#Ethereum Surges 5% – Is a $2,000 Breakout Next?
🔥 $ETH Price: $1,625.12 (+5.04% in 24h)
💰 Market Cap: $196.13B (+4.98%)
📈 24h Volume: $12.32B (+7.50%)
🚀 Ethereum Eyes $2,000 as Stablecoin Activity Hits $1.18T (ATH!)
Ethereum’s stablecoin transfers have surpassed $1.18 trillion, doubling since October 2024. This massive growth highlights ETH’s dominance in DeFi, with over $123B in stablecoins now circulating on the network.
Why This Matters:
✅ Layer 2 Scaling Works: Transactions now cost under $0.01 (cheaper than Solana!)
✅ Exchange Reserves Drying Up: Only 13% of ETH remains on exchanges (down from 24% in 2022)
✅ Pectra Upgrade Coming: Set for May 7, 2025, bringing more scalability and efficiency
Price Predictions:
📊 Short-term: $2,000 breakout likely
🎯 Long-term: $5,000 by mid-2025
Bottom Line:
Ethereum’s fundamentals are stronger than ever—rising adoption, shrinking supply, and major upgrades ahead. Is this the start of a new bull run?
🔍 Watch the $1,600–$1,700 zone closely
