Price: $4,685

24h Change: +9.60%

Market Cap: $567.12B | Volume 24h: $66.51B

Ethereum has posted one of the strongest performances among the top five, driven by renewed interest in DeFi protocols and Layer 2 adoption. Vitalik Buterin recently emphasized that “Ethereum’s scalability roadmap is reaching an inflection point where user experience will finally match mass-market expectations.”

From a technical perspective, ETH’s breakout above $4,500 has flipped this level into strong support. The RSI remains elevated but not yet overbought, leaving room for a potential push toward $5,000 in the short term.

Projection: If network fees stabilize and L2 adoption accelerates, ETH could challenge its historical high near $5,050 before facing significant resistance.

Strategic Reflection: ETH’s price action suggests a market shift toward utility-driven demand. Traders should watch gas fee patterns and ETH/BTC ratio as key trend indicators.

Could ETH overtake BTC in relative performance this quarter?

$ETH