Hester Pierce has long been an advocate of regulatory sandboxes for crypto. However, Wormhole legal chief believes there are risks.

SEC’s Hester Peirce wants crypto sandbox: Wormhole legal chief has concerns

Stablecoin market capitalization declined by $36.95 million over the past 
week, reflecting a marginal 0.02% contraction. Weekly Stablecoin Market 
Shrinks by $36.95M The total market cap for stablecoins currently stands at 
$242.97 billion, according to data from defillama.com. Despite the small drop, 
the stablecoin sector remains resilient with major tokens like tether ( USDT) 
reinforcing […]

Stablecoin Sector Sees Marginal Weekly Decline as USDT Market Cap Nears $150B

The price performance of Ethereum has been one of the most disappointing 
features of 2025, with the altcoin closing the first four months of the year 
at a loss. However, the ETH price appears to be witnessing a strong 
resurgence, staging a significant return above the $2,600 level this weekend. 
Interestingly, a popular trader on the social media platform X has come 
forward with a positive case on the Ethereum price trajectory. According to 
the crypto pundit, ETH seems set to overtake Bitcoin, the world’s largest 
cryptocurrency by market capitalization, over the coming months. &#8216;ETH Starting 
To Feel Like ETH Again&#8217; &#8211; Trader In a recent post on X, pseudonymous crypto 
trader Axel Bitblaze took a deep dive into why they think the Ethereum price 
is currently in a strong position and could take the lead ahead of Bitcoin. 
The online pundit stated several reasons Ethereum could experience significant 
growth in the next few months. Related Reading: Crypto Analyst Says XRP Price 
Must Clear This Level Or Risk Crash To $1.9 Firstly, Bitblaze mentioned 
BlackRock’s reported purchase of 7,976 ETH (worth about $18.9 million) and 
push for staking exchange-traded funds. The crypto trader believes that the 
approval of ETF staking could introduce real, yield-generating institutional 
demand. Additionally, according to Bitblaze, ETH accumulation by whales is 
another narrative flying under the radar. On-chain data shows that whales have 
purchased 138,511 ETH (worth about $337 million) in the past 48 hours. This, 
combined with $434 million in short liquidations, has brought some momentum to 
the Ethereum price. Bitblaze noted that more liquidity seems to be flowing 
into the Ethereum token than Bitcoin, even though it might be exchange- 
specific, as ETH’s trading volume surpassed BTC’s volume for the first time in 
years. Furthermore, Bitblaze credited the Ethereum Pectra upgrade, which went 
live on May 7, as one of the deflationary factors behind ETH’s future 
potential. “In just a few days, ~38,000 ETH has been burned, increasing 
deflationary pressure,” the trader added. However, Bitblaze advised investors 
to exercise caution, as the market sentiment seems to be overheated at the 
moment. While the latest on-chain data points to a bullish environment, the 
Fear &amp; Greed Index is at extreme greed, which is often a precursor to minor 
price pullbacks. Ultimately, Bitblaze believes that stars are beginning to 
align for the Ethereum token again, and that the sun might shine on the 
altcoin again. If this happens, the trader believes that the ETH price could 
travel toward $2,800 or even $3,000 before seeing any major correction. 
Ethereum Price At A Glance As of this writing, the price of ETH sits at around 
$2,580, reflecting an over 10% increase in the past 24 hours. This single-day 
action underscores the altcoin’s impressive performance over the past week. 
According to data from CoinGecko, ETH is up by more than 40% in the last seven 
days. Related Reading: XRP Price To Rally To $6: Partially Completed Wave 5 
Says There’s Still Room To Run Featured image from iStock, chart from 
TradingView

Ethereum Surges Past $2,600: Popular Trader Says ETH Is Leaping Ahead Of Bitcoin

The NFT market continues its positive run with sales volume increasing by 
10.69% to $115 million. According to data from CryptoSlam, this is the second 
consecutive week of growth for the sector. Bitcoin (BTC) price has recovered 
to the $103,000…

NFT sales rise 10.6% to $115m, Doodles rally 500%

**Key takeaways** :
 * Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout.
 * Historical fractals and RSI recovery mirror past pre-rally setups seen in 2016 and 2020.
 * Altseason signals and strength against rivals like SOL and XRP boost Ethereum&#8217;s potential to outperform.
Ether (ETH), Ethereum&#8217;s native token, has soared over 44% in just three days 
to surpass $2,600 on May 11, fueling fresh speculation of a run toward $10,000 
in the coming months.
A mix of fractal setups as well as Ether&#8217;s potential to outperform its top- 
ranking rivals, Bitcoin (BTC), Solana (SOL), and XRP (XRP), are serving as 
some catalysts behind the five-figure price prediction.
## ETH&#8217;s &#8220;up band&#8221; target is around $10,000
Ether&#8217;s long-term price action continues to follow a parabolic curve that has 
defined its major market cycles since 2015.
As of May 2025, ETH has rebounded from the curve&#8217;s lower boundary near $2,100 
&#8212; a historically significant support zone that has previously triggered major 
rallies.
_ETH/USD monthly price chart. Source: TradingView_
If this parabolic trajectory holds, Ethereum&#8217;s next move could be toward the 
upper boundary of the curve, which currently intersects near the $10,000 
level.
Supporting this view, analyst MilkyBull Crypto highlights a similar setup on 
Ethereum&#8217;s monthly chart, noting that ETH&#8217;s rally to $10,000 &#8220;can&#8217;t be ruled 
out technically.&#8221;
_Source: MilkyBull Crypto_
Combined with RSI recovery from a multi-year support zone near 40, the setup 
adds further weight to the five-figure price target.
## ETH looks set to outperform top crypto rivals
The bullish outlook for Ethereum is gaining traction as analysts anticipate an 
altcoin season in the coming months.
Chartist Mister Crypto, for instance, argues that altcoins like ETH may rally 
40% in a single day amid capital rotation from Bitcoin.
_Source:__Mister Crypto_
The Altcoin Season Index, which has broken out of a downtrend just below the 
29 level, signals a potential shift away from Bitcoin dominance. While still 
in &#8220;Bitcoin Season&#8221; territory (below 25), the breakout suggests altcoins like 
ETH may soon begin to outperform.
Additionally, Ethereum&#8217;s top blockchain rival, Solana, is painting a rising 
wedge pattern against Ether, furthering its potential to decline in the coming 
weeks.
_**Related:**__**Solana lacks &#8216;convincing signs&#8217; of besting Ethereum: 
Sygnum**_
 _SOL/ETH weekly and XRP/ETH three-day performance chart. Source: 
Wolf/TradingView_
The same picture can be seen against XRP, suggesting that more capital may 
flow toward Ethereum from rival altcoins in the coming days or weeks.
## Ether symmetrical triangle hints at above $10,000
As of May, Ether is reclaiming the lower trendline of its multi-year 
symmetrical triangle after a brief breakdown in March, while bouncing off its 
200-2W exponential moving average (200-2W EMA; the blue wave) support.
ETH&#8217;s rebound confirms a bullish rejection, validating the ongoing 
consolidation structure.
_ETH/USD two-week price chart. Source: TradingView_
This setup closely resembles ETH&#8217;s past macro consolidations, namely the 2016 
bull flag and the 2018-2020 falling wedge, both of which preceded major 
breakouts to new all-time highs.
A breakout above the current triangle consolidation could follow a similar 
trajectory, increasing the probability of ETH reaching the $10,000 mark &#8212; and 
even $20,000 if the breakout pans out per the rules of technical analysis.
_ETH/USD weekly price chart. Source: TradingView_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Ethereum to $10K 'can't be ruled out' as ETH price makes sharp gains vs. SOL, XRP

Ether.fi, a top staking network on Ethereum, went on a short squeeze as its 
total locked value jumped to a record high. Ether.fi (ETHFI) price jumped to 
$1.1397 on Sunday, up by 215% from its lowest level this month. This…