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Ethereum price finally ‘breaking out,’ data suggests — Is $3K ETH next?

cryptoweekly by cryptoweekly
May 8, 2025
in bitcoin, News
0

Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside for Ether.

Key takeaways:

Ether breaks multimonth downtrend as traders target $3,000 ETH price.

Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery.

Read more

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Recent Posts
  • CoreWeave finalizes Core Scientific acquisition for $9B
  • Europe’s Blockchain Group, UK’s Smarter Web Co. add to Bitcoin stashes
  • Burn the tokens, keep the loot: Play-to-own games come next
  • Trump administration, US legislators turn attention to crypto tax policy starting July 9
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