🚀 Ethereum Price Eyes 30% Rally as Whales Scoop 10M $ETH Amid 2000 TPS Proposal

📈 Ethereum is showing bullish signs in May, historically its best month with average gains around 30%. ETH is currently trading at $1,801, with buyers trying to flip $1,800 into strong support for a potential rally to $2,300.

🐋 Whales are stacking up ETH, with addresses holding 1,000–10,000 ETH adding 10M tokens (~$18B) in the last 24 hours, according to Santiment. Whale accumulation often signals major price moves ahead.

⚡ A new proposal, EIP 9698, aims to boost Ethereum’s gas limit by 100x over the next four years, possibly pushing network throughput to 2,000 TPS. Analysts say this could restore Ethereum’s dominance against rivals like Solana.

📊 On the charts, Ethereum has broken out of a descending channel, supported by AO crossing above zero and RSI moving north above 50 — all signs of strengthening bullish momentum.

🎯 If ETH can break above $2,025, the next targets are $2,700 and $3,500. With whale buying and network upgrades aligning, Ethereum could mirror its historical 30% May rally once again.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.