Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Per official announcement, Binance will discontinue support for the Sophon (SOPH) mainnet and enable SOPH deposits and withdrawals via the Ethereum (ERC20) network. The announcement states that starting August 4, 2026, at 08:00 UTC, Binance will suspend SOPH mainnet deposit and withdrawal services. Following the migration, the Sophon mainnet will no longer be used for deposit and withdrawal activities. Binance noted that it will handle all technical operations required for the migration, and spot, leverage, contract trading, and Binance Earn services will remain unaffected. During the migration, SOPH will be migrated at a 1:1 ratio from the Sophon mainnet to the Ethereum (ERC20) network. Users do not need to take manual action, but should monitor subsequent network adjustments for deposits and withdrawals.
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Singapore-based digital asset investment firm Psalion closes a new $50 million fund.
Singapore-based digital asset investment firm Psalion has announced the closing of its largest-ever venture capital fundraise, launching its third fund worth $50 million, aimed at investing in the next phase of blockchain application development. The fund adopts the Singapore Variable Capital Company (VCC) structure and is managed by Conduit Asset Management Pte. Ltd. (CAM), targeting early-stage projects that integrate blockchain technology into the real economy, with a focus on areas including infrastructure, middleware, trade finance, real-world assets (RWA), stablecoins, and decentralized finance (DeFi). Psalion stated that the fund will primarily invest in pre-seed and seed-stage startups, and focus on the integration of Web3 infrastructure into consumer-facing applications, covering changes to asset ownership, transaction methods, and user interaction patterns. Tim Enneking, managing partner at Psalion, noted that the crypto market used to represent an investment philosophy that stood in opposition to the traditional financial system, but now the team is focused on bridging the two—enabling Web2 businesses to operate on Web3 infrastructure.
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Bithumb will suspend deposit and withdrawal services for NEO and GAS to support the NEO N3 network upgrade.
According to an official announcement, to support the NEO network upgrade and maintain stable deposit and withdrawal services, deposit and withdrawal functions for NEO (NEO) and GAS (GAS) assets will be temporarily suspended. The suspension covers NEO and GAS on the NEO N3 network. The relevant deposit and withdrawal services are expected to be suspended at 18:00 KST on July 31, 2026, and will resume after network stability is confirmed; the specific resumption time will be notified via subsequent announcements. The suspension is to support the NEO network upgrade and Bithumb’s node server update. The NEO network upgrade is scheduled to take place at 01:00 KST on August 1, 2026, targeting block height 12,020,000. During the upgrade, trading functions for the relevant assets remain unaffected, though users should note potential market fluctuations during network maintenance. Pending deposit and withdrawal requests submitted earlier will be processed in sequence after system confirmation.
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ZuriQ completes $25.5 million seed round to advance development of its novel quantum chip architecture.
ETH Zurich spin-off startup ZuriQ has announced the completion of a $25.5 million seed round. The company is dedicated to developing a novel quantum chip architecture, which is claimed to offer stronger scalability than existing solutions, and is expected to accelerate the large-scale development of the quantum computing sector.
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South Korea's sluggish stock market has driven retail investors to shift to the US stock market, with net purchases exceeding 5 trillion won this month.
According to South Korea's Seoul Economic Daily, amid the continued downturn in the South Korean stock market, domestic investors have once again shifted to US equities, with net purchases exceeding 5 trillion won this month. Data from Seibro, the securities information portal of the Korea Securities Depository & Clearing Corporation, shows that between the 1st and 27th of this month, South Korean investors' net purchases of US stocks totaled $3.58999 billion, roughly 5.5 times the net purchases for the entire month of June. As of the 23rd, net purchases stood at only $2.53026 billion, but rose by $1.05973 billion in the subsequent two trading days. Retail investor funds are mainly concentrated in semiconductor and technology stocks. The most purchased product this month is the Direxion Daily Semiconductor Bull 3X ETF, which tracks the Philadelphia Semiconductor Index, with net purchases reaching $1.75919 billion. SK Hynix ADRs have also remained highly sought-after, with net purchases climbing to $812.38 million as of the 27th.
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Yesterday, Bitcoin spot ETFs posted a net outflow of $11.6 million, while Ethereum spot ETFs saw a net inflow of $11.7 million.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net outflow of $11.6 million yesterday. BlackRock’s IBIT recorded a net outflow of $8.8 million, while Fidelity’s FBTC posted a $2.8 million net outflow; all other Bitcoin ETFs had zero net flows for the day. U.S. spot Ethereum ETFs, meanwhile, saw a total net inflow of $11.7 million yesterday. BlackRock’s ETHA accounted for the full $11.7 million daily net inflow, with all other Ethereum ETFs registering zero net flows for the day.
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SOON has completed its security incident review, confirming that neither the protocol nor user assets were affected, and its mainnet RPC has been restored.
Solana Optimistic Network (SOON) announced that the security incident detected on July 12 has been fully investigated and resolved. The incident did not involve vulnerabilities in the SOON protocol, sequencer, or user-facing smart contracts, and no user funds were lost. SOON noted the root cause was a security issue in its off-chain operational environment. According to third-party security firm BlockSec, external attackers gained unauthorized access via a misconfigured service, then penetrated parts of the internal environment due to insufficient access controls. The incident was limited to certain operational infrastructure and related processes, with no impact on on-chain user assets, user smart contracts, or SOON network security. Post-incident, SOON suspended its sequencer and some services and launched a full security review. During this period, functions including NFT minting, token claiming, and on-chain withdrawals were temporarily disabled. SOON restored NFT minting and token claiming on July 21, and resumed mainnet RPC services and block production on July 27. The network has now returned to normal operation.
Some traders dismissed the ambitious forecast, while others argued a five-figure ETH price is far from unrealistic.
Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500.
According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017.
The Charts Behind the $20K Call Responding to a claim by alphatracker that ETH would go to $10K+, CrediBULL simply posted “$20K+,” and shared a link to a video where, instead of presenting the target as speculation, he built his case around long-term chart structures on both the ETH/USD and ETH/BTC pairs.
“I’ve always said $10K is the absolute minimum. I think $20K is realistic..,” the analyst said in the video. “I’m not going to say it’s a given… but $20K is super, super reasonable.”
He noted that Ethereum has spent years underperforming Bitcoin, leaving market sentiment at levels similar to previous cycle lows. But he argued that the ETH/BTC chart has finally reached what he considers to be a long-term accumulation zone after about four years of decline, and from there, he expects the world’s second-largest cryptocurrency to build a base before beginning what he described as the next impulsive move higher.
His next thesis tracked the ETH/USD chart itself, with the trader saying that Ethereum has completed the first leg of a larger five-wave structure and is now holding above an invalidation level near $1,385.
According to him, if that support stays intact, then the next advance could push ETH to around $10,000 before a later wave carries it above $20,000. He also argued that historical ETH/BTC ratios point to similar price levels if Bitcoin returns to its previous highs or continues into another expansion phase.
Furthermore, Credibull drew a comparison to April last year, when Ethereum sat near the same price it’s at right now and was widely written off as finished, only to break its all-time high a few months later. He said that the setup looks similar today, with the price holding above its last low rather than breaking it, something he treats as a sign that the broader uptrend is still intact.
You may also like: Nobody Wants to Unstake Ethereum Anymore: Here’s Why It’s a Big Deal Ethereum Bear Market Bottom Is In: Analyst Eyes $7K Long-Term Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts Similar sentiments were shared by trader Saiyan, who set a base case of $10,000 for the cycle, prompting a pushback from Cheds Trading, who simply wrote, “That’s not happening.” But another market watcher, Sykodelik, sided with the bulls, arguing that a move above $10,000 should not be treated as unrealistic, given that it was just 2 times the Ethereum all-time high.
Where ETH Stands Now ETH was trading above $1,900 at the time of writing, having gained nearly 4% in 24 hours and about 24% over the past month, according to CoinGecko data.
The token is still 60% below its ATH, and other analysts have flagged similar bottoming signals in recent weeks. For example, NoName pointed to a pattern of four lower highs as evidence that the bear market has already found a floor, while chartist Ali Martinez noted a bullish crossover in the asset’s MVRV ratio.
Funding rates on Binance have also climbed to their highest level in six months, something analysts at CryptoQuant say shows that sentiment has started to turn even though the price is still well below where it was around the same time last year.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net outflow of $11.6 million yesterday. BlackRock’s IBIT recorded a net outflow of $8.8 million, while Fidelity’s FBTC posted a $2.8 million net outflow; all other Bitcoin ETFs had zero net flows for the day. U.S. spot Ethereum ETFs, meanwhile, saw a total net inflow of $11.7 million yesterday. BlackRock’s ETHA accounted for the full $11.7 million daily net inflow, with all other Ethereum ETFs registering zero net flows for the day.
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Singapore-based digital asset investment firm Psalion closes a new $50 million fund.
Singapore-based digital asset investment firm Psalion has announced the closing of its largest-ever venture capital fundraise, launching its third fund worth $50 million, aimed at investing in the next phase of blockchain application development. The fund adopts the Singapore Variable Capital Company (VCC) structure and is managed by Conduit Asset Management Pte. Ltd. (CAM), targeting early-stage projects that integrate blockchain technology into the real economy, with a focus on areas including infrastructure, middleware, trade finance, real-world assets (RWA), stablecoins, and decentralized finance (DeFi). Psalion stated that the fund will primarily invest in pre-seed and seed-stage startups, and focus on the integration of Web3 infrastructure into consumer-facing applications, covering changes to asset ownership, transaction methods, and user interaction patterns. Tim Enneking, managing partner at Psalion, noted that the crypto market used to represent an investment philosophy that stood in opposition to the traditional financial system, but now the team is focused on bridging the two—enabling Web2 businesses to operate on Web3 infrastructure.
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Bithumb will suspend deposit and withdrawal services for NEO and GAS to support the NEO N3 network upgrade.
According to an official announcement, to support the NEO network upgrade and maintain stable deposit and withdrawal services, deposit and withdrawal functions for NEO (NEO) and GAS (GAS) assets will be temporarily suspended. The suspension covers NEO and GAS on the NEO N3 network. The relevant deposit and withdrawal services are expected to be suspended at 18:00 KST on July 31, 2026, and will resume after network stability is confirmed; the specific resumption time will be notified via subsequent announcements. The suspension is to support the NEO network upgrade and Bithumb’s node server update. The NEO network upgrade is scheduled to take place at 01:00 KST on August 1, 2026, targeting block height 12,020,000. During the upgrade, trading functions for the relevant assets remain unaffected, though users should note potential market fluctuations during network maintenance. Pending deposit and withdrawal requests submitted earlier will be processed in sequence after system confirmation.
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ZuriQ completes $25.5 million seed round to advance development of its novel quantum chip architecture.
ETH Zurich spin-off startup ZuriQ has announced the completion of a $25.5 million seed round. The company is dedicated to developing a novel quantum chip architecture, which is claimed to offer stronger scalability than existing solutions, and is expected to accelerate the large-scale development of the quantum computing sector.
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South Korea's sluggish stock market has driven retail investors to shift to the US stock market, with net purchases exceeding 5 trillion won this month.
According to South Korea's Seoul Economic Daily, amid the continued downturn in the South Korean stock market, domestic investors have once again shifted to US equities, with net purchases exceeding 5 trillion won this month. Data from Seibro, the securities information portal of the Korea Securities Depository & Clearing Corporation, shows that between the 1st and 27th of this month, South Korean investors' net purchases of US stocks totaled $3.58999 billion, roughly 5.5 times the net purchases for the entire month of June. As of the 23rd, net purchases stood at only $2.53026 billion, but rose by $1.05973 billion in the subsequent two trading days. Retail investor funds are mainly concentrated in semiconductor and technology stocks. The most purchased product this month is the Direxion Daily Semiconductor Bull 3X ETF, which tracks the Philadelphia Semiconductor Index, with net purchases reaching $1.75919 billion. SK Hynix ADRs have also remained highly sought-after, with net purchases climbing to $812.38 million as of the 27th.
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SOON has completed its security incident review, confirming that neither the protocol nor user assets were affected, and its mainnet RPC has been restored.
Solana Optimistic Network (SOON) announced that the security incident detected on July 12 has been fully investigated and resolved. The incident did not involve vulnerabilities in the SOON protocol, sequencer, or user-facing smart contracts, and no user funds were lost. SOON noted the root cause was a security issue in its off-chain operational environment. According to third-party security firm BlockSec, external attackers gained unauthorized access via a misconfigured service, then penetrated parts of the internal environment due to insufficient access controls. The incident was limited to certain operational infrastructure and related processes, with no impact on on-chain user assets, user smart contracts, or SOON network security. Post-incident, SOON suspended its sequencer and some services and launched a full security review. During this period, functions including NFT minting, token claiming, and on-chain withdrawals were temporarily disabled. SOON restored NFT minting and token claiming on July 21, and resumed mainnet RPC services and block production on July 27. The network has now returned to normal operation.
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Binance Flash Swap will undergo regular system maintenance on August 2, expected to be completed within one hour.
According to an official announcement, Binance’s Flash Swap will undergo scheduled system maintenance at 07:30 (GMT+8, East Eight Zone Time) on August 2, 2026. During the maintenance window, users will be unable to place new Flash Swap orders or limit orders. Existing recurring investment orders may be skipped due to the system upgrade, and the maintenance is expected to be completed within one hour.
@LidoFinance has launched its largest protocol upgrade since 2023, beginning the migration of more than 8 million $ETH, worth roughly $16.5 billion, to its new Curated Module v2 (CMv2) architecture. The move, which the Lido DAO approved on July 23, 2026 following audits and testnet trials, represents a fundamental restructuring of how the dominant liquid staking protocol manages its validator infrastructure.
What Is Changing and Why The upgrade is a direct response to Ethereum's Pectra hard fork, activated in May 2025. Pectra introduced 0x02 validators via EIP-7251, raising the maximum effective balance per validator from 32 ETH to 2,048 ETH, enabling large operators to consolidate hundreds of smaller nodes into a far leaner set. Lido is now doing exactly that at scale.
Before the upgrade, Lido needed a massive fleet of validators to manage its position as the dominant liquid staking provider, with each capped at 32 ETH. CMv2 allows those validators to be folded together. The migration will consolidate over 265,000 validators and is expected to take months, paced by Ethereum's activation queue.
The network-level effects are significant. The shift is expected to cut Ethereum's total validator count by about one third and reduce attestation messages by roughly 29% per epoch, easing load on the consensus layer without directly affecting gas fees or transaction speeds. Lido controls a substantial share of all staked ETH, which means its infrastructure decisions carry consequences for the entire network.
New Accountability Requirements for Node Operators Beyond the technical consolidation, CMv2 introduces a meaningful governance change. For the first time in Lido's five-year history, operators in the curated module will be required to back their performance with locked ETH bonds, adding financial penalties to a system that previously relied on reputation and track record. All 34 curated node operators are expected to complete the migration under the new framework.
Under CMv2, these bonds cover risks including slashing, execution layer reward violations, and operational failures. Lido also noted a minor yield impact: the protocol estimates the migration will reduce annual staking yield by approximately 0.28%, with losses only likely during the brief transition window before balances land on new validators. Holders of stETH do not need to take any action.
Looking further ahead, Lido has flagged a later phase, expected around Q1 2027, that would introduce a marketplace where operators compete for stake based on fees and performance.
Sources:
CoinDesk: Lido Begins Moving $16.5 Billion in Staked Ether
The Block: Lido Begins Consolidating $16 Billion Worth of Staked ETH
Bitcoin.com News: Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators
Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline in demand, while the inflow into Ether funds indicates positive sentiment. Markets are closely observing these trends as they may influence the broader cryptocurrency market dynamics.
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Key Takeaways Market behavior suggests decreased demand for Bitcoin, as evidenced by the $11.6 million outflow from Bitcoin ETFs. The $9.2 million inflow into Ether funds implies continued institutional interest in Ethereum. Current pricing suggests a significant probability that Bitcoin will maintain its value above certain thresholds on July 28. What to Watch The developments in Bitcoin and Ether ETF flows could influence market perceptions of these cryptocurrencies’ future value. Additional data on ETF flows may help assess demand trends. Key indicators include any further shifts in inflow or outflow patterns, which could either reinforce or challenge current pricing expectations. Markets will also watch for macroeconomic events or announcements that could impact cryptocurrency valuations.
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Term Structure
Contract Odds Δ since publish Volume 24h July 28 2026 99.6% — — View market → July 28 2026 93.8% — — View market → July 28 2026 0.1% — — View market → July 28 2026 0.1% — — View market → July 28 2026 0.1% — — View market → July 28 2026 22.5% — — View market → July 28 2026 0.5% — — View market → July 28 2026 99.9% — — View market → July 28 2026 99.8% — — View market → July 28 2026 0.1% — — View market →
Leading cryptocurrencies fell sharply on Monday as investors weighed developments around the Clarity Act and a pause in U.S.–Iran hostilities.
Crypto Market TumblesBitcoin nearly dived below $63,000 in a sharp evening sell-off, while Ethereum fell to $1,860 as 24-hour trading volume more than doubled.
Over $670 million was liquidated from the cryptocurrency market in the last 24 hours, with $533 million in bullish long positions wiped out, according to Coinglass data
Bitcoin’s open interest fell nearly 2% over the last 24 hours. That said, derivatives traders on Binance stayed net-bullish on the apex cryptocurrency.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
SEC Chair Paul Atkins said in a CNBC interview that he’s “optimistic” that Congress will pass the key cryptocurrency market legislation.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.23 trillion, following an increase of 1.19% over the last 24 hours.
Dow Rallies, Nasdaq DipsMajor indexes closed in the green on Monday. The Dow Jones Industrial Average rallied 262.83 points, or 0.51%, to end at 52,210.08. The S&P 500 eked out a narrow gain of 0.02% to close at 7,413.18. The tech-heavy Nasdaq Composite, meanwhile, slid 0.18% and settled at 24,932.08.
Hostilities between the U.S. and Iran remained paused after nearly two weeks of nightly military exchanges. Mike Waltz, U.S. Ambassador to the UN, said negotiations are ongoing at both technical and senior levels, but stressed that the U.S. military remains "locked and loaded."
Big Move Around the Corner?Ali Martinez, a widely followed cryptocurrency analyst and trader, noted Bitcoin’s 3-day Bollinger Bands tightening around the $65,000 level.
“Periods of low volatility like this are often followed by a major price expansion. A big move could be just around the corner,” the analyst projected.
The Bollinger Band Squeeze occurs when the volatility drops, causing the space between the bands to tighten. When the price closes outside of bands, traders consider it a potential new breakout. This strategy is used to identify the start of new trends following periods of consolidation.
Michaël van de Poppe, another prominent cryptocurrency influencer, spotlighted a short-term correction in Ethereum, but emphasized bullish continuation on the daily chart, targeting a breakout toward $2,000.
Photo: Sodel Vladyslav / Shutterstock
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Lido just kicked off the most consequential infrastructure change to Ethereum staking since, well, Lido V2. The protocol has begun migrating more than 8 million ETH, roughly $16.5B worth, onto Ethereum’s larger 0x02 validators enabled by the Pectra upgrade. The result: Ethereum’s total validator count drops by approximately 33%.
What CMv2 actually changes The migration falls under Lido’s Curated Module v2, or CMv2, which the Lido DAO ratified on July 23, 2026, after audits and testnet trials. It represents the most significant structural update since Lido V2 launched in 2023.
Before Pectra, Ethereum validators were capped at 32 ETH each. That meant Lido needed a massive fleet of validators to manage its position as the dominant liquid staking provider. Post-Pectra, validators can hold far more, so all those individual 32 ETH nodes can be folded together.
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Attestation messages, the signals validators broadcast each epoch to confirm the state of the chain, are expected to drop by around 29%. The consensus layer gets meaningfully less noisy, though this won’t directly translate into lower gas fees or faster transactions for end users.
The other major shift is financial. For the first time, Lido’s 34 professional node operators will be required to post locked ETH collateral. Previously, the system ran largely on reputation.
The cost of transition During the migration period, Lido stakers can expect a modest drag on returns, with an estimated 0.28% annual reduction in staking rewards.
Why this matters beyond Lido Lido controls a dominant share of all staked ETH on Ethereum, which means its infrastructure decisions ripple across the entire network. Reducing Ethereum’s validator count by a third is a network-level event, not just a protocol-level one.
The CMv2 rollout also arrived alongside CSM v3, another component of the broader Core Upgrade package approved by the Lido DAO on July 23, 2026.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum is attracting a new wave of investment, signaling renewed optimism among investors, even as some on-chain indicators reveal underlying weaknesses. Network activity remains robust and user engagement holds steady, but decentralized exchange trading volumes and stablecoin liquidity are showing clear signs of decline.
Fresh capital fuels Ethereum networkRecent data from Artemis shows that Ethereum recorded approximately $83 million in gross capital inflows within the past 24 hours, with net inflows amounting to $58.5 million after accounting for fund withdrawals. Positive net flows are typically interpreted as investors adding more funds to the network than they are removing.
While increased capital inflows can reflect rising confidence, they do not necessarily lead to immediate price gains. Sustained inflows over extended periods are generally considered a sign of market faith in the asset’s long-term prospects.
Ethereum has also maintained consistent network fee generation, indicating active usage on the blockchain—whether through asset transfers, trading, or interaction with decentralized applications.
According to DefiLlama, Ethereum continues to dominate the decentralized finance sector, with total value locked (TVL) exceeding $40 billion and a stablecoin market cap around $149 billion. These figures keep Ethereum ahead of other smart contract platforms.
Ethereum’s strong capital inflows, large DeFi presence, and steady network fees point to underlying strength, but the weaker trading and liquidity metrics highlight investor caution.
MetricCurrent ValueChangeCapital inflows (24h)$83 millionIncreaseTVL$40 billionStableStablecoin market cap$149 billionDecliningDEX volume (weekly)–Down 23%Mini dictionary: TVL (Total Value Locked), a metric representing the total value of assets deposited in decentralized finance protocols, is used as a gauge of network activity and DeFi adoption.
Network health remains strongDespite the network’s price struggles, Ethereum’s blockchain activity has been consistently high. Daily transactions have remained above 2 million for much of the year, reflecting persistent user reliance. Within the past day, Ethereum processed about 2.36 million transactions with over 560,000 active addresses, according to DefiLlama data.
Developer engagement also continues, with many leading decentralized finance protocols, real-world asset tokenization projects, and stablecoins still operating primarily on Ethereum. This activity helps solidify Ethereum’s role as the top smart contract platform.
Many long-term investors see sustained blockchain usage as a stronger indicator of network health than short-term price fluctuations, as it points to ongoing adoption and utility.
DEX activity and stablecoin liquidity declineTwo key metrics, however, paint a less optimistic picture. Trading volume across Ethereum-based decentralized exchanges (DEXs) has diminished sharply, falling more than 23% in the past week. This decline implies reduced trading demand and less speculative participation in decentralized finance markets.
Stablecoin supply on Ethereum has also decreased, with the current value holding at $149 billion. Ongoing weekly drops suggest shrinking liquidity for lending and trading within the DeFi ecosystem.
Despite robust capital inflows and steady network activity, Ethereum’s falling DEX volumes and declining stablecoin liquidity reveal that broad-based momentum has yet to materialize across the ecosystem.
Mini dictionary: DEX (Decentralized Exchange) is a platform on which users trade cryptocurrencies directly on the blockchain without a central authority, providing increased transparency but sometimes lower liquidity compared to centralized exchanges.
Mixed signals for ETH price outlookWhile capital is flowing in and transaction activity remains high, subdued DEX trading and a declining stablecoin balance indicate that many market participants are still hesitant. These dynamics help explain why the price of ETH has yet to respond fully to positive developments across some network metrics.
Current trends suggest that Ethereum is undergoing a rebuilding phase rather than entering a straightforward rally. A reversal in DEX volume and stablecoin liquidity would be needed to broaden the recovery and establish a stronger foundation for ETH price growth.
Ongoing weakness in trading and liquidity could limit Ethereum’s ability to mount a sustained recovery, even as core network activity signals underlying resilience.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
In brief Bitmine says it now holds 5.79 million ETH worth about $11.3 billion. The company's holdings now represent roughly 4.8% of Ethereum's circulating supply. Bitmine expanded its staking operations while accelerating share repurchases. Crypto treasury firm BitMine Immersion Technologies said Sunday it has increased its Ethereum holdings to 5.79 million ETH, bringing its combined crypto holdings, cash, marketable securities, and strategic investments to $11.8 billion as it moves closer to its goal of acquiring 5% of Ethereum's total supply.
According to the company, it now holds 5.8 million ETH, 208 Bitcoin, worth approximately $13.6 million, $268 million in cash and marketable securities, a $180 million stake in Mr Beast’s Beast Industries, and a $61 million investment in Eightco Holdings.
“We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening,” Bitmine Chairman Tom Lee said in a statement. “In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," he added. (Disclosure: Tom Lee is an investor in Dastan, Decrypt’s parent company.)
According to Lee, Bitmine also repurchased 6.1 million shares over the past week under its previously authorized $4 billion buyback program, bringing total repurchases since July 1 to 11.6 million shares, adding that the company views the strengthening ETH-to-Bitcoin ratio as a positive sign for Ethereum and believes the cryptocurrency could next challenge the $2,000 and $2,500 price levels. ETH is currently trading for around $1,900 at a $232 billion market cap.
The company said 4.9 million ETH is currently staked through its Made in America Validator Network, or MAVAN, which was launched in March to support institutional staking. Bitmine said it projects annualized staking rewards of about $299 million once all of its ETH is staked through the platform and its partners.
The announcement is the latest in Bitmine's rapid expansion under Lee.
In April, the company surpassed 5 million ETH. In May, Lee said Bitmine's inclusion in the Russell 1000 Index could broaden its institutional investor base as its holdings reached roughly 4.3% of Ethereum's circulating supply. In June, the company completed a preferred stock offering that raised nearly $274 million to fund additional Ethereum purchases, infrastructure, and share buybacks while expanding its MAVAN staking platform. Earlier this month, Bitmine added another $73 million worth of ETH, lifting its holdings above 5.74 million ETH ahead of Monday's latest purchase.
The news comes as a growing number of public companies—including Sharplink, Bit Digital, and BitMine—have shifted toward Ethereum treasury strategies, mirroring Strategy's longtime Bitcoin treasury playbook.
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In brief Bitmine says it now holds 5.79 million ETH worth about $11.3 billion. The company's holdings now represent roughly 4.8% of Ethereum's circulating supply. Bitmine expanded its staking operations while accelerating share repurchases. Crypto treasury firm BitMine Immersion Technologies said Sunday it has increased its Ethereum holdings to 5.79 million ETH, bringing its combined crypto holdings, cash, marketable securities, and strategic investments to $11.8 billion as it moves closer to its goal of acquiring 5% of Ethereum's total supply.
According to the company, it now holds 5.8 million ETH, 208 Bitcoin, worth approximately $13.6 million, $268 million in cash and marketable securities, a $180 million stake in Mr Beast’s Beast Industries, and a $61 million investment in Eightco Holdings.
“We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening,” Bitmine Chairman Tom Lee said in a statement. “In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," he added. (Disclosure: Tom Lee is an investor in Dastan, Decrypt’s parent company.)
According to Lee, Bitmine also repurchased 6.1 million shares over the past week under its previously authorized $4 billion buyback program, bringing total repurchases since July 1 to 11.6 million shares, adding that the company views the strengthening ETH-to-Bitcoin ratio as a positive sign for Ethereum and believes the cryptocurrency could next challenge the $2,000 and $2,500 price levels. ETH is currently trading for around $1,900 at a $232 billion market cap.
The company said 4.9 million ETH is currently staked through its Made in America Validator Network, or MAVAN, which was launched in March to support institutional staking. Bitmine said it projects annualized staking rewards of about $299 million once all of its ETH is staked through the platform and its partners.
The announcement is the latest in Bitmine's rapid expansion under Lee.
In April, the company surpassed 5 million ETH. In May, Lee said Bitmine's inclusion in the Russell 1000 Index could broaden its institutional investor base as its holdings reached roughly 4.3% of Ethereum's circulating supply. In June, the company completed a preferred stock offering that raised nearly $274 million to fund additional Ethereum purchases, infrastructure, and share buybacks while expanding its MAVAN staking platform. Earlier this month, Bitmine added another $73 million worth of ETH, lifting its holdings above 5.74 million ETH ahead of Monday's latest purchase.
The news comes as a growing number of public companies—including Sharplink, Bit Digital, and BitMine—have shifted toward Ethereum treasury strategies, mirroring Strategy's longtime Bitcoin treasury playbook.
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Ethereum, which has underperformed against Bitcoin, now has investors expecting a major surge.
The long-awaited signal may have arrived. Crypto analyst Ali Martinez, using a pseudonym, stated that a bullish signal has emerged for ETH.
Accordingly, the analyst stated that the MVRV Golden Cross signal, considered one of the strongest on-chain indicators for Ethereum, has been confirmed.
The analyst, in a post on X, stated that the MVRV Golden Cross has officially formed on Ethereum, drawing attention to the indicator’s past performance.
According to the analyst’s data, following four previously observed MVRV Golden Cross signals, the Ethereum price rose by 50%, 166%, 74%, and 113% respectively.
“One of the most bullish on-chain signals for Ethereum has emerged.”
The MVRV Golden Cross has now been confirmed on ETH. The previous four signals were followed by gains of 50%, 166%, 74%, and 113% respectively.
However, it’s important to remember that just because similar signals in the past have resulted in strong rallies doesn’t necessarily mean the same performance will be repeated this time.
*This is not investment advice.
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The liquid staking protocol is migrating more than 8 million staked ETH onto a module that requires node operators to post bonds, a shift expected to cut Ethereum's validator count by about a third.
Lido, the largest Ethereum staking protocol by total value locked, launched Curated Module v2, a new version of its main staking module that for the first time requires professional node operators to back the stake they manage with their own capital, the team said in a blog post published Monday.
The upgrade, Lido's largest protocol change since Lido V2 went live in May 2023, kicks off the migration of more than 265,000 validators holding over 8 million staked ETH, worth roughly $16.5 billion, onto Ethereum's high-balance validator design.
Lido expects the consolidation to cut the network's total validator count from about 880,000 to roughly 628,000 — a one-third reduction — and to trim attestation messages across the network by approximately 29% per epoch, easing load on the consensus layer. All 34 node operators in the curated set are expected to make the transition.
"This is the biggest change to how Lido Core staking works since Lido V2," Isidoros Passadis, chief of staking at Lido Labs Foundation, said in the release. "The node operators securing the majority of ETH staked via Lido are consolidating onto far fewer validators, and for the first time, they're backing that stake with their own capital, leaving the validator set underpinning Lido Core much leaner and better secured."
LDO traded at $0.38 at the time of writing, down 0.9% in the past 24 hours, according to CoinGecko. The token hit an all-time low of $0.2374 on June 25. The protocol holds $18.8 billion in total value locked, per DefiLlama.
Bonds for Professional OperatorsThe Curated Module, the permissioned operator set at the core of Lido, secures around 90% of the staked ETH in Lido Core as of July 2026, according to the announcement. Since Lido launched in December 2020, those operators have been held accountable mainly through reputation and DAO-vetted onboarding. Contributors first proposed the CMv2 design on Lido's governance forum in November 2025.
Under CMv2, each operator posts a bond, denominated in ETH, stETH, or wstETH and held as stETH, with a single bond covering all of an operator's validators. Bonds can be slashed under a new penalty framework to compensate stakers for validator slashing events, diverted execution layer rewards, or extended downtime, with penalties reported by a new Curated Module Committee and enforced through Easy Track motions that the DAO can veto.
The module also classifies operators into types — including public good operators building Ethereum clients and decentralization operators running nodes in underrepresented regions — with incentives tied to each category.
"Rather than replacing the existing reputation-based model, the bonds complement it with real economic accountability," Will Shannon, head of node operator mechanisms at Lido Labs Foundation, told CoinDesk in an interview accompanying the announcement.
Fewer, Larger ValidatorsCMv2 supports only validators with 0x02 withdrawal credentials, the high-balance validator type introduced in Ethereum's Pectra upgrade in May 2025, which raised the maximum effective balance per validator from 32 ETH to 2,048 ETH. Existing 32 ETH validators will be merged into larger ones through a consolidation pipeline that runs on a separate consensus layer queue, leaving Ethereum's deposit and activation queue untouched. Lido estimates the migration will nearly double the share of ETH secured by compounding validators network-wide, from 32.06% to 52.21%.
The stake migration is set to begin shortly and will take months — Lido cited an Ethereum activation queue of more than 40 days. The protocol estimates the transition will trim annual staking rewards by about 0.28%, since validators forgo some rewards in the window before their balances land on the new validators. Per the Staking Router v3 rollout plan, the legacy module is slated to stop receiving new stake in December 2026 and to be fully wound down around Q1 2027.
Broader Lido Core UpgradeCMv2 shipped as part of a wider Lido Core release. The Community Staking Module, Lido's permissionless arm, moved to v3, adding an Identified DVT Clusters operator type that lets independent stakers run distributed validators via Obol or SSV with bonds as low as 0.5 ETH per key, plus native reward splitting. CSM secures over 770,000 staked ETH across an estimated 335 active operators, about 8.5% of Lido's TVL, per the announcement.
The Simple DVT Module is winding down: following a Snapshot vote, its 72 regular clusters have been closed, with operators offered paths to continue through CSM. A dedicated permissionless module for 0x02 validators, dubbed 0x02 CSM, is targeted for Q4 2026.
Governance PathLDO holders approved the upgrade in onchain vote #203, which ran from July 15 to July 18 and bundled LIP-33, covering CMv2 and Community Staking Module v3, with LIP-35, the Staking Router v3 upgrade that moves Lido's accounting from validator counts to actual balances. The vote reached quorum and was enacted on July 20, kicking off execution through Lido's dual governance process. An earlier Snapshot vote on LIP-35 passed in June with 57.4 million LDO in favor and 17 LDO against.
The contracts were deployed to mainnet on July 7 after audits by Certora, Statemind, MixBytes, and Composable Security.
A second CMv2 phase, penciled in for Q4 2026 in the November proposal, is set to introduce custom fee curves, a strike system for underperforming operators, and a stake allocation mechanism Lido calls a validator marketplace, where deposits flow to operators based on fees, performance, and contribution to decentralization. The upgrade lands as Lido pushes beyond its core staking business, months after rolling out Lido V3 and its institutional stVaults.
Bitmine Immersion Technologies is on the cusp of controlling 5% of Ethereum’s circulating supply after accumulating approximately 4.8% of it, according to recent reports. The U.S.-listed Ethereum treasury company, known for its significant Ethereum holdings and staking operations, has amassed about 5.78 million ETH, valued between $11.5 billion and $11.8 billion. As the largest corporate holder and staker of Ethereum, Bitmine’s competitive position indicates a strategic move to dominate a substantial portion of the market. The company’s actions may raise concerns about market manipulation or centralized control, which could impact Ethereum’s price dynamics.
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Key Takeaways Bitmine’s accumulation of Ethereum appears to suggest market participants may view this as consistent with concerns about centralized control, which could influence market perceptions. Markets appear to reflect a consideration of how Bitmine’s holdings might affect Ethereum’s price volatility, with potential implications for the asset’s valuation. Pricing suggests that Bitmine’s actions may be seen as a significant market event, potentially prompting shifts in Ethereum-related market scenarios. What to Watch Watch for any further acquisitions or strategic moves by Bitmine as it approaches the 5% threshold of Ethereum control. Regulatory responses from entities such as the U.S. SEC could also influence market sentiment, especially if attention turns to concerns about market manipulation. The impact of Bitmine’s holdings on Ethereum’s price stability remains a key factor to observe in the coming days. Markets may also respond to any announcements regarding Ethereum staking and the broader implications for decentralized finance ecosystems.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.1% — — View market → August 1 2026 49.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 13.5% — — View market → August 1 2026 0.3% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.4% — — View market → August 1 2026 1.4% — — View market → August 1 2026 3.3% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.2% — — View market → August 1 2026 5.7% — — View market →
BitMine Immersion Technologies expanded its Ethereum treasury and accelerated its share buybacks last week, while BMNR stock jumped nearly 11% on Monday as ETH reclaimed $1,900.
Summary
BitMine acquired 9,946 ETH, raising its total holdings to 5.79 million ETH. The company now controls 4.8% of Ethereum’s total supply, nearing its 5% threshold. BitMine repurchased 6.1 million BMNR shares, bringing total buybacks to 11.6 million. BMNR gained 10.89% to $17.51, but still faces resistance near its 100-day average. BitMine adds 9,946 ETH to its treasury BitMine disclosed Monday that it purchased 9,946 ETH during the previous week, extending a weekly buying streak that began at the start of 2026.
The latest acquisition increased the company’s holdings to 5,787,414 ETH, equivalent to approximately 4.8% of Ethereum’s total supply. That puts BitMine close to its stated goal of owning 5% of all ETH in circulation.
The purchase also marked an increase from the prior week, when the company acquired 7,430 ETH. BitMine’s latest addition came as Ethereum recovered above $1,900 and reached its highest price in ten weeks.
Most of the company’s ETH is generating staking rewards. BitMine has staked 4,917,189 ETH, worth around $9.6 billion and representing about 85% of its total Ethereum holdings.
Staking allows BitMine to earn network rewards on its treasury assets, although the strategy also leaves its valuation heavily exposed to changes in the ETH price.
Share repurchases rise as ETH/BTC ratio strengthens BitMine also bought back 6.1 million of its own shares last week, up from the 5.5 million shares repurchased during the previous week.
The latest transaction brought cumulative purchases under its $4 billion repurchase program to 11.6 million shares. Chairman Tom Lee linked the larger buyback to the recent improvement in the ETH-to-Bitcoin ratio, which measures Ethereum’s relative performance against BTC.
“In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices.”
Lee added that Ethereum’s next notable price levels could be $2,000 and $2,500, citing targets identified by technical strategists. He also referenced BitMine adviser Tom DeMark, who sees those levels as possible near-term targets if Ethereum continues to follow its comparison with the S&P 500 after October 1987.
Those projections remain dependent on Ethereum maintaining its recovery. A renewed crypto market decline would affect both the value of BitMine’s treasury and investor demand for BMNR.
BMNR stock tests resistance after 10.89% gain BMNR closed at $17.51 on July 27, gaining 10.89% during the session after trading between $16.67 and $18.02, according to the TradingView daily chart.
Bitmine price daily chart | Source: TradingView The stock has remained above a rising support trendline drawn from its late-June low. It also closed above the 20-day simple moving average at $15.49 and the 50-day average at $16.59, showing an improving short-term structure.
However, BMNR remains below its 100-day average at $18.95. A sustained move above that level could strengthen the recovery and expose the $20 area, while the 200-day average remains much higher at $26.13.
The average directional index stands at 17.22. An ADX reading below 20 suggests the rebound has not yet developed into a strong directional trend, leaving the stock vulnerable to further consolidation.
What the move means for US investors BitMine gives US equity investors indirect exposure to Ethereum through a publicly traded stock, but BMNR also carries company-specific risks that direct ETH holders do not face. Its performance depends on Ethereum prices, staking income, treasury management, and the effect of share repurchases on its capital structure.
Institutional interest has also increased. As crypto.news reported last week, Cathie Wood’s ARK Invest purchased 5,264 BMNR shares through its flagship ARK Innovation ETF. ARK allocated about $251,500 across BitMine shares and the 3iQ Solana Staking ETF through three funds.
BitMine’s next key milestones are reaching the 5% ETH supply threshold and clearing the $18.95 technical resistance level. Progress on either front could shape whether BMNR extends its rebound or returns to its recent trading range.
BitMine Immersion Technologies acquired 9,946 ETH worth approximately $19.4 million over the past week while repurchasing 6.1 million shares of its common stock.
The purchase increased BitMine’s holdings to 5,787,414 ETH, valued at approximately $11.3 billion based on an ETH price of $1,948 as of July 26. The company now controls about 4.8% of Ethereum’s total supply and has reached 96% of its target to own 5% of all ETH.
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BitMine also increased its weekly share repurchases from 5.5 million shares to 6.1 million. The company has bought back 11.6 million shares since July 1 under its previously authorized $4 billion repurchase program. The company did not disclose the amount spent on the latest purchases.
Chairman Tom Lee said BitMine accelerated the buyback as the rising ETH to Bitcoin ratio indicated strengthening crypto prices. BitMine has continued purchasing ETH every week since launching its Ethereum treasury strategy in June 2025.
The company has staked 4,917,189 ETH worth approximately $9.6 billion. BitMine projects that its current staked position could generate $254 million in annualized staking revenue. Its combined crypto holdings, cash, securities and strategic investments were valued at $11.8 billion.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
A state-backed company in Shanghai started producing lithography machines that were previously the exclusive domain of Dutch giant ASML. That single development managed to spook AI stocks, drag the S&P 500 lower, and send ripples through crypto on Monday.
But here’s the thing: not everything went down equally. Ethereum has been quietly flexing relative strength, with the ETH/BTC ratio outperforming for a full month now. In a market defined by fear, that kind of consistency is worth paying attention to.
What happened and why markets flinched Lithography machines are the beating heart of advanced semiconductor manufacturing. They’re the tools that etch nanoscale circuits onto silicon wafers, and for years, ASML has held what amounted to a global monopoly on the most sophisticated versions. Think of it like being the only company that makes the printer for every country’s currency. If someone else suddenly builds their own printer, that changes the entire power dynamic.
China doing exactly that sent a clear message to markets: the US-led chip containment strategy has limits. If Chinese firms can produce competitive lithography equipment domestically, the entire thesis behind AI hardware scarcity, and the premium valuations attached to it, starts to wobble.
AI and semiconductor stocks took the hit first. The selling pressure then bled into broader indices, pulling down the S&P 500. And because crypto has increasingly traded as a risk-correlated asset class, Bitcoin and friends got caught in the downdraft too.
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Bitcoin slipped below $64,600. Solana climbed above $75, bucking the trend slightly with a 0.7% gain over 24 hours. XRP dipped below $1.10. None of these moves were catastrophic, but the direction told a story: macro fear was in the driver’s seat.
The Fear and Greed Index sat at 30 on Monday, firmly in “Fear” territory. Last week it was 29. So sentiment hasn’t really improved. It just hasn’t gotten worse either, which in this environment counts as a small win.
Ethereum’s quiet month of outperformance While Bitcoin grabbed most of the attention for its price swings, Ethereum posted a 2.3% gain over 24 hours, the strongest move among major tokens on the day. That’s not a one-off data point. The ETH/BTC ratio has been trending higher for a full month now, suggesting that capital within the crypto ecosystem is rotating toward Ethereum.
Look, ETH outperforming BTC during periods of macro stress isn’t the historical norm. Bitcoin typically plays the role of relative safe haven within crypto, the asset people flee to when things get shaky. When ETH gains ground against BTC during a fearful market, it usually signals something structural is shifting underneath.
Part of that shift could be tied to the broader DeFi narrative. DeFi was the top-performing category over the past seven days, according to CoinGecko data, though gains were essentially flat at 0.0%. In English: DeFi didn’t go up, but it also didn’t go down while everything else was bleeding. That relative resilience tends to benefit Ethereum, which remains the foundational layer for most DeFi activity.
Bitcoin’s own numbers tell a more muted story. A 0.2% gain over 24 hours and 0.5% over seven days. Those are the kind of returns that make you check if your screen refreshed. BTC is treading water while ETH is paddling forward, even if slowly.
The bigger picture: chips, tariffs, and risk appetite This lithography news doesn’t exist in a vacuum. It lands in a market already on edge about US-China tensions, semiconductor export controls, and the sustainability of AI valuations that have powered equity markets for over a year. If China can produce its own advanced chip-making equipment, the leverage that US export restrictions provided starts to erode.
For crypto investors, the transmission mechanism is straightforward. Anything that hits risk appetite in traditional markets tends to suppress crypto flows, especially into Bitcoin and larger-cap tokens. The correlation between BTC and the Nasdaq has been stubbornly high throughout 2024 and into 2025, meaning chip stock selloffs aren’t just a Wall Street problem.
The more interesting question is whether Ethereum’s relative strength can persist if macro conditions deteriorate further. ETH holding near $1,930 while BTC slides suggests there’s genuine demand, not just correlated drift. But a month of outperformance doesn’t make a trend, and the Fear and Greed Index hovering at 30 means the broader market hasn’t found its footing yet.
What investors should watch is whether the ETH/BTC ratio holds its gains through the next macro shock. If it does, that would mark a meaningful shift in how capital is allocated within crypto during risk-off periods. If it doesn’t, this month becomes a footnote. Either way, the fact that a Chinese lithography machine is now a variable in your crypto portfolio tells you everything about how interconnected these markets have become.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Bitcoin has posted its fourth consecutive weekly gain, holding above the 200-week Simple Moving Average at $63,500 and trading near $65,300 on July 27, 2026. The recovery from July’s $57,700 low now runs above 13%. Ethereum gained 4% last week and closed above the 100-day EMA at $1,934. Bitcoin ETFs recorded mild inflows for a third consecutive week after months of persistent outflows. The US paused its Iran bombing campaign on Friday, renewing hopes for diplomatic resolution. The FOMC meets tomorrow and Tuesday, with markets pricing a hold at 3.50-3.75%. The CLARITY Act faces a Senate vote by August 7. Four weeks of sequential gains, three weeks of ETF inflows, and a diplomatic pause have created the most constructive Bitcoin backdrop since October 2025. $GRUNTLE’s presale continues at $0.000649, building inside that backdrop as the next 100x crypto 2026 candidate positioned during the recovery, not at its peak.
Bitcoin’s Fourth Consecutive Weekly Gain: What Four Weeks of Recovery Signal Table of Contents
Bitcoin’s Fourth Consecutive Weekly Gain: What Four Weeks of Recovery SignalThe FOMC and CLARITY Act Catalysts This WeekNext 100x Crypto 2026: $GRUNTLE Positioned During Recovery, Not at Its PeakPresale at $0.000649. Hibernation Staking 5,403% APY.Check Out the Gruntle Website to Join the PresaleFAQ Bitcoin’s week of July 19-26 followed a familiar pattern. Buyers stepped in after last month’s $57,700 low, driving Bitcoin to a weekly high of $66,910 before sellers pulled it back to $64,466 by July 25. The net move was approximately flat on the week, yet the broader July recovery from the low now exceeds 13%. Four consecutive weekly closes above the prior week represents a sustained absorption of selling pressure rather than a single-session bounce.
BITCOIN ETF INFLOWS HIT HIGHEST LEVEL SINCE MAY
Bitcoin ETFs attracted +$900 million in inflows last week, the largest weekly inflow since early May, up sharply from +$197 million the week prior.
At the current pace, July is on track to be $IBIT’s biggest month since April and… pic.twitter.com/32vqUhmvQK
— Bitcoin News (@BitcoinNewsCom) July 22, 2026
Technical indicators support the thesis. Bitcoin’s RSI reached 54.4 on the daily chart – in bullish neutral territory for the first time since October 2025. The weekly RSI trends toward the neutral 50 level from below, a directional shift that has historically preceded further recovery. CME open interest is rising as sophisticated participants add long exposure in anticipation of improved global liquidity conditions. Additionally, US spot Bitcoin ETFs have now recorded inflows across three consecutive weeks, reversing the dominant outflow trend that persisted through May and June.
The FOMC and CLARITY Act Catalysts This Week Two catalysts converge this week. The Federal Reserve meets July 28-29. Markets price a hold at 3.50-3.75%, which removes the near-term rate hike risk that had weighed on risk assets. Furthermore, the Senate is expected to vote on the CLARITY Act by August 7 – the most comprehensive digital asset legislation advancing through Congress in 2026. A positive outcome would remove the regulatory uncertainty that has suppressed institutional allocation since early 2025. Both events resolve within days. The next 100x crypto 2026 entered before those catalysts confirms is positioned ahead of the potential market repricing they could trigger.
Next 100x Crypto 2026: $GRUNTLE Positioned During Recovery, Not at Its Peak The next 100x crypto 2026 is not found after Bitcoin has posted eight consecutive weeks of gains and the CLARITY Act has passed. It is found during week four of the recovery, when the directional signal is clear but the market has not yet reached the consensus that eliminates early-entry discounts.
Presale at $0.000649. Hibernation Staking 5,403% APY. $GRUNTLE’s presale is $0.000649 per token. The confirmed listing price is $0.000713, a defined 9.9% premium from today’s entry before open market pricing begins. The presale has raised $107,443.97 toward a $126,913.97 round target. Hibernation Staking currently pays approximately 5,403% APY on a variable basis, computed from a 250 million token rewards pool that decays as more participants stake. CredShields audited the ERC-20 contract at 0x959583858090bba7e0311e4bD944311DCD827038 on May 13, 2026. The Deep Mud Reserve holds 1 billion tokens for tactical buybacks and burns. The Doomsday Vault holds 25% in multi-sig for CEX listings. The Mud Pit allocates 500 million tokens for DEX liquidity at Phase 3.
The 100x maths are specific. From $0.000649, a 100x move reaches $0.0649, implying a fully diluted market cap of approximately $324.5 million. PEPE and BONK have both exceeded that level multiple times this cycle. The next 100x crypto 2026 does not need to become a top-ten asset. It needs to reach a market cap the meme sector treats as routine. Furthermore, Hibernation Staking at 5,403% APY rewards the waiting period – a yield that Bitcoin’s four consecutive weekly gains cannot offer and that no Bitcoin ETF product provides. The community has exceeded 5,000 members.
Check Out the Gruntle Website to Join the Presale
A $1,000 entry at $0.000649 acquires approximately 1,540,800 tokens. At a conservative 10x, that position reaches $10,000. Bitcoin’s fourth weekly gain signals recovery momentum. The next 100x crypto 2026 entered during that momentum, before the FOMC and CLARITY Act catalysts resolve, captures the pre-confirmation discount. Visit gruntle.io to enter the current round.
FAQ Q: Why does Bitcoin’s fourth consecutive weekly gain support the next 100x crypto 2026 thesis?
Four consecutive weekly gains from the $57,700 July low represent sustained accumulation rather than a single-session relief rally. Glassnode confirmed 259,298 BTC absorbed between $59,000-$67,000 in June. Bitcoin ETFs recorded three consecutive weeks of inflows. RSI reached 54.4 on the daily chart. When this recovery structure builds into the FOMC hold and a potential CLARITY Act passage, the conditions that historically produce next 100x crypto 2026 returns are converging. $GRUNTLE at $0.000649 is positioned inside that convergence at gruntle.io.
Q: What makes $GRUNTLE the next 100x crypto 2026 rather than simply buying Bitcoin at $65,300?
Bitcoin at $65,300 delivering a 100x return would require a market cap exceeding $65 trillion – structurally impossible. $GRUNTLE at $0.000649 requires a fully diluted market cap of $324.5 million for a 100x – a level PEPE and BONK have both cleared multiple times. The next 100x crypto 2026 is not found in an asset already valued at $1.3 trillion. It is found at presale stage, before the market has set any price, with a fixed entry that Bitcoin’s four-week recovery has not moved.
Q: With the FOMC meeting this week, why enter a presale now?
The FOMC July 28-29 meeting is expected to hold rates at 3.50-3.75%. A hold removes the rate-hike risk that has weighed on risk assets since the Fed’s hawkish June meeting. The best meme coin presale 2026 entered before that resolution captures the pre-clarity price. $GRUNTLE’s $0.000649 entry is fixed regardless of the FOMC outcome. The 5,403% Hibernation Staking APY accrues through the meeting whether the Fed holds, hints at cuts, or surprises with a hike. The presale entry does not require the FOMC to deliver a specific outcome.
This article is for informational purposes only and does not constitute financial advice. $GRUNTLE is a meme coin. Cryptocurrency investments carry significant risk. Always conduct your own research before investing.
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Speaking with Anthony Pompliano in a podcast on July 25, Visser noted AI remains a transformational investment theme, but the opportunity to generate seven- or eightfold returns from simply owning the sector’s most obvious winners has likely passed.
Visser added that investors are entering a more difficult phase of the AI cycle, where returns will depend on identifying companies with durable infrastructure, access to capital and real competitive advantages.
"The AI trade’s over," Visser said, clarifying that he did not mean AI itself was finished.
Visser says he believes returns of around 30% annually from AI infrastructure investments could still be attractive.
However, investors should no longer expect the extraordinary gains seen during the early phase of the boom.
Could Capital Rotate Toward Bitcoin?Visser pointed out that Bitcoin has held up relatively well despite remaining nearly 50% below its record high. He expects it to eventually move higher and has been personally adding exposure during the downturn.
The key signal, however, may be coming from the broader digital asset market.
A crypto ecosystem index he created recently moved above its mid-June highs, even though Bitcoin had not. At the same time, Ethereum has begun outperforming Bitcoin.
"All these things are suggesting that the market is starting to look more toward the revenue side of the equation, which would be more toward Ethereum and less toward Bitcoin," he stated.
Visser described that development as constructive for the long-term health of the crypto market.
AI And Crypto Are ConvergingVisser expects AI and crypto to become increasingly interconnected as autonomous agents begin carrying out financial transactions.
Stablecoins could become the primary payment system for AI agents, while blockchain networks provide always-on, programmable infrastructure that operates without relying on conventional banking hours.
He argued that stablecoins, not Bitcoin, are more likely to replace parts of the SWIFT payments system.
Governments, banks and technology companies are already positioning themselves around these new financial rails, he said.
"We are merging these two worlds of the past and the future, and it’s happening at a very, very fast pace," Visser highlighted.
Image: Shutterstock
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The Ethereum [ETH] validator exit queue remains at zero. AMBCrypto reported that this reflected long-term holder conviction, since during last year’s market crash, ETH queued for exit peaked at 2.6M ETH, with a waiting time of about 44 days.
The tables have been turned. It now takes nearly 44 days to gain entry, with just over 2.5 million Ethereum waiting in the validator queue. Once again, the fact that holders were willing to wait six weeks to begin ETH staking and earn rewards underscores a notable bullish signal.
Organic demand for ETH staking and long-term accumulation reinforces hopeful long-term bias Falling exchange Ethereum reserves pointed to steady accumulation trends. In the short-term, the uptick in smart contract deployment and median fees, alongside under-control leverage, was a good sign that prices could recover.
Alongside the cleared ETH staking exit queue, institutional interest remained steady. Bitmine Immersion Technologies [BMNR] announced on Monday, July 27, that their total holdings measured $11.8 billion.
It represented the sum of crypto, total cash and marketable securities, and “moonshots”, with 5,787,414 ETH at $1,948 per ETH, which was 4.8% of the ETH total supply.
Bitmine’s total staked ETH stands at 4,917,189 ETH, or $9.6 billion at $1,948 per coin. Their projected staking reward is $299 million on an annualized basis.
Source: CryptoQuant Bitcoin and altcoin analyst Merlijn the Trader wrote in a post on X that nearly 34% of the total Ethereum supply was locked in staking. Moreover, ETH staking earns 2.62%, down from 3.05% a year ago.
Increased demand to stake, even though rewards were falling, was yet another sign of long-term holder conviction.
Does this mean Ethereum is a bargain buy? Source: CryptoQuant Crypto analyst Burak Kesmeci pointed out that the average cost basis was at $2,305, compared to ETH’s market price of $1,938. This meant that the leading altcoin was still effectively “cheap“.
Combined with growing institutional participation and long-term holder conviction, the data suggests Ethereum may be attracting long-term investors despite ongoing market uncertainty.
However, other metrics, such as the MVRV and profitability, show that it was too early to call the bottom for either Ethereum or Bitcoin.
Final Summary The Ethereum validator queue for exit was zero, and Bitmine Technologies announced they have bought another 9,946 ETH over the past week. Together, the metrics showed long-term holder conviction, making the leading altcoin a bargain buy at market prices.
ETHGas [GWEI], which tracks the gas fees on the Ethereum [ETH] network, is down by more than 10% in the past 24 hours. It is a measure of the Ethereum ecosystem’s usage.
Notably, the daily trading volume was a reflection of this price decline, as it decreased by 49% to around $20 million. This decline confirmed the loss of trader interest in GWEI.
Hence, what were the specifics behind the decline in the price of ETHGas?
Why is the price of ETHGas falling? Interest in GWEI declined because the token’s intrinsic value is linked to Ethereum gas fees, which were falling. This decline was occurring despite the ongoing Ethereum ecosystem upgrades.
At press time, ETHGas was at its all-time low (ATL) of 0.042 GWEI, indicating minimal network congestion and user demand. When fees are this low, the token’s core utility and speculative demand evaporate.
Worth noting, high fees were on NFT sales, indicating demand on the Ethereum network leaned toward the sector.
Source: Etherscan As fees traded at an ATL, both institutions and retailers were selling the token on CEXes and DEXes due to its low demand. For instance, retailers were mainly using PancakeSwap DEX, OKX, and Bitget to offload their holdings.
Moreover, KuCoin and Gate were moving their holdings from cold wallets to hot wallets. Gate moved 20 million GWEI worth $591K in two transactions, while KuCoin moved 30 million GWEI worth $800K in three transfers.
In total, well over 50 million GWEI valued at around $1.40 million were sold in 24 hours, excluding the retailers’ distribution.
Overall, exchange balances were going up, about 3.7 million tokens in 24 hours, affirming the intention to sell GWEI across the crypto divide.
Source: Arkham Can GWEI bounce from its all-time low levels? GWEI price action aligned with the low network demand. The token has dropped around 92% from its peak value of $0.2519 in late June.
The net volume showed a fall from 5.37 million to negative 9.15 million. This indicated a massive distribution event, though it was starting to stabilize.
Source: GWEI/USDT on TradingView While bears had forced a breakdown below a broadening wedge pattern, bulls were giving hints of potential price recovery.
In fact, the MACD was having a crossover with bars blinking green for the first time since the 7th of July. As such, this development could indicate that ETHGas was on track for a recovery.
Therefore, GWEI remains in a bearish market structure unless Ethereum’s high network usage and user demand return.
Final Summary ETHGas declined by more than 10% in 24 hours due to Ethereum’s minimal network congestion and user demand. GWEI broke below a massive broadening wedge pattern and hit an ATL of $0.01892, but bulls were showing signs of a return.
Bitcoin slipped below $65,000 on Monday as traders positioned ahead of Federal Reserve policy decision Wednesday.
Notable Statistics:
Coinglass data shows 118,449 traders were liquidated in the past 24 hours for $437.94 million. SoSoValue data shows net outflows of $240.08 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $70.6 million. In the past 24 hours, top gainers include Pump.fun, LayerZero and Aerodrome Finance. Notable Developments:
Trader Notes:
Technical analyst Lennaert Snyder says Bitcoin’s weekend rally is retracing as expected after rejecting the $65,800 level, leaving liquidity above those highs as a likely future upside target.
He is watching three potential long-entry zones, with the first around $63,500.
The preferred accumulation area remains around $60,000, while $59,000 is viewed as the extreme range low potentially offering the best risk-reward if buyers step in.
Snyder also cautioned traders to account for potential volatility ahead of this week’s FOMC meeting.
Trader KillaXBT argues that today’s calls for $50,000–$40,000 Bitcoin mirror the 2022 market, when many investors waited for $10,000–$12,000 after Bitcoin had already bottomed near $16,000.
He contends that buying at $16,000, $20,000, or even $25,000 all proved profitable, with those willing to enter early ultimately rewarded.
Applying the same logic now, being early may look wrong for a few months. However, he remains confident Bitcoin will exceed $160,000 this cycle and long-term gains will outweigh the timing of the entry.
Image: Shutterstock
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Kripto para piyasasında büyük yatırımcıların zincir üstü (on-chain) hareketleri yakından izlenmeye devam ediyor. Temmuz ayı boyunca Ethereum (ETH) ve Wrapped Bitcoin (WBTC) biriktiren büyük bir balina yatırımcı, son gerçekleştirdiği işlemle yeniden dikkatleri üzerine çekti. On-chain verilere göre yatırımcı, yalnızca son birkaç saat içerisinde milyonlarca dolar değerinde WBTC’yi merkezi borsadan çekerek özel cüzdanına aktardı.
Balina Yatırımcıdan Milyon Dolarlık WBTC Hamlesi On-chain analiz platformu Ai Yi’nin paylaştığı verilere göre söz konusu balina, son iki saat içinde bir kripto para borsasından 120 WBTC çekti. Yaklaşık 7,8 milyon dolar değerindeki transferin doğrudan özel cüzdana yapılması, yatırımcının uzun vadeli birikim stratejisini sürdürdüğü şeklinde yorumlandı. Bu işlem, temmuz ayı boyunca devam eden agresif alımların son halkası olarak değerlendiriliyor.
Ai Yi’nin verilerine göre balina yatırımcı, temmuz ayının başından bu yana toplam 59.404,19 ETH ve 820 WBTC satın aldı. Güncel piyasa değerleriyle bu varlıkların toplam büyüklüğü yaklaşık 156 milyon dolara ulaşıyor. Bu rakam, son haftalarda zincir üzerinde kaydedilen en büyük bireysel kripto para birikimlerinden biri olarak öne çıkıyor ve büyük yatırımcıların Ethereum ile Bitcoin’e olan ilgisinin sürdüğünü gösteriyor.
Portföy Şimdiden Milyonlarca Dolar Karda Analize göre yatırımcının Ethereum için ortalama maliyeti 1.742 dolar, Wrapped Bitcoin için ise yaklaşık 64.329 dolar seviyesinde bulunuyor. Kripto para piyasasında son dönemde yaşanan yükselişin ardından söz konusu balina cüzdanının yaklaşık 8,93 milyon dolar gerçekleşmemiş kâr elde ettiği hesaplanıyor. Bu durum, yatırımcının doğru zamanlamayla yaptığı alımların şimdilik önemli bir getiri sağladığını ortaya koyuyor. On-chain veriler, büyük yatırımcıların varlıklarını merkezi borsalardan özel cüzdanlara çekmesinin çoğu zaman uzun vadeli saklama eğilimiyle ilişkilendirildiğini gösteriyor.
Bu nedenle son WBTC transferi, bazı piyasa katılımcıları tarafından Ethereum ve Bitcoin’e yönelik kurumsal güvenin sürdüğüne işaret eden olumlu bir gelişme olarak değerlendiriliyor. Bununla birlikte uzmanlar, tek bir balina cüzdanının hareketlerine bakılarak piyasanın genel yönü hakkında kesin sonuçlara varılmaması gerektiğini vurguluyor. Büyük ölçekli transferlerin portföy yeniden dengelenmesi, saklama altyapısının değiştirilmesi veya farklı yatırım stratejileri gibi çeşitli nedenlerle gerçekleştirilebileceği ifade ediliyor.
Değerlendirme Son on-chain veriler, büyük yatırımcıların özellikle Ethereum ve Wrapped Bitcoin tarafında birikim yapmaya devam ettiğini gösteriyor. Her ne kadar balina hareketleri tek başına piyasanın yönünü belirlemese de, merkezi borsalardan özel cüzdanlara gerçekleşen yüksek tutarlı transferler uzun vadeli güvenin sürdüğüne yönelik önemli sinyaller verebiliyor. Önümüzdeki dönemde benzer zincir üstü hareketler, yatırımcılar tarafından yakından takip edilmeye devam edecek.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Ethereum is up 4%, trading at $1.9K. ETH’s overall macro trend is bullish. The largest altcoin, Ethereum (ETH), is showing renewed strength after confirming a break of structure. Also, it has broken out of a falling wedge pattern and is now testing the upper boundary of a downtrend channel that has capped price action since September 2025.
At the time of writing, ETH is trading at $1,962, up by over 4.43% in the past 24 hours, while trading volume has exploded 120% to $9.33 billion. Technically, Ethereum has already completed a breakout above its long-term downtrend and is now consolidating within a key demand zone.
If ETH buyers continue defending this area, the next upside targets fall between $2,200 and $2,400, followed by $3K if bullish momentum accelerates. A sustained rally could eventually pave the way for a move to $4K, although that would depend on continued buying pressure and favourable market conditions.
Notably, the $2K level remains the most important hurdle. A weekly close above strengthens the bullish outlook and confirms a broader trend reversal. Conversely, a failure to reclaim this range could see Ethereum face renewed selling pressure and increase the risk of revisiting lower support zones.
Will Ethereum’s Bullish Momentum Continue Gaining Traction? The 4-hour price chart of ETH gives a positive outlook, and if it continues, the price could climb to the nearest resistance at around $1,997. As bullish pressure grows higher, the golden cross would take place, likely sending the price above $2,030.
Assuming a momentum reversal of Ethereum, the price could fall to the immediate support at $1,929. Upon a steady correction on the downside, the death cross might emerge, and the bears would take the asset’s price toward $1,895.
Zooming in on the technical chart of the ETH/USDT trading pair, the Moving Average Convergence Divergence line is above the signal line. The short-term momentum is accelerating faster, with buyers pushing prices higher.
Both lines are above zero; the overall macro trend is bullish, and the long-term momentum is pointing up. This hints at strong buying and momentum expansion. As long as both stay above zero, the path of least resistance remains up.
Ethereum’s daily Relative Strength Index (RSI) settled at 73.65, in the overbought territory. The buyers are in strong control and driving prices up. The higher it goes above, the higher the likelihood of a consolidation or price pullback.
However, the action of buying right now carries higher risk. Moreover, the traders wait for a divergence, a drop back below 70, before taking profit or re-entering.
Crypto Market Highlights
WEMIX Exploit: Stolen Funds Move Across Ethereum and BNB Chain
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
Competition for on-chain liquidity continues to intensify. However, ecosystems with greater utility continue to attract more capital.
Recent cross-chain flows show Solana [SOL] attracting roughly $552.6 million in net inflows, outpacing all other competing networks.
Ethereum remains the largest source of outgoing capital, while Arbitrum [ARB], Base, BNB Chain, and Tron [TRX] also direct liquidity toward Solana. These migrations indicate users find value in a network providing multiple use cases versus a single purpose.
Source: X Robinhood Chain may lead tokenized-equity DEX volume, although that advantage remains limited to one niche. In contrast, Solana maintains $4.9 billion in TVL, $16.4 billion in stablecoins, over 1.7 million daily active addresses, and $1.1 billion in DEX volume.
Together, those metrics reinforce stronger network effects and sustained capital attraction.
Can buyers regain control above key resistance? While the Solana ecosystem continues to be attractive for investors, no one in the market has been able to translate this attraction into a breakthrough
After rebounding from $73.23 to nearly $80, profit-taking emerged near the 38.2% Fibonacci level at $79.80, slowing the recovery. Even though sellers were unable to take out the support at $75.52, they did establish a new high and thus prevented the price from revisiting the July lows.
Source: SOL/USD on TradingView This indicates that there is a gradual absorption of selling by the buyer’s side as opposed to aggressive buying. At press time, SOL was trading within a very tight range around $76.46, reflecting a temporary balance between demand and supply.
A close above $77.32 would suggest fresh capital is translating into stronger conviction, whereas losing $75.52 would indicate sellers have regained short-term control.
Consumer spending reinforces Solana’s growth While capital inflows and improving price action point to growing confidence, payment activity suggests that confidence is increasingly translating into real-world usage.
Monthly crypto card top-ups climbed steadily through 2025 before accelerating sharply in 2026, reaching a record $94.32 million in May.
Crypto card top-ups in terms of monthly volumes increased steadily through 2025 prior to an acceleration in growth in 2026. The peak was reached at a record $94.32 million in May.
Although volumes eased after that month, they remained above $70 million, indicating users were continuing to spend on the network and not abandoning it.
KAST still processes most transactions, yet other providers are gradually expanding their share.
Source: X The broader participation helps reduce reliance on one platform and hence strengthens the payment ecosystem.
Most importantly, consumer spending is rising, which indicates Solana’s growth is no longer driven primarily by trading and DeFi. Instead, users are increasingly relying upon the network for daily transactional use, reinforcing broader adoption and supporting long-term demand within the ecosystem.
WEMIX lost about $6.25M after abnormal issuance of 5.23M WEMIX, with funds bridged to Ethereum and BNB Chain. The attacker swapped the assets into ETH and USDT, moved funds across wallets, and sent part to centralised exchanges as the investigation continues. On July 26, 2026 at 18:17 UTC+9, an abnormal transaction hit the WEMIX ecosystem. The owner authority of WEMIX and the related contract was compromised, giving the attacker the ability to issue WEMIX without authorisation and drain USDC.e from the protocol.
The numbers confirmed so far: approximately 5,225,525 WEMIX$ was abnormally issued and converted into 30,736 WEMIX and 724,198.27 USDC.e. The converted USDC.e was then bridged to Ethereum and BSC, swapped into ETH and USDT, and distributed, with some funds flowing directly into centralised exchanges.
Moreover, the total damage currently stands at approximately $6.25 million, equivalent to around 8.7 billion KRW.
What the WEMIX Team Did Immediately? The WEMIX team moved fast on containment. Both internal and external bridges were suspended, Chainlink CCIP suspension was completed, and the PLAY Bridge was temporarily taken offline.
In addition, the liquidity pool trading for WEMIX-USDC.e, WEMIX-WEMIX$, and several other pairs was halted. Also, the foundation-supplied liquidity was preemptively recovered.
On the service side, WEMIX$ modules, PNIX DEX, and related backend systems were suspended. Blockchain-linked content in select games was blocked, and NFT market trading was paused. Furthermore, the WEMIX PLAY-related functions were put under protective measures.
Tracking the Attacker Attacker addresses have been identified, and on-chain fund flows are being tracked. Multiple global exchanges and stablecoin issuers have been contacted for freezing cooperation, and some exchanges have already completed freezing measures on addresses linked to the attack.
Furthermore, a full inspection of identical and related contracts is underway alongside external expert involvement.
An exploit of this scale, with bridges suspended and liquidity pools offline, hints that WEMIX faces immediate selling pressure and user uncertainty until a full incident report and recovery plan are published. The speed of containment matters here; every hour without clarity increases the reputational damage beyond the financial one.
Crypto Market Highlights
Ethereum (ETH) Defends the $1,850 Support Zone: Can a Recovery Extend to $2,060?
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
Two crypto platforms disclosed security incidents over the weekend. WEMIX said ownership of a WEMIX$-related contract was compromised, while Garden Finance took its app offline after identifying unusual activity.
Both incidents are small by dollar value. Yet they match the pattern that has shaped crypto security this year, with attack counts climbing to records while individual losses shrink.
What Happened at WEMIX and GardenWEMIX reported abnormal transactions on the evening of July 26. Approximately 5,225,525 WEMIX$ were issued without authorization.
That supply converted into 30,736 WEMIX and 724,198.27 USDC.e. The assets moved through bridges to Ethereum and BSC, then into assets including Ether (ETH) and Tether (USDT).
Some of those assets reached centralized exchanges. WEMIX said it has asked exchanges and stablecoin issuers to freeze the attacker’s wallets.
“All bridges connected to and from WEMIX3.0 have been suspended temporarily. Chainlink CCIP has been suspended, and the PLAY Bridge has also been temporarily suspended,” the platform said.
The company said the cause remains under investigation, and the numbers may change.
Separately, Blockaid flagged an exploit on Garden Finance. The firm counted about $450,000 in USDT drained across Ethereum, Base, Arbitrum (ARB), and BSC at the time of its alert.
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we identified unusual activity on garden today and are looking into it.
the app is temporarily offline while we complete a full investigation.
we'll share updates as soon as we have more information.
— Garden 🌸 (@gardenfi) July 26, 2026 Record Crypto Hacks Define 2026TRM Labs recorded 207 hacks in the first half of 2026. That is more than double the 83 logged a year earlier. The firm said the figure was the highest it had recorded in any six-month period.
However, total hack losses moved in the opposite direction. Roughly $972 million was stolen, against about $2.3 billion in H1 2025.
The data points to a split between frequency and severity. More attacks landed, yet the largest sums concentrated on a handful of high-value targets, including KelpDAO and Drift Protocol.
Last week reinforced the pattern. Lookonchain counted three attacks last week totaling $35.55 million, hitting AFX Trade, the Verus Ethereum bridge, and B2 Network.
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TLDR:Lido Core continues to evolve alongside Ethereum. This upgrade introduces major improvements across its staking modules, strengthening protocol health and sustainability, improving alignment with Ethereum's roadmap, while advancing decentralization that benefits both Lido and the broader ecosystem.
Curated Module v2 introduces native support for 0x02 validators, bonding and penalty mechanisms, operator classification, and streamlined governance. It will gradually replace the legacy Curated Module as stake migrates to the new module.Community Staking Module expands permissionless participation with the new Identified DVT Cluster (IDVTC) operator type, alongside technical improvements that make the module more reliable and operator-friendly.Simple DVT Module refines to improve its long-term economic and operational sustainability. No action is required from stakers. The upgrade is handled entirely at the protocol level.
About Lido CoreLido Core is the main liquid staking infrastructure of the Lido protocol, where user-deposited ETH is algorithmically allocated to validators run by a diverse set of both permissioned and permissionless Node Operators (NO) through various Staking Modules. The term was established to distinguish the protocol’s foundational architectureーa single pooled modelーfrom new modular staking primitives (stVaults) launched as a part of Lido V3.
Isidoros Passadis, Chief of Staking at Lido Labs Foundation Curated Module v2: Evolving the Largest Lido Staking ModuleThe Curated Module has been the cornerstone of the Lido validator set since the protocol launched in 2020, securing around 90% of all staked ETH in Lido Core as at July 2026. As Ethereum staking continues to evolve, Lido contributors continue advancing the modules to keep Lido Core aligned with Ethereum's roadmap while ensuring long-term protocol sustainability.
Curated Module v2 (CMv2) is the next major step in that evolution, introducing the market-driven operator economics framework, streamlined operations, new mechanisms and dedicated Node Operator types that empower operators to strengthen Ethereum's decentralization.
To ensure smooth adoption the new module will be introduced in two phases:
Phase 1: Core structural changes, including native 0x02 validators support, operator classification and improved incentive alignment, bond-based security and penalty mechanisms, and lower governance friction. Phase 2: Flexible stake distribution mechanism, custom fees, and a strike system. 0x02 Native SupportThe Pectra upgrade introduced 0x02 Withdrawal Credentials (WC) and consolidations, enabling validators to increase their maximum effective balance from 32 ETH to 2,048 ETH. The Lido protocol initially introduced 0x02 with the launch of stVaults in December 2025. Learn more about this novel modular staking primitive here.
Now, Curated Module v2 brings that capability to Lido Core largest staking module. This enables the migration of more than 265,000 existing Curated Module validators from legacy 0x01 WC to 0x02 through validator consolidations.
Curated validator migration will nearly double the share of ETH secured by compounding validators, increasing it from 32.06% to 52.21%. At the same time, it will reduce the total number of validators across the Ethereum network by roughly one third, from approximately 880,000 at the time of writing to ~628,000 post consolidations (not accounting for new validators that may join the network, or other consolidations).
By reducing the number of validators, this migration is expected to meaningfully lower network congestion and Consensus Layer overhead specifically, while further aligning the Lido protocol with Ethereum's roadmap. Once completed, it should bring down the number of attestation messages across the network by approximately 29% each epoch.
Node Operator TypesRather than applying a one-size-fits-all model, CMv2 introduces operator classification that better reflects the diversity of Curated Node Operators.
The new Node Operator Type Framework enables recognition of different levels of contribution to protocol growth, infrastructure resilience, Ethereum public goods and decentralization.
These types include:
Decentralization Operators — entities that run Ethereum nodes across underrepresented geographies and diverse infrastructure and client combinations;Extra Effort Operators — operators contributing additional value to the protocol beyond validator operations: through capital participation, service roles (such as the Lido Oracle or Deposit Security Committee), and governance alignment through LDO holdings and voting activity.Public Good Operators — entities meaningfully involved in building and maintaining core Ethereum Consensus and Execution Layers (CL and EL) client software. These contributions are now reflected in the Curated Module v2 incentive structure, helping ensure that both the Lido protocol and Ethereum continue to thrive together.
This framework formalizes an approach Lido DAO has been following for years, supporting Ethereum client teams and public-good builders through participation in the Curated Module and LEGO grants. To help sustain development of CL and EL clients, seven client teams were onboarded as Curated Node Operators. As of July 1, 2026, they have collectively received 8,710 stETH (~$21 million) in cumulative rewards for operating validators on behalf of Lido stakers.
Beyond CL and EL development support, improving client, geographic, and infrastructure diversity has remained a sustained focus for contributors and Node Operators since the Merge. Coordinated efforts have steadily reduced the protocol’s reliance on any single client, geographic region, or cloud provider, contributing to a more resilient and decentralized Ethereum network.
By fostering balanced usage, Lido continues to strengthen Ethereum’s overall health and network resilience. Explore the Validator and Node Operator Metrics (VaNOM) dashboard, which provides a detailed view of the progress made over the past five years.
Bonding And Penalty MechanismsThe legacy Curated Module was built on trust, relying on operator reputation as a primary guarantee of alignment and reliability. Curated Node Operators were expected to perform to a high standard and compensate stakers and the protocol if losses arose.
As the staking ecosystem matures, Curated Module v2 advances this alignment by introducing ETH-backed bonding and Penalty Framework that enable coverage in cases of operator underperformance, operational downtime, slashing, or EL rewards violations.
Rather than replacing the existing reputation-based model, CMv2 complements it with new bond-based security and accountability mechanisms, better aligning operators’ behavior with stakers and strengthening Lido Core robustness.
Streamlined Governance And Simplified NO ManagementThe current CM design requires on-chain votes even for routine administrative changes, such as updating an operator address. This increases operational overhead and can delay responses to time-sensitive matters.
Curated Module v2 streamlines governance by permissioning routine operational updates and administrative tasks to Node Operators and the Curated Module Committee (CMC) respectively. The DAO retains authority over the composition of the Node Operator set and parameters related to Node Operators and can override or veto changes when necessary.
This approach reduces DAO overhead and reliance on off-chain coordination, while maintaining the security and oversight.
Aleksandra Gusakova, Lido Core Product Lead at Lido Labs Foundation Lido CSM v3Following 1.5 years of real-world battle-testing, the Community Staking Module has proven itself as a highly scalable and reliable permissionless staking avenue. Today, it stands as the largest alternative to vanilla solo staking in the ecosystem, securing over 770,000 staked ETH across estimated 335 active operators, representing roughly 8.5% of Lido TVL and 1.9% of the total network stake.
However, the evolution of Lido’s permissionless staking continues. As part of the Lido Core upgrade, CSM is evolving to become even more resilient and operator-friendly. Alongside several under-the-hood technical optimizations, here are the primary new features that CSM v3 brings to permissionless operators:
Identified DVT Clusters (IDVTC): This new Node Operator type creates a third pathway alongside the default and Identified Community Staker (ICS) options to utilize CSM. IDVTC empowers independent community stakers to run distributed validators via Obol or SSV using the most optimized parameters available in CSM to date:Bond Requirements: A low 1.5 - 0.5 ETH bond per key.Estimated Capital Efficiency: Up to 3.1x compared to solo staking. To learn more about IDVTC and compare all available options, check out lido.fi/csm.
Native Node Operator Reward Splitting: Node Operators can now configure multiple destination addresses to receive rewards, each with customized proportions. This native splitter provides a seamless experience for operators who need to distribute rewards across various individuals or entities. For example, a group running validators as an IDVTC can now manage reward allocations to individual cluster members directly via the CSM widget.Agile Governance for Permissionless Staking Share Limit: To allow the protocol to promptly react to market demand and scale permissionless staking capacity, traditional Aragon governance has been replaced with Easy Track. This enables faster increases to the module’s staking share limit. Simple DVT Module: What's ChangingFollowing the recent Snapshot vote, the 72 regular clusters in the Simple DVT Module (SDVTM) have been wound down.
The Simple DVT Module played a pivotal role in advancing Distributed Validator Technology (DVT) adoption across both Lido and the broader Ethereum ecosystem. It allowed significant expansion of the number of participating Node Operators in Lido Core by more than 300, making Lido's validator set substantially more diverse and decentralized.
Operators from the wound-down clusters have a pathway to continue validating through Lido through the Community Staking Module (CSM) in one of three ways:
Default permissionless path.ICS: Existing SDVTM solo and community stakers are eligible to claim ICS status if they choose to continue as solo operators.IDVTC: Regular cluster participants, wishing to continue running DVT, can form new clusters. Compared with the Simple DVT cluster model, this approach allows operators to self-organize, and, in certain configurations, receive more favorable economic incentives than other CSM operator types. On top of this, the Lido DAO approved a grant framework to recognize the contributions of operators that participated within the Simple DVT regular clusters. Grant details can be found in the Research Forum post.
Super ClustersSuper Clusters, which consist of Advanced Node Operators and members of the Curated Module running larger validator sets, are not affected by this change. They continue operating as planned until the originally approved wind-down date.
Their longer-term future, including a potential migration to another staking module or an earlier wind-down, will be evaluated separately based on market conditions and future governance decisions.
What's NextThe new Curated Module v2 is now live, and the stake migration from the legacy Curated Module will start soon. Given the current Ethereum activation queue of more than 40 days, this process will take time. The CM will remain available as a fallback and will gradually be wound down as stake migrates to CMv2.
The Identified DVT Clusters operator type is also live, and the first eligible operators can claim the type. Applications for the next IDVTC assessment round close on September 21, while applications for the Identified Community Staker status close on September 7, giving prospective operators time to prepare their applications and cluster formation. Apply for ICS and IDVTC here. For all upcoming application deadlines through the end of 2026, see the full assessment calendar on the Research Forum.
Looking AheadCurated Module v2: Phase 2. With the foundations now in place, Lido contributors will continue preparing the second phase of CMv2. It will introduce mechanisms that move Lido closer to a market-driven staking model, where stake can flow dynamically between Node Operators based on transparent parameters such as fees, performance, and contributions to the ecosystem. Follow the discussion on the Research Forum to stay up to date with the latest proposals and development progress.0x02 CSM. While this specific upgrade does not introduce permissionless 0x02 validator support within the current iteration of the CSM, the v3 codebase natively supports the credential type. The Lido DAO has approved the launch of a dedicated module (0x02 CSM), targeted for Q4 2026, designed specifically to enable permissionless node operators using 0x02 withdrawal credentials. This new module will run alongside the existing CSM instance, offering operators full flexibility to choose their preference. To dive deeper into the solution, read the full 0x02 CSM Landscape.
Ethena (ENA), a decentralized finance (DeFi) project known for offering synthetic dollar products, is drawing renewed interest from traders following a key breakout and subsequent retest. Analysts are closely watching ENA’s price action amid increasing adoption and liquidity on the Base platform, which is a layer 2 scaling solution for Ethereum designed to make decentralized applications faster and more cost-effective.
Price action and trader sentimentAt the time of writing, ENA is trading at $0.08520, with a 24-hour trading volume of $68.37 million and a market capitalization of $814.75 million. Although ENA has posted a 1.08% decline over the past day, analysts remain attentive to its technical setup, which signals a possible reversal from recent lows.
Crypto analyst Daan Crypto Trades pointed out that ENA recently broke past a significant resistance zone and is now undergoing a crucial retest. If buyers remain active and sustain the current price level, this could lead to the formation of a higher low and open the door for a continued uptrend toward a target price of $0.135.
Traders are watching whether buyers can maintain support at the breakout zone, as holding this level would signal renewed strength and improve the chances of an upward move targeting $0.135.
However, the next major price movement for ENA is expected to be influenced by broader market trends, particularly the performance of leading digital assets like Bitcoin (BTC) and Ethereum (ETH).
Rising adoption and ecosystem growthData from the Ethena Ecosystem indicates that ENA holdings on Base have steadily increased, surpassing the $250 million mark over the past month. This trend reflects increasing confidence in Ethena’s platform and rising demand within the DeFi sector for its synthetic dollar products.
Expanding asset holdings on Base also highlight the platform’s growing significance in offering DeFi solutions. Ethena continues to benefit from this momentum, enhancing both its liquidity and its appeal for further integrations.
Mini dictionary: Base, a layer 2 network built on Ethereum, aims to provide faster and more scalable infrastructure for decentralized applications. By lowering costs and increasing throughput, Base is designed to help projects onboard a broader user base and increase activity within the Ethereum ecosystem.
MetricCurrent ValueMonthly ChangeENA Price$0.08520 -1.08% (24h)Trading Volume$68.37 millionN/AMarket Capitalization$814.75 millionN/ABase Holdings$250 million+IncreasedTarget Price$0.135N/AOutlookFuture price movement for ENA will depend on whether buyers are able to defend the current breakout level and sustain the trend. A successful retest could allow ENA to rally toward the proposed $0.135 target, while ongoing growth on Base would likely further boost demand for the asset.
Market sentiment across major digital assets remains a crucial factor, with positive momentum in Bitcoin and Ethereum poised to influence the direction of ENA and other altcoins.
Growth in Base holdings suggests that confidence in the Ethena ecosystem is strengthening, while continued demand for synthetic dollars could reinforce liquidity and support further integrations.
As the decentralized finance sector evolves, projects like Ethena are aiming to attract users by offering novel products and robust liquidity. Traders will be monitoring ENA’s next move closely to determine whether the recent bullish signals can translate into sustained upward price action.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PANews July 27 news, according to SoSoValue data, influenced by factors including the suspension of mutual strikes between the U.S. and Iran, the crypto market rebounded across the board after several days of declines. The NFT sector was active, rising 3.00% in 24 hours, with Audiera (BEAT) up 5.06%, Pudgy Penguins (PENGU) and APENFT (NFT) up 2.34% and 1.12% respectively. Meanwhile, Bitcoin (BTC) rose 1.07%, breaking above $65,000; Ethereum (ETH) rose 3.55%, reclaiming the $1,900 level.
In other sectors, the Meme sector rose 2.60% in 24 hours, with BUILDon (B) up 17.43%; the DeFi sector rose 2.28%, with Aave (AAVE) up 9.62%; the Layer 2 sector rose 1.51%, with Stacks (STX) up 6.38%; the Layer 1 sector rose 0.92%, with Zcash (ZEC) up 3.24%; the CeFi sector rose 0.68%, with OKB up 3.63%; the PayFi sector rose 0.66%, with Trust Wallet (TWT) up 3.33%.
The crypto sector indices that reflect historical sector performance show that the ssiDeFi, ssiMeme, and ssiRWA indices rose 3.16%, 2.96%, and 2.90% respectively.
Ethereum has shown signs of a decisive structural shift in its price trend after breaking out of its previous downtrend and holding the retest, according to independent analyst Qmo. The cryptocurrency is now consolidating within a demand zone, placing it at what the analyst described as the second step in a five-stage pattern toward higher prices.
Analyst projections and short-term levelsQmo identified the recent move as a technical break of structure that had been forming over several months. With the initial breakout and retest confirmed, Qmo noted the chart currently consolidates at a crucial support area. The scenario sets Ethereum’s price up for a move toward the $2,200 to $2,400 range in the upcoming sessions if the consolidation phase is resolved to the upside.
Qmo described the development as a “quiet” but “crucial” technical shift, stating, “Ethereum has quietly completed the break of structure traders have been waiting months to see,” while adding that the next steps will determine whether ETH extends its gains or reverses.
Beyond $2,400, stronger momentum could lift Ethereum toward $3,000, with a possible expansion over $4,000 if bullish sentiment persists. However, analysts cautioned that these levels are forecasts and require Ethereum to first establish price stability above the current demand zone.
Liquidity and possible risksTed, another analyst active on X, highlighted significant liquidity pools on both the upside and downside of the Ethereum market. According to his assessment, the next major move for ETH will depend on policy developments related to the CLARITY Act, with outcomes influencing the direction of Ethereum’s price.
Ted pointed out, “ETH has decent liquidity clusters both to the upside and downside. The next move will be entirely dependent on the Clarity Act. If that approves, shorts are in trouble. If not, Ethereum might revisit $1,500 again.”
The CLARITY Act proposal has emerged as a central factor in the current outlook, with support for the bill potentially triggering a squeeze among short sellers. Conversely, if the bill fails, analysts see the risk of another decline to the $1,500 area.
Mini dictionary: CLARITY Act, proposed US legislation aimed at providing regulatory clarity for digital assets, helping to define which tokens are considered securities under US law.
Cycle analysis and long-term targetsCrypto Patel, an analyst known for studying historical cycles, compared Ethereum’s current trajectory with patterns observed during its prior four-year cycles. According to his analysis, Ethereum has tended to move through phases of sharp rallies, corrections, and accumulation before reaching new peaks.
Patel outlined a major support zone ranging from $1,000 to $1,350. He suggested that holding above this region is needed to preserve his bullish long-term view, even if it does not immediately guarantee an upward breakout. He indicated that Ethereum must first overcome resistance near $3,945 and set a new all-time high backed by established support at higher levels for targets to become realistic.
The analyst’s long-term projection places Ethereum at $10,000, with a potential cycle peak between $16,000 and $22,500 by 2026 or 2027, provided that similar market dynamics to past peaks are repeated.
Support ZoneShort-Term TargetMedium-Term TargetLong-Term Peak (Est.)$1,000–$1,350$2,200–$2,400$3,000–$4,000$16,000–$22,500 (2026-2027)Analysts agreed that all projections depend on Ethereum defending key technical levels and, more broadly, on regulatory and market shifts in digital assets over the coming years.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum has confirmed a significant technical shift following the completion of a downtrend breakout and retest, according to analyst Qmo. The cryptocurrency is now consolidating within a demand zone, which Qmo identifies as the second phase within a broader five-step market pattern.
Key breakout and consolidation phasesQmo stated that the initial technical objectives have been met as the breakout and subsequent retest are now complete. Ethereum’s price is currently moving sideways within a support area, and further consolidation is expected before any decisive push toward higher targets between $2,200 and $2,400.
Should momentum continue, Qmo suggested that Ethereum could next approach $3,000 and, if strength persists, potentially break above $4,000. However, these values are currently seen as potential milestones rather than confirmed outcomes. Ethereum must first maintain its position above the newly established structure and exit the current demand zone for these targets to remain viable.
Consolidation within the demand zone marks a crucial stage for Ethereum. Buyers and sellers are setting the stage for a move toward $2,200 to $2,400, but the structure’s stability must hold before higher price targets can be considered.
Recent breakout formations in Ethereum have historically preceded rotation into other leading altcoins, according to Qmo. If Ethereum’s underlying structure remains resilient, the broader crypto market could see an uptick in alternative coin performance during the next phase of liquidity movement.
Market liquidity, CLARITY Act, and price risk factorsIn a separate X post, analyst Ted highlighted several major liquidity pools residing both above and below Ethereum’s current price. This setup, he argued, increases the likelihood of a swift price movement in either direction, depending on which side the market pressures first.
Ted cited the pending approval of the CLARITY Act as a key catalyst for Ethereum’s next move. Should the bill pass, he expects substantial pressure on short sellers, potentially driving the price higher. By contrast, if the CLARITY Act fails to advance, Ted warns that Ethereum could return to levels near $1,500.
Major liquidity clusters on both sides of the chart mean the next big move for $ETH could happen quickly. Passage of the CLARITY Act would likely challenge short positions, but without clear regulatory progress, the downside risk increases.
Technical developments such as contracting triangles, retest confirmations, and major resistance levels have increased the demand among traders for real-time price monitoring. CryptoAppsy addresses this need by offering users a comprehensive platform that combines live pricing, detailed charting, and multi-currency portfolio management on a single screen. The application enables investors to capitalize on rapid price moves through customizable alerts, targeted coin news, and tools for tracking altcoins as they are newly listed. It also integrates vital macroeconomic data, such as Fed interest rates, helping users to stay ahead of market shifts.
Long-term outlook and cycle analysisAnalyst Crypto Patel offered a perspective based on Ethereum’s historical four-year market cycles. Comparing current price movement to those that preceded both the 2017 and 2021 rallies, he identified the $1,000 to $1,350 range as critical support. Remaining above this zone would support a bullish case, even if it does not guarantee a sustained rise.
Patel explained that Ethereum must first reclaim resistance around $3,945, surpass its all-time high, and establish a new support level above that threshold before more ambitious targets can come into play. His analysis sets $10,000 as a long-term objective for the asset, with projections for a potential peak range between $16,000 and $22,500 by either 2026 or 2027, contingent on historical patterns repeating.
While these scenarios highlight possible trajectories for Ethereum, none are assured. Analysts emphasize that actual price movement will depend on structural stability, liquidity flows, and external factors such as regulatory decisions and macroeconomic trends.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum has entered a critical consolidation phase after confirming a structural break from its recent downtrend, according to several market analysts. The asset currently trades within a key demand zone, with traders observing closely for the next decisive move on the chart.
Technical breakout and near-term targetsAnalyst Qmo reported that Ethereum has successfully completed both a breakout from its previous downward structure and a retest. ETH is now consolidating, which he described as phase two in a five-stage sequence.
Under Qmo’s technical setup, the next step for Ethereum would involve price action moving towards a short-term target range between $2,200 and $2,400. Should upward momentum persist, further projected targets include $3,000 and, eventually, a possible rise above $4,000.
Traders have waited months for this breakout. The chart is now in consolidation, setting the stage for what could be the most important moves to come, with $ETH aiming for $2,200 to $2,400 if structure holds.
Despite these targets, Qmo acknowledged that price must first hold its new structure in the demand zone before higher objectives can be pursued. Movement above these levels remains speculative until further confirmation emerges.
Key catalysts: Market liquidity and the Clarity ActQmo noted that similar breakouts have previously triggered rotation into major alternative cryptocurrencies, potentially aiding broader market growth if the current structure proves durable.
Analyst Ted offered a contrasting view, observing the presence of strong liquidity pools above and below Ethereum’s current price. He identified the Clarity Act as a crucial catalyst for the next move, suggesting the outcome could dictate whether Ethereum rises or returns to significantly lower levels.
The next move for $ETH will depend on the Clarity Act. Approval may squeeze shorts; a rejection could see Ethereum revisit $1,500.
Ted stated that legislative clarity would likely trigger upward momentum by squeezing short sellers, while unfavorable results could put $ETH at risk of falling back to $1,500.
Mini dictionary: Clarity Act, proposed US legislation aimed at clarifying the legal status and classification of digital assets, including cryptocurrencies like Ethereum.
Long-term outlook and cycle analysisCrypto Patel, a market analyst, evaluated Ethereum’s price behavior in the context of its historical four-year cycles. He compared the current trend to previous rallies, corrections, and periods of accumulation observed before the peaks reached in 2017 and 2021.
According to Patel, Ethereum’s primary support now ranges between $1,000 and $1,350. Remaining above this band maintains his positive outlook, even if it does not immediately confirm an upward trend.
The analysis suggested that before higher targets are credible, Ethereum must overcome resistance around $3,945, establish a new all-time high, and continue building support above it. Patel’s projections identify $10,000 as a long-term goal, with the possibility of a cycle peak between $16,000 and $22,500 during 2026 or 2027, should previous historical patterns repeat.
AnalystNear-Term TargetDownside RiskLong-Term TargetQmo$2,200–$2,400Not specified$4,000+TedDepends on Clarity Act outcome$1,500Not specifiedCrypto Patel$3,945 resistance$1,000–$1,350 support$10,000–$22,500 (2026–2027)Market conditions and warningsAnalysts consistently emphasized that all targets remain contingent on Ethereum holding its current technical structure. The volatile nature of crypto markets means that projections should be considered with caution. Previous cycles have shown that both sharp rises and substantial corrections are possible as key events and regulatory developments unfold.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum’s price action has reached a critical phase following what technical analyst Qmo described as a confirmed break of structure. After completing a breakout from its downtrend and a successful retest, Ethereum now consolidates within a demand zone, positioning itself for a potential next move.
Analysts outline key price levels and targetsQmo highlighted that the current phase is the second step in a technical setup, with Ethereum now stabilizing before its direction becomes clear. According to this sequence, if the demand zone holds, Ethereum could climb to the $2,200–$2,400 range. Beyond this, Qmo’s projections suggest a stronger upside could drive the price near $3,000 and, with sustained momentum, even above $4,000.
These targets remain contingent on Ethereum maintaining its newly established price structure and breaking out from the current demand zone. Without continued support, higher targets may not become achievable.
Qmo emphasized that while the breakout and retest are now complete, consolidation within the demand zone marks a decisive stage. Further gains for Ethereum depend on a clear exit from this range.
Market rotation and liquidity outlookQmo also noted similarities between the present breakout and previous episodes when Ethereum rallied ahead of major moves in significant altcoins. This form of liquidity rotation, which occurs when trading activity and funds shift from one asset to others, could indicate the start of broader market momentum if the bullish structure remains intact.
In addition, analyst Ted pointed out notable liquidity pools on both sides of Ethereum’s current price. He identified the CLARITY Act as a potential catalyst for the next move. Ted stated that should the act be approved, short positions could come under pressure, while a lack of progress might push Ethereum down as far as $1,500.
The CLARITY Act is a proposed legislative initiative in the United States aimed at providing clear regulatory guidelines for digital assets, which market participants believe could significantly impact the trajectory of cryptocurrencies like Ethereum.
Mini dictionary: CLARITY Act, a legislative bill in the US aiming to define the regulatory status of digital assets and foster clarity for crypto businesses and investors.
Ted predicted that the outcome of the CLARITY Act could significantly shift market direction, either squeezing shorts or opening the prospect of a deeper decline toward $1,500.
ScenarioPotential ETH Price LevelsDemand zone holds, bullish continuation$2,200 – $2,400, $3,000, above $4,000CLARITY Act stalls, breakdown$1,500Long-term cycle peak (2026/2027)$16,000 – $22,500Long-term perspectives and cycle analysisA longer-term outlook has been provided by Crypto Patel, an analyst known for studying past cryptocurrency market cycles. Using data from Ethereum’s previous four-year cycles, Patel compared current market conditions with those seen before the major peaks of 2017 and 2021.
Patel identified the key support region between $1,000 and $1,350. He considered the maintenance of this range essential for any continued bullish momentum, even though it does not guarantee a price surge.
His technical roadmap suggested that before Ethereum can target new record highs, it must first surpass resistance around $3,945 and establish support above this zone. Only then would the path toward higher values become viable.
According to Patel, in an optimistic scenario where historical patterns repeat, Ethereum could reach $10,000 as a long-term goal, with a projected cycle peak between $16,000 and $22,500 in 2026 or 2027. These numbers are based on past historical data and rely on recurring market trends.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum has completed a crucial technical breakout and initial retest, placing its price into a critical consolidation phase. Analyst Qmo reported that this structural break, anticipated for months by traders, now brings Ethereum to what he described as the second phase of a five-step market sequence. The price currently trades inside a significant demand zone as it consolidates.
Key Targets and Technical OutlookAfter a successful breakout from the recent downtrend and a confirmed retest, Qmo suggested that Ethereum could soon attempt to move towards the $2,200 to $2,400 price range. If momentum continues, the price could advance to $3,000 and, in a more bullish scenario, see expansion beyond $4,000.
Qmo cautioned that these figures remain projections dependent on Ethereum maintaining its newly established structure and completing the consolidation process. Until the price decisively exits the current demand zone, higher targets will remain speculative.
Qmo detailed that after months of waiting, Ethereum achieved the downtrend breakout and successful retest. The focus now shifts to whether this structure will hold and whether price can exit the demand zone to pursue higher objectives.
He also highlighted that patterns similar to the current breakout have previously signaled a shift towards significant altcoins, suggesting that the resilience of this structure could fuel the next phase of broader market activity.
Market Liquidity and Potential CatalystsAdditional analysis from Ted focused on Ethereum’s substantial liquidity pools, noting clusters positioned both to the upside and downside. He cited the pending CLARITY Act as a potential catalyst for Ethereum’s next decisive move. Ted argued that approval of the legislation could adversely impact short positions and spark a rally, while rejection could see Ethereum fall toward the $1,500 level.
Ted identified significant liquidity on both sides of the market and warned that the outcome of the CLARITY Act in Congress might trigger a swift price swing. Approval could force shorts to cover, but a setback might sharply pull prices down.
For traders actively monitoring these developments, using an all-in-one assistant like CryptoAppsy—which integrates real-time prices, smart alerts, tailored news, and instant macroeconomic data such as Fed interest rates—enables quick responses to shifting technical levels, ensuring they remain well-informed and ready to act.
Cyclical Perspectives and Long-Term ScenariosAnalyst Crypto Patel provided a longer-term perspective, referencing Ethereum’s historical four-year cycle patterns. He compared the current technical setup with accumulation, rally, and correction phases observed before the 2017 and 2021 bull market peaks.
According to Crypto Patel, key support currently lies between $1,000 and $1,350. Maintaining this support would preserve his bullish view, though it would not confirm a sustained rally. For Ethereum to approach higher long-term targets, the price must first clear resistance at roughly $3,945, set a new all-time high, and establish fresh support above that level.
Patel’s projections include a long-term price objective of $10,000, with the possibility of the cycle peaking between $16,000 and $22,500 in 2026 or 2027—assuming previous cycle trends are repeated.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum’s price has entered a crucial consolidation phase following a confirmed downtrend breakout and successful retest, according to cryptocurrency analyst Qmo. The setup signals a potential reversal, with the price now consolidating within a significant demand zone. This stage is identified as the second in a five-step sequence tracked by the analyst.
Potential price targets and technical outlookQmo identified that Ethereum has formed a technical “break of structure” that traders have waited several months to see. With consolidation underway, the next key move could carry ETH toward $2,200 to $2,400, provided the bullish structure is preserved. A robust continuation might enable Ethereum to test the $3,000 mark, followed by an expansion above $4,000.
Despite these projections, Qmo emphasized that the higher targets are not confirmed. He stated that Ethereum must first hold its current structure and exit the demand zone to validate the scenarios for further upside moves.
Qmo described a five-stage path and pointed to current levels as a decisive consolidation period for Ethereum, with the structure’s strength determining the likelihood of reaching higher price targets.
Additionally, Qmo noted that similar breakouts in Ethereum’s chart have previously triggered liquidity rotation toward other major altcoins. If Ethereum’s structure remains intact, such a rotation could set the stage for gains across the broader crypto market.
Liquidity clusters and impact of US crypto legislationMarket analyst Ted pointed out in a post on X that Ethereum faces significant liquidity pools both above and below its current price. This setup could enable rapid shifts in either direction, depending on upcoming events.
Ted highlighted the CLARITY Act, a legislative proposal in the US, as a central catalyst for Ethereum’s next move. According to Ted, if the CLARITY Act is approved, it may trigger a short squeeze, putting pressure on investors holding short positions. Conversely, if the bill fails, the price of ETH could drop to $1,500 as sellers regain control.
Mini dictionary: CLARITY Act: A proposed US bill designed to provide a clearer regulatory framework for digital assets and crypto tokens, aiming to enhance compliance and investor protection by defining how such assets are classified and regulated under US law.
Ted asserts that “the next move will be entirely dependent on the CLARITY Act,” with approval threatening short sellers and rejection potentially leading Ethereum toward $1,500.
Cycle analysis, key support levels, and long-term forecastsAnother analyst, Crypto Patel, referenced Ethereum’s four-year market cycles, comparing the current trend to rallies, corrections, and accumulation phases before the 2017 and 2021 peaks. According to his analysis, the primary support area lies between $1,000 and $1,350. Maintaining this range allows for a bullish outlook but does not guarantee an imminent rally.
Crypto Patel believes that, before aiming for new highs, Ethereum first needs to overcome resistance at around $3,945 and establish sustained support above its existing all-time high. He set $10,000 as a long-term target, projecting a potential cycle peak within $16,000 to $22,500 during 2026 or 2027, should historical patterns repeat.
AnalystShort-Term TargetKey SupportLong-Term ProjectionMain CatalystQmo$2,200–$4,000Demand zone (current consolidation)Further upside if structure holdsBreak of structure, rotation to altcoinsTed$2,200–$2,400 or $1,500 (downside)Based on liquidity poolsN/ACLARITY Act decisionCrypto PatelResistance at $3,945$1,000–$1,350$10,000 (cycle peak $16,000–$22,500 by 2026–2027)4-year cycle patternThese scenarios remain conditional on Ethereum’s price action and broader market triggers. Analysts continue to monitor technical levels and legislative developments as key indicators for Ethereum’s next significant move.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum is having its moment. While Bitcoin sits in a holding pattern around $65,500, ETH has quietly posted a 19.7% gain over the past month, nearly doubling Bitcoin’s 11.7% return over the same stretch. The largest altcoin is trading between $1,880 and $1,970 in late July, and for the first time in months, the conversation in crypto markets has shifted from “when does BTC break out” to “why is ETH outrunning everything.”
Bitcoin, for its part, has been oscillating in a tight band between $64,000 and $66,500, a far cry from the $72,500 to $74,000 highs it touched earlier in 2026. That pullback into the mid-$60K range has left traders in wait-and-see mode, scanning the horizon for macro catalysts that might break the stalemate.
Ethereum’s comeback from the depths To appreciate what’s happening with ETH right now, you need to rewind to mid-2026. The ETH/BTC ratio cratered to around 0.027 before bouncing meaningfully on the back of Ethereum’s recent outperformance.
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Several factors are driving the reversal. ETF flows into Ethereum-linked products have picked up noticeably, providing a steady bid underneath the price. Meanwhile, ETH staking participation has climbed to roughly 34%, which effectively removes a growing share of circulating supply from the tradeable float.
Bitcoin’s consolidation and the Fed factor After surging past $70K earlier this year, BTC retreated into the low $60,000s before stabilizing in its present $64,000 to $66,500 corridor. Market participants are closely watching for signals on interest rate policy from the Federal Reserve, and the anticipation has created a kind of gravitational pull that keeps Bitcoin range-bound.
Trading volumes have reflected this indecision, with activity steady but not spectacular — the kind of volume profile consistent with a market in consolidation awaiting macro catalysts.
What this means for investors The ETH versus BTC divergence creates an interesting decision point for portfolio positioning. Ethereum’s relative strength could signal the beginning of a broader altcoin rotation, a pattern that has historically followed periods of Bitcoin consolidation.
Ethereum’s setup is supported by rising ETF demand, increasing staking lockups near 34% reducing liquid supply, and a rebounding ETH/BTC ratio from lows of 0.027. If ETH can sustain its position near $1,900 and push above $2,000, it could attract additional institutional capital. A $65,500 entry into Bitcoin is roughly 10% below the 2026 highs of $72,500 to $74,000, though a hawkish Fed surprise could send BTC back toward the low $60,000s.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key Highlights BitMEX co-founder Arthur Hayes accumulated 1,290 ETH valued at $2.5 million through FalconX exchange Ethereum spot ETFs attracted $104M in cumulative net inflows across three consecutive weeks Ethereum has surged more than 20% after defending critical multi-year support near $1,580 Technical analysts forecast potential long-term price levels ranging from $10,000 to $20,000 using cycle-based models Immediate price resistance is positioned at $1,945, with $2,145 marking the subsequent critical level BitMEX co-founder Arthur Hayes executed a calculated entry into Ethereum this week, purchasing 1,290 ETH tokens for roughly $2.5 million via the FalconX trading platform. His transaction involved pre-depositing capital before executing the buy order, indicating a strategic accumulation approach rather than spontaneous market timing.
🚨ARTHUR HAYES ADDS ANOTHER $1.2M IN $ETH!
BitMEX co-founder Arthur Hayes bought 645 $ETH.
Since July 15 he has accumulated a total of 3,915 $ETH worth $7.47M at an average price of $1,909, according to Lookonchain data.
The position is currently down about $113K. pic.twitter.com/rD4bqin5r9
— Crypto Banter (@crypto_banter) July 26, 2026
Hayes has developed a reputation for establishing positions during periods of market ambiguity. This particular acquisition captured market attention because Ethereum remained beneath significant resistance zones during his entry, implying he identified present valuation levels as favorable for accumulation.
Trading platform analytics revealed positive spot netflows totaling $5.58 million, indicating more Ethereum moved onto centralized exchanges than exited to private wallets. Though this pattern could suggest certain holders positioning for potential sales, the magnitude remained relatively contained compared to larger outflow events recorded in previous months.
Derivatives Indicators Signal Strengthening Bullish Sentiment Futures market metrics reinforced the optimistic outlook. Open Interest climbed 2.2% to reach $11.97 billion, demonstrating fresh capital deployment in derivatives contracts. Funding Rates experienced a dramatic 3,092% surge within 24 hours to 0.003479, revealing that traders maintaining long positions were accepting higher costs to sustain their exposure.
Market analyst Ali Charts identified $1,580 as the optimal accumulation zone, noting that Ethereum has delivered over 20% gains since successfully defending that multi-year support foundation.
Spot Ethereum exchange-traded funds strengthened the bullish narrative, attracting $104 million in net capital during the July 20–24 period, extending a positive inflow streak to three consecutive weeks, as reported by Wu Blockchain.
Cycle-Based Analysis Points Toward $10K-$20K Price Zones Technical analyst Crypto Patel presented a bi-weekly chart overlay comparing Ethereum’s present market structure with historical cycles that culminated in 2017 and 2021. Each previous cycle featured an initial rally phase, followed by corrective consolidation, then accumulation before the subsequent expansion wave. His technical framework identifies $10,000 as a significant long-term milestone, with broader peak potential extending between $16,000 and $22,500.
Analyst Freedom By 40 released a monthly timeframe chart suggesting a possible $20,000 destination by 2028, derived from a projected 1,900% appreciation measured from the lower boundary of Ethereum’s existing trading range.
Both projection models require Ethereum to maintain support within the $1,000 to $1,350 corridor and ultimately surpass the prior all-time high established near $4,800.
Ethereum (ETH) Price Ethereum is presently changing hands around $1,864, with near-term support established at $1,830 and resistance positioned at $1,945. The subsequent major upside objective is located at $2,145.
BitMEX co-founder Arthur Hayes has accumulated 1,290 ETH, valued at approximately $2.5 million, through the FalconX platform in his latest move on the Ethereum market. Hayes deposited the funds before initiating the purchase, pointing to a deliberate acquisition strategy rather than impulsive trading.
Strategic Ethereum Entry by Arthur HayesArthur Hayes is widely known in the cryptocurrency industry as a co-founder of BitMEX, a major digital asset derivatives exchange. His trading moves often attract industry attention, particularly when undertaken during periods of market uncertainty.
This recent acquisition occurred while Ethereum traded below a significant resistance level, prompting speculation that Hayes considered current prices attractive for accumulation. Data from Lookonchain indicated that since July 15, he has amassed a total of 3,915 ETH at an average price of $1,909 per token, with the overall position currently showing a drawdown of about $113,000.
Crypto analytics platforms reported positive net flows of $5.58 million in ETH on centralized exchanges, suggesting investors may be preparing for potential market moves, but volumes remain smaller when compared to historic outflows.
Arthur Hayes is recognized for positioning himself in the market during uncertain periods, and his sizable Ethereum acquisition this week stands out as a bold accumulation while resistance levels continue to hold.
ETF Inflows and Derivatives Show Bullish SentimentOver the span of July 20–24, Ethereum spot exchange-traded funds attracted $104 million in net inflows, according to reports from Wu Blockchain. This marks the third consecutive week of positive capital movement into Ethereum-based ETFs, supporting mounting optimism among investors.
Meanwhile, derivatives data signals increasing market confidence. Ethereum futures open interest rose by 2.2% to reach $11.97 billion, reflecting the entry of new capital into leveraged positions. Funding rates for these contracts surged by 3,092% to 0.003479 in just 24 hours, indicating that traders are willing to pay a premium to remain in long positions.
Market analyst Ali Charts identified the $1,580 level as a long-term accumulation zone, citing Ethereum’s more than 20% gain since defending this key support area.
Ethereum futures open interest and spot ETF inflows both point to heightened bullish sentiment, with long positions incurring significantly higher costs as demand strengthens.
Long-Term Price Projections Range to $20,000Technical analysts are increasingly referencing historical cycle patterns to set long-term Ethereum price targets. Crypto Patel compared current market conditions with previous cycles, highlighting rally, correction, and accumulation phases that preceded significant expansions. His analysis places the next potential cycle peak between $10,000 and $22,500.
Another analyst, Freedom By 40, projected on a monthly chart that Ethereum could reach $20,000 by 2028 if a series of higher lows and breakouts continues.
Both models stress the need for Ethereum to maintain support within the $1,000–$1,350 band and eventually surpass the all-time high of approximately $4,800.
Mini dictionary: FalconX is a cryptocurrency trading and prime brokerage platform that serves institutional clients, offering access to spot and derivatives markets, as well as multi-venue liquidity.
IndicatorCurrent ValueNotesArthur Hayes ETH purchase1,290 ETH ($2.5M)Via FalconX, July 2026Total Hayes ETH since July 153,915 ETH ($7.47M)Avg. price $1,909ETH ETF inflows (Jul 20–24)$104 millionThree-week streakFutures Open Interest$11.97 billion+2.2% dailyFunding Rate0.003479+3,092% in 24hNear-term support$1,830Short-term technical levelImmediate resistance$1,945Next price barrierMajor upside target$2,145Medium-term objectiveLong-term projection$10,000–$22,500Cycle-based forecastCurrent Price Structure and Key LevelsAt present, Ethereum is trading close to $1,864. Technical charts place immediate support at $1,830, while the nearest resistance stands at $1,945. The next significant upward target is identified around $2,145 if bullish momentum persists.
Technical forecasts remain contingent on Ethereum preserving its support base and breaking above past highs as the broader market continues to monitor large-scale buying activity by institutional and high-profile investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
As the on-chain movements of large investors in the cryptocurrency market continue to be closely monitored, a major whale investor who had been accumulating Ethereum (ETH) and Wrapped Bitcoin (WBTC) throughout July made another noteworthy purchase.
According to data shared by the on-chain analytics platform Ai Yi, the investor in question withdrew 120 WBTC from a cryptocurrency exchange in the last two hours, further expanding their portfolio.
According to the data, approximately $7.8 million worth of WBTC was transferred from the exchange to a private wallet with this latest transaction. This move is seen as a continuation of the investor’s aggressive accumulation strategy throughout July.
According to the analysis, the whale investor has purchased a total of 59,404.19 ETH and 820 WBTC since the beginning of July. At current market prices, the total value of these assets has reached approximately $156 million. This figure stands out as one of the largest individual on-chain accumulations in recent weeks.
According to Ai Yi’s calculations, the average cost for an investor in Ethereum is $1,742, while the average cost for Wrapped Bitcoin is approximately $64,329. It is stated that, due to the recent price recovery in the cryptocurrency market, this portfolio has generated approximately $8.93 million in unrealized profit.
On-chain data shows that large investors withdrawing assets from centralized exchanges and transferring them to private wallets is generally associated with a long-term holding tendency. Therefore, the recent transfer is seen by some market participants as a positive development, indicating that institutional or high-net-worth investors are maintaining their confidence in Ethereum and Bitcoin.
However, experts emphasize that definitive conclusions about the overall market direction should not be drawn based on the movements of a single whale wallet. Large-scale transfers can occur for various reasons, such as portfolio rebalancing, changing custody solutions, or pursuing different investment strategies.
*This is not investment advice.
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