Holds 2% of Ethereum, Raises $365M to Buy More

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BitMine Technologies, a crypto treasury company led by Tom Lee, shared today that it now owns 2.4 million Ethereum coins. This is more than 2% of the total Ethereum supply.

In the press release, the company said the coins are worth about $10.1 billion at today’s prices, making it the biggest company holder of Ethereum in the world. The company confirmed that it bought its coins at an average price of $4,500 each. This is about 7.25% higher than the current market price of $4,200. Even though the coins are worth less now than when they were bought, BitMine believes this is a smart move for the long run. 

According to Strategic ETH Reserve data, no other corporate treasury holds as much ETH. The second biggest corporate holder is SharpLink Gaming, which owns 838,150 coins.

Bitmine Holding surpass other cooperate holding | Source: Strategic ETH Reserve

BitMine’s combined assets, including its cash, equity, and crypto combined, now total $11.4 billion. This places the firm as one of the biggest crypto treasuries, along with Strategy, which owns 639,835 coins worth over $74 billion. 

Meanwhile, the company started buying ETH aggressively earlier this month, when it purchased 46,255 ETH for $200 million. It added $65 million more shortly after which increased its share of total supply to 1.5%.

To raise more money, BitMine sold 5.22 million shares at $70 each on September 22, which is a 14% premium compared to the September 19 closing price of $61.29. The company also issued 10.4 million warrants that can be used to buy shares later at $87.50 each. From the share sale alone, BitMine raised $365 million. If all warrants are used, it could collect as much as $913 million more.

BitMine stock (BMNR) Share Chart | Source: Yahoo Finance

But, despite this, BitMine stock (NYSE: BMNR) is down 10% in pre-market trading today. At the time of writing, it has dropped under $55 as Ethereum also slipped 7.42% on the same day, according to CoinMarketCap.

Also Read: Low-Risk DeFi Can Lead Ethereum, How Search Did For Google: Buterin



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Dogecoin, Solana and Ethereum Plunge as Crypto Liquidations Near $1.7B

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In brief

  • The crypto market retreated sharply Monday morning, with the total market cap dropping to $3.98 trillion.
  • More than 390,000 traders were liquidated, with longs making up the bulk of the $1.68 billion in losses.
  • Dogecoin dropped by 10%, leading losses among the top 10, while Bitcoin held relatively firm in comparison to altcoins amid volatile macro conditions

Crypto markets saw another sharp retreat as liquidations totaled nearly $1.7 billion in the past day, with Dogecoin, Solana and Ethereum leading losses among the top 10 cryptocurrencies by market cap.

The price of Bitcoin dropped by 2.3% on the day, posting smaller losses than those of Ethereum and other major altcoins as immediate price pressure piled on alternative assets. Dogecoin was the hardest hit, dropping by 9.9% on the day, followed by Solana (down 6.9%) and Ethereum (down 6.2%), per data from CoinGecko.

The broader market also declined, with CoinGecko data showing total crypto market capitalization at about $3.98 trillion after a 3.7% daily drop.

Around $1.68 billion in positions were wiped out across major exchanges over the past 24 hours, with more than $1.6 billion coming from long positions, according to Coinglass data.

Over 390,000 traders were liquidated in the past 24 hours, with the largest single order, worth $12.7 million on OKX’s BTC-USDT swap, per Coinglass.

Ethereum, meanwhile, saw $501 million in positions liquidated, while Dogecoin lost about $61 million, placing both among the top tokens under pressure.

“The $1.7 billion in liquidations reflects an aggressive flush of leverage from the system,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decrypt.

Some 95% of positions wiped out “were longs, which shows this wasn’t a short squeeze: it was overexposed bulls getting caught,” he said. “Once ETH and DOGE rolled over, cascading margin calls forced positions to close, with more than $1 billion liquidated in just one hour at the peak.”

Users of prediction market Myriad, launched by Decrypt’s parent company DASTAN, flipped bearish on Bitcoin Monday morning, with a slim majority of predictions now expecting Bitcoin to drop to $105,000 next rather than top $125,000. However, a substantial majority of predictions see Bitcoin holding above $105,000 throughout September.



A “classic liquidity spiral”

Sector breakdowns pointed to sizable losses in riskier categories, with leveraged futures and perpetual positions seeing outsized liquidations relative to shorts.

“Leveraged longs were the first to be squeezed, draining liquidity and widening spreads in a classic liquidity spiral,” Vincent Liu, chief investment officer at Kronos Research, told Decrypt.

Still, despite the “short-term carnage,” the liquidations expose “where capital was stretched too thin, while accumulation will slowly rebuild market depth,” he said.



The liquidations reflected forced unwinding of leveraged longs, with shorts accounting for only about $84 million.

Asked about exposure, Liu said that “large-cap altcoins and leveraged DeFi tokens” are most at risk, with liquidations “hitting those with thinner liquidity first.”

Such a scenario “reflects a risk-off sentiment, where traders are trimming positions across the board,” and shows how the market stress-tests liquidity.”

The latest wave unfolded amid a volatile macro backdrop after the Federal Reserve’s recent rate cut, which barely budged the market and even resulted in a brief rebound before the weekend.

Looking ahead, the crypto market’s next moves “may hinge on Thursday’s jobless claims and Friday’s August PCE inflation data,” Liu said, adding that “a dovish read could spark a bounce, while hawkish surprises may trigger further stress the market.”

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Ethereum Price Prediction in September as Traders Watch PEPENODE as Next 1000x Crypto
NFT Gaming

Ethereum Price Prediction in September as Traders Watch PEPENODE as Next 1000x Crypto

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The most recent Ethereum price predictions hint at a rich end of the month for Ethereum with a potential October bull ready to attack.

This optimistic outlook comes as Ethereum just recorded the lowest 7-day average of the year at 0.93 as $ETH has been on a downward spiral since the 19th.

Cryptoquant believes that there’s a simple explanation for the discrepancy: the current bearish consensus is likely to attract long investors.

An extreme bear market always creates investment opportunities, especially in the institutional sphere, giving off a powerful buy signal. Before that happens, though, we may see an even more abrupt correction if $ETH fails to consolidate above $4,000.

Either way, Pepenode ($PEPENODE) stands to gain massively in the coming months, as investors already see it as the next 1000x crypto currently in the presale oven.

Will Ethereum Recover in October?

It’s very likely that Ethereum will begin to recover as October sets in as the next FOMC meeting draws close.

The last meeting took place on September 16-17, which saw Bitcoin add almost $3K to its price, stopping just shy of $118K. Then came the 19th and the entire market entered a brutal correction phase with red across the board.

$SOL, $ADA, $DOGE, $XRP, and $ETH are the biggest losers in the top 10, which brings us to the main point of this article: it’s not Ethereum, it’s the market. The bearish wave is a symptom of stronger shorts, as investors capitalize on the recent pump following September’s FOMC meeting.

We expect the market to change direction in October, especially since FedWatch puts the odds of another tax rate cut at almost 92%.

Simply put, this means that the next bull phase, expected near mid-October, will likely push Bitcoin to a new ATH, which means $ETH could also see a breakout above $5,000.

Analyst Lark Davis is smashingly optimistic, reminding us that Ethereum’s charts look ‘eerily similar to September 2020’, when the market embarked on a ‘multi-month bull run’.

This means that $ETH’s recent contraction is temporary, and we may see a rally in early October, so long as the coin holds above $4K. If not, we could see a crash to $3.5K, which would push the bull pump to late October.

Pepenode’s $1.3M presale stands to gain either way, as it’s already on the road to becoming the next big hit of 2025.

How Pepenode Brings Coin Mining Into the Presale Sphere

Pepenode ($PEPENODE) addresses the main problem associated with modern presales: the lack of incentives for early participation. You can draw in investors with a meaty staking reward, rich post-launch promises, and a fat ROI if the token goes ballistic.

But that’s not enough. You need a system to keep investors engaged beyond the simple buy-and-forget tactic, which is how most presales operate, and Pepenode has the solution: active mining gameplay.

Pepenode allows you to buy your own mining nodes, upgrade them, and create your personal virtual mining facility, which allows you to mine tokens.

The leaderboard keeps track of the top miners and rewards them with higher staking rewards and bonuses based on their progress. Post-launch, you’ll also receive rewards in actual meme coins like $DOGE, $PEPE, and $FARTCOIN.

Pepenode allows you to learn and practice your coin mining without dealing with expensive rigs, spicy electricity bills, and melted GPUs. Professional crypto miners are also expensive and often difficult to set up, making them unfit for casual miners.

With Pepenode, you can experience coin mining with the help of a personalized setup, which you can upgrade at your own pace.

Our price prediction for $PEPENODE is $0.0023 by the end of the year and $0.0244 by 2030. Based on the token’s current presale price of $0.0010702, we’re looking at a 5-year ROI of 2,179%. If the token sees mainstream adoption, it could climb even higher.

And let’s not forget about the staking APY, currently at 969%, further incentivizing early participation.

You can read about how to buy $PEPENODE right here and visit the presale page to grab your tokens today.

This isn’t financial advice. Do your own research (DYOR) and manage risks wisely before investing.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/ethereum-prediction-traders-watch-pepenode-as-next-1000x-crypto/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Trends

Bullish Continuation Setup Says Ethereum Price Is Headed For $6,500, Here’s When

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After hitting a new all-time high back in August 2025, the Ethereum price has since slowed down, ranging around $4,200-$4,400 for the most part since the correction. Nevertheless, the cryptocurrency, which is the second-largest digital asset by market cap, is expected to rally again, since it only barely surpassed its previous all-time high by atone $100. For bullish analysts, the target for the cycle still remains that the Ethereum price will cross the $5,000 mark, but will not stop until it crosses above $6,000.

Ethereum Price Remains On The Side Of The Bulls

The recent drawdown, while having beaten the Ethereum price by around 10% since then, has not turned the price action bearish. If anything, crypto analyst HAMED_AZ believes that it is a healthy correction that is helping the altcoin to get ready for the next bullish phase.

One thing that stands out is that the drawdown has led to a corrective phase instead of a freefall. This suggests that the pullback is healthy for the digital asset and is rather bullish, especially as the Ethereum price has continued to maintain an important support zone above $4,100.

With the current corrective phase, the crypto analyst explains that the Ethereum price is now forming a bullish flag pattern. A bullish flag pattern is a continuation pattern that is notoriously known to form after a fast price increase, followed by a brief correction. The last part of the bullish flag pattern is the breakout, and doing so with volume puts the digital asset at a unique advantage to continue its uptrend.

Source: TradingView

Support Zone Needs To Hold

With the bullish flag pattern that formed on the chart, the only major thing that could derail the Ethereum price is if its support fails. Right now, that support remains firm at $4,100 and continues to hold. HAMED explains that as long as the Ethereum price continues to hold this support, then the price action is still very much bullish.

A breakout from the bullish flag pattern would lead to an impulse wave, and this impulse wave could lead to new all-time highs. An around 50% rally is expected to result from this impulse wave, putting the Ethereum price as high as $6,500 before it is over. “Keep a close eye on the flag breakout and watch for bullish momentum to resume once the consolidation completes,” the analyst stated.

In the event of a break below the support level, though, the Ethereum price could be in trouble. The next major support would reside at the $4,000 psychological level, where the bulls would mount their defense.

ETH price crashes toward support level | Source: ETHUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

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Crypto Market Prediction: XRP to Lose Even More at $2? Bitcoin Price Fading at $115,745, Ethereum (ETH) Can Hit $5,000 in Blink
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Crypto Market Prediction: XRP to Lose Even More at $2? Bitcoin Price Fading at $115,745, Ethereum (ETH) Can Hit $5,000 in Blink

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The market is rapidly losing traction as XRP and Bitcoin clearly showing problematic tendencies: Bitcoin is losing steam with RSI reversing down, and XRP is moving steadily in a descending price channel. On the other hand, Ethereum could be ready to hit the $5,000 mark sooner than anticipated.

XRP struggling, but can blow up

As the asset continues to struggle inside a descending channel that has been pushing it lower for weeks, XRP’s price action is giving holders cause for concern. XRP is currently trading close to $2.97 after losing the crucial $3 mark, and technical indicators imply that more suffering might be on the way.

XRP/USDT Chart by TradingView

Additionally, the moving averages are not providing much respite. The 200-day EMA (black), which is still well below current prices and could serve as a long-term support zone around $2.58, is tilting downward. In a more bearish extension, XRP might be pulled closer to the $2.50-$2.60 range, and if selling momentum increases, it might return to the $2.80 zone.

The absence of significant buying volume is another factor contributing to the pressure. The lack of conviction in recent rallies indicates that market players are hesitant to intervene forcefully at the current levels. Before XRP reaches oversold territory, there is still opportunity for decline as indicated by the mid-range RSI.

A breakout above $3.10-$3.20 would be necessary for bulls to change their stance and test the channel’s upper boundary. The path of least resistance continues to be downward in the absence of it.

In summary, the technical structure of XRP indicates that it may continue to decline. Should the descending channel continue, the asset may find itself moving closer to $2.80 and then $2.50, which would negate a large portion of its recent bullish recovery.

Bitcoin enters stalemate?

The price of Bitcoin is stalling at about $115,745, suggesting that the most recent rally may be coming to an end. Bitcoin is currently exhibiting warning signs that the momentum may be waning following a steady recovery from September lows.

Among the most obvious warning signs is the Relative Strength Index (RSI), which has begun to turn around after momentarily approaching overbought levels. At this point, the indicator is in a neutral range, suggesting that buying pressure is waning. RSI reversals at the peak of local rallies frequently signal a pullback, particularly when price action is having difficulty pushing higher.

BTC/USDT Chart by TradingView

The low volatility at present levels is another issue. Nearing its local peak, Bitcoin is trading in a narrow range, which typically denotes indecision. Traders lock in profits when this kind of sideways chop near resistance resolves with a downside break. Volume also shows this cooling momentum, as activity spikes are diminishing, making a retracement of the market possible.

Technically, the 20-day EMA (green) has served as short-term support, but if selling pressure increases, the larger structure points to a potential retest of the 50-day EMA (blue) at $114,000, or even the 200-day EMA (black) at $105,900. Losing these levels would indicate that this rally was only a relief bounce and not the beginning of a long leg higher, so it’s important to keep an eye on them.

Bitcoin seems more exhausted than strong at its current consolidation level around $115,745. The most likely scenario is a short-term pullback with downside targets between $114,000 and $112,000 unless buyers quickly regain momentum. Bitcoin may experience a more severe correction back toward the $106,000 mark if macro liquidity also cools.

Ethereum’s hidden power

Ethereum appears to be poised for a significant volatility breakout as it coils up inside a symmetrical triangle. Since the price of ETH is currently trading above $4,450, a significant move could occur soon, and $5,000 is still the obvious upward target.

The daily chart shows that ETH has been steadily rising since the middle of summer, helped along by the green 20-day and blue 50-day EMAs. The upward slope of these moving averages indicates that the trend is still very strong. More significantly, the triangle pattern’s price compression indicates that the market is getting ready to expand. Such consolidations have historically ended with explosive volatility, frequently pushing ETH into a new trading range.

The upper boundary of the triangle meets recent rejection candles at the key breakout level, which is located between $4,600 and $4,700. It appears very likely that ETH will make a quick run toward $5,000 if it breaks above this zone with volume confirmation. The asset would probably be pulled back toward the 200-day EMA at about $3,850 if the $4,300-$4,250 support band were broken, invalidating the bullish structure.

The Relative Strength Index (RSI), which is still neutral and indicates that there is still space for buyers before the situation becomes overextended, supports the bullish argument. With momentum accelerating without overheating, ETH is now in a sweet spot.

While market sentiment will be a factor, Ethereum’s own fundamentals — particularly DeFi activity and staking flows — will be the main driver. ETH might be the asset to take the lead in the upcoming market segment, since Bitcoin is beginning to show signs of exhaustion.

The triangle of Ethereum is, in essence, the quiet before the storm. If bulls seize the breakout, traders should be ready for significant volatility in the future, with $5,000 firmly in play.



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Ethereum ETFs Register $557 Million Inflows As BlackRock Leads the Charge

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According to data from SoSoValue, the Ethereum spot ETFs saw another strong week of bullish trading activity in the third week of September, recording $556.92 million in net inflows. While the figure is slightly below the $637.79 million inflows registered during the second week, the performance underscores sustained investor appetite for Ethereum exposure through regulated institutional vehicles.

Despite the rocky start to the month, marked by $787.74 million in net outflows during the first week of September, Ethereum ETFs have now swung back into positive territory, with a cumulative September net deposit of $406.97 million.

BlackRock Dominates ETF Flows Again

In analyzing the Ethereum ETFs’ performance for the last week, BlackRock’s iShares Ethereum Trust (ETHA) continues to establish itself as the dominant player, after recording an impressive $513.01 million in net inflows, i.e, more than 92% of total ETH ETF inflows. With this momentum, BlackRock’s ETHA now holds $13.40 billion in cumulative inflows and $17.09 billion in net assets under management (AUM), reinforcing its position as the clear market leader.

In usual fashion, other funds lagged well behind in comparison. Grayscale’s Ethereum Mini Trust (ETH) posted a distant second with $17.99 million in net inflows, followed by Fidelity’s FETH with $15.18 million. Other ETFs with significant traction included Grayscale’s legacy ETHE trust, which added $13.60 million, and Bitwise’s ETHW, which attracted $7.52 million.

However, not all funds shared in the positive momentum as VanEck’s ETHV lost $8.16 million while Invesco’s QETH saw a minor $1.73 million in outflows, highlighting uneven performance across the sector. Taken together, all Ethereum ETFs now report $29.64 billion in total net assets, supported by $13.29 billion in cumulative inflows.

The latest numbers demonstrate that despite volatility in ETH spot prices and mixed performance among smaller ETFs, overall institutional demand for Ethereum remains robust. With BlackRock’s ETHA capturing the lion’s share of flows, its performance will likely remain a bellwether for the sector. If sustained, these inflows would continue to position Ethereum ETFs as a central driver of Ethereum’s institutional adoption heading into 2026.

Related Reading: Stocks Over Spot: The Case For Buying Bitcoin Treasury Companies Instead Of BTC

Bitcoin ETFs Record $887 Million

Meanwhile, Bitcoin ETFs also saw remarkable momentum in the third week of September, recording $886.65 million in net inflows, to push the monthly total to $3.48 billion. Similar to its Ethereum ETF counterpart, BlackRock’s iShares Bitcoin Trust (IBIT) dominated the market once again, leading with $866.84 million in aggregate inflows.

At the time of writing, total net assets across all Bitcoin ETFs now stand at $152.31 billion, representing 6.63% of Bitcoin’s total market capitalization. Meanwhile, cumulative inflows have reached $57.72 billion.

ETH trading at $4,477 on the daily chart | Source: ETHUSDT chart on Tradingview.com

Featured image from IQ.Wiki, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Low Risk DeFi Could Drive Ethereum Fees While Keeping Values Aligned
Crypto Trends

Low Risk DeFi Could Drive Ethereum Fees While Keeping Values Aligned

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Ethereum co-founder Vitalik Buterin said revenue from low-risk decentralized finance protocols could give the network economic stability — much like Google Search supports Google — while letting nonfinancial apps uphold Ethereum’s cultural values.

Low-risk DeFi could address “important tensions” in the Ethereum community over whether apps that bring in enough revenue to economically sustain the ecosystem align with the cultural and ethical values that brought people to Ethereum in the first place, Buterin said in a blog post on Saturday.

The former has been a combination of nonfungible tokens, memecoins, and speculative trading, while the nonfinancial and semifinancial apps that reflect Ethereum’s cultural values have either struggled to gain widespread adoption or haven’t generated enough fees, he said.

“This disjointness created a lot of dissonance in the community,” Buterin said, before making his case for low-risk DeFi being Ethereum’s main fee generator. One example Buterin highlighted was deposit rates for stablecoin lending on DeFi protocol Aave, which hover around 5% for blue-chips like Tether (USDT) and USDC (USDC) and above 10% for higher risk stables.

Similarly, Buterin noted that Google does many “interesting and valuable things” — such as its Chromium family of browsers, Pixel phones, its open-source AI Gemini models, and more — but the revenue they make from those products is a fraction compared to what it makes through search and advertisements. 

It comes as the total value locked on Ethereum DeFi recently surpassed $100 billion for the first time since early 2022. DeFi TVL tanked massively across the ecosystem during the 2022-2023 bear market, and TVL figures have largely trailed the performance of top layer 1 tokens this bull market.

Source: Djani

Related: Ethereum is the ‘biggest macro trade’ for next 10-15 years: Fundstrat

However, DeFi has picked up lately amid an increase in regulatory momentum, particularly the Digital Asset Market Clarity Act, which is tipped to push DeFi adoption even further. A recent survey from the DeFi Education Fund found that over 40% of Americans are open to DeFi if stronger laws are put in place.

Ethereum has the potential to “do much better” than Google

Ethereum has the potential to “do much better” than Google due to its decentralization. Unlike Google, Ethereum’s decentralized structure better positions low-risk DeFi to align financial success with ethical outcomes, creating harmony between “doing well” and “being good.”

“The revenue generator does not have to be the most revolutionary or exciting application of Ethereum. But it does need to be something that is at least not actively unethical or not embarrassing.”

Buterin criticized Google’s incentive model, noting that advertising revenue pushes the company to hoard user data, conflicting with its original open-source and positive-sum ethos.

Vitalik advocates for basket currencies, flatcoins 

While low-risk DeFi is often about enabling easier access to the US dollar — particularly those in low-income and high-inflation countries — Buterin would like to see other innovations that provide economic support to Ethereum.

Buterin pitched the idea of building cryptoassets that track a basket of currencies and flatcoins that are based directly on consumer price indices.

Magazine: Astrology could make you a better crypto trader: It has been foretold



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Ethereum gaming network XAI sues Elon Musk's AI company
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Ethereum price targets $5k as ETH ETF inflows jump by $556m

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Ethereum price pulled back on Saturday, Sep. 20, as the recent bullish momentum stalled. Still, a forming bullish pennant pattern and growing ETH ETF inflows point to a rebound to $5,000.

Summary

  • Despite a temporary slowdown in price movement, Ethereum’s position in the market continues to strengthen. With cumulative ETF inflows now surpassing $13.9 billion, institutional investors are increasingly viewing ETH as a highly liquid alternative asset.
  • The surge in Ethereum stablecoin supply, combined with Ethereum’s dominant role in decentralized finance (DeFi) and its growing total value locked (TVL) of $207 billion, points to a potentially bullish breakout.
  • Ethereum has formed a bullish pennant pattern, setting the stage for a price target of $4,945, and potentially as high as $5,000 if momentum continues. 

ETH ETFs inflows continue

Ethereum (ETH) price rally took a breather as sentiment in the crypto market waned after the Federal Reserve delivered its interest rate decision. 

Still, data show that Ethereum ETFs continued adding assets this week. According to SoSoValue, all spot Ether ETFs added $556 million in assets during the week. 

It was the second consecutive week after these funds added $637 million in the previous one. These flows brought the cumulative inflows to over $13.9 billion. 

BlackRock’s ETHA ETF has had over $13.4 billion in cumulative inflows and now has $17 billion in assets. Grayscale’s ETHE has $4.75 billion, while Fidelity’s FETH has $3.59 billion. 

Ethereum ETFs have been in a fast growth trajectory in the past few months. One possible reason is that American institutional investors see it as a highly liquid alternative asset. 

Also, its inflows jumped after Donald Trump signed the GENIUS Act, which regulated the stablecoin market. Since then, Ethereum stablecoin supply has jumped to over $164 billion. Its adjusted transaction volume soared by 71% to $901 billion in the last 30 days.

Ethereum’s role in the decentralized finance industry has also grown, with the total value locked soaring to $207 billion and the bridged assets hitting $513 billion. 

Ethereum price bullish pennant forms

ETH price chart | Source: crypto.news

The daily timeframe shows that ETH price rally has stalled in the past few weeks. It has remained above the 50-day and 100-day Exponential Moving Average and the key support at $4,106, the highest point in December last year. 

The coin has slowly formed the bullish pennant pattern, which is made up of a vertical line and a symmetrical triangle. It is also above the Ichimoku cloud indicator. 

Therefore, Ethereum price will likely have a strong bullish breakout, with the initial target being at $4,945, the all-time high. A move above that price will point to more gains, potentially to the psychological point at $5,000.



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