Ethereum ($ETH) Crypto Forecast: Up 5.8% Today

What is Ethereum?

Ethereum (ETH) is a popular cryptocurrency token known for its smart contract functionality and decentralized applications. The overall cryptocurrency market has been experiencing bullish momentum recently.

Why is Ethereum going up?

ETH crypto is up 5.8% on Apr 23, 2025 21:01

• ETH experienced a significant increase in value today, possibly due to positive developments within the Ethereum ecosystem.
• The recent update on Ethereum Layer 2 Scroll achieving 'Stage 1' decentralization may have bolstered investor trust in ETH's scalability solutions.
• Reports of large investors becoming more active following Ethereum's recovery suggest growing interest from whales, potentially impacting ETH's price.
• In summary, the accumulation of encouraging developments in the Ethereum community and the prevailing bullish sentiment in the cryptocurrency market likely contributed to ETH's upward movement today.

ETH Price Chart

ETH Technical Analysis

ETH News

The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

https://www.coindesk.com/tech/2025/04/23/the-protocol-will-eth-developers-swap-out-the-evm-for-risc-v

Ethereum Layer 2 Scroll Claims to Achieve ‘Stage 1’ Decentralization

Ethereum Layer 2 Scroll Claims to Achieve ‘Stage 1’ Decentralization

https://thedefiant.io/news/blockchains/ethereum-layer-2-scroll-claims-to-achieve-stage-1-decentralization

Bitcoin, Ethereum, XRP, Dogecoin See Thundering Surge — Trader Eyes $90,000 BTC As 'Nice Entry'

Bitcoin, Ethereum, XRP, Dogecoin See Thundering Surge — Trader Eyes $90,000 BTC As 'Nice Entry'

https://www.benzinga.com/markets/cryptocurrency/25/04/44963262/bitcoin-ethereum-xrp-dogecoin-see-thundering-surge-trader-eyes-90000-btc-as-nice-entry?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

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https://coinpedia.org/price-analysis/should-you-buy-more-trump-to-have-dinner-with-president-trump-will-the-trump-price-sustain-above-the-gains/

Whales Turn Active After Ethereum’s Strong Recovery: What’s Next for ETH Price?

Whales Turn Active After Ethereum’s Strong Recovery: What’s Next for ETH Price?

https://coinpedia.org/price-analysis/whales-turn-active-after-ethereums-strong-recovery-whats-next-for-eth-price/

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Ethereum Price History

23.03.2025 - ETH Crypto was up 5.8%

• ETH experienced a significant increase in value today, possibly due to positive developments within the Ethereum ecosystem.
• The recent update on Ethereum Layer 2 Scroll achieving 'Stage 1' decentralization may have bolstered investor trust in ETH's scalability solutions.
• Reports of large investors becoming more active following Ethereum's recovery suggest growing interest from whales, potentially impacting ETH's price.
• In summary, the accumulation of encouraging developments in the Ethereum community and the prevailing bullish sentiment in the cryptocurrency market likely contributed to ETH's upward movement today.

23.03.2025 - ETH Crypto was up 10.5%

• ETH witnessed a bullish surge, likely influenced by optimistic market sentiment.
• Indications show strength in altcoins like Cardano (ADA), signaling a wider upward trend.
• Decreasing Bitcoin dominance may prompt investors to explore other cryptocurrencies, including ETH, lifting its value.
• Speculation on Solana potentially surpassing Ethereum significantly may be prompting investors to reconsider their strategies, fueling ETH's positive momentum.

23.03.2025 - ETH Crypto was up 10.5%

• The return of the Ethereum Hackathon and Conference in Ireland for the third edition may have sparked renewed interest and enthusiasm in the Ethereum community, contributing to the bullish movement.
• Traders speculating on Ethereum’s potential price reaching $2,000 may have fueled positive sentiment and buying activity, pushing the price higher.
• Analysis suggesting ETH is breaking free from bearish patterns could have instilled confidence in investors, attracting more buyers to the market.
• The increase in retail interest in Bitcoin and Ethereum, as indicated by Google search volumes, may have led to heightened demand for ETH, driving its price up amidst a broader crypto market rally.

23.03.2025 - ETH Crypto was up 10.9%

• The surge in retail interest in Bitcoin and Ethereum, as indicated by the spike in Google search volumes, could have contributed to the bullish movement of ETH.
• The overall positive sentiment in the cryptocurrency market, with other tokens like XRP, Solana, and Dogecoin also surging, might have created a bullish momentum for Ethereum.
• The strengthening of reserve backing by MEXC with a significant asset increase could have instilled confidence in the cryptocurrency market, including Ethereum.
• The weakening Bitcoin dominance and the anticipation of top altcoins surging may have led investors to diversify their portfolios, leading to increased demand for Ethereum and contributing to its bullish movement.

23.03.2025 - ETH Crypto was up 5.5%

• Integration of the 'Might & Magic' game on Ethereum's blockchain could have increased interest and utility for ETH, contributing to its bullish movement.
• The launch of Scroll's 'Euclid' upgrade to reduce Ethereum layer 2 fees may have attracted more users and transactions to the network, boosting ETH's price.
• The acquisition of $3M worth of ETH during the rally indicates growing investor confidence and optimism in Ethereum's future potential.
• Despite concerns raised by institutions about Ethereum's usage and proposed changes, the positive developments and price rally suggest that market sentiment remains strong for ETH in the short term.

23.03.2025 - ETH Crypto was up 5.7%

• The bullish movement in ETH can be attributed to the increased activity of whales in the market, indicating strong investor interest and potential accumulation.
• The general positive sentiment in the crypto market today might have also contributed to the upward movement of ETH, as investors are feeling optimistic about the overall market conditions.
• Criticism of Ethereum's centralization and Vitalik Buterin might have caused some minor fluctuations in ETH's price, but the overall bullish trend seems to have overshadowed this news.
• The introduction of PayPal's 3.7% interest on its PYUSD stablecoin might have indirectly influenced the broader crypto market sentiment, including the positive movement in ETH.

23.03.2025 - ETH Crypto was up 8.5%

• ETH experienced a strong bullish movement, likely driven by positive market sentiment and increased interest in cryptocurrencies.
• Events such as Ireland's Ethereum Hackathon and Conference, along with discussions on ETH's potential rise to $2,000, possibly influenced the bullish trend.
• The cryptocurrency market's overall positive trajectory, with XRP and Bitcoin also displaying gains, may have supported ETH's price surge.
• The upgrade of Scroll's Euclid to 'Stage 1' decentralization era could have further boosted the positive sentiment in the cryptocurrency space, benefiting tokens like ETH.

23.03.2025 - ETH Crypto was up 6.0%

• Ethereum's bullish movement today can be attributed to the positive sentiment in the cryptocurrency market as a whole.
• The comparison between Ethereum and gold may have sparked interest in Ethereum as a potential alternative investment.
• Trader Peter Brandt's assertion about Solana gaining on Ethereum could have led investors to reevaluate their positions and potentially shift towards Ethereum.
• The news of significant net inflows into Ethereum ETFs indicates growing institutional interest in the cryptocurrency, boosting its price further.

23.03.2025 - ETH Crypto was up 5.5%

• Introduction of 3.7% interest on its PYUSD stablecoin by PayPal may have boosted confidence in the overall cryptocurrency market, including Ethereum.
• Criticism of Ethereum's centralization and Vitalik Buterin by PlanB might have caused some temporary skepticism, but it seems that the market shrugged off these concerns and focused on the positive developments.
• Comparison between Ethereum and Gold in the market battle could have highlighted Ethereum's potential as a store of value and a hedge against inflation, attracting more investors to the token.
• Assertion of having room to gain on Ethereum by Solana might have sparked some competitive spirit in the market, driving up interest and investment in Ethereum as traders seek to capitalize on its growth potential.

23.03.2025 - ETH Crypto was up 7.5%

• The bullish movement in ETH can be attributed to significant inflows into Bitcoin ETFs, reflecting a growing interest in the overall cryptocurrency market.
• The decision of Galaxy Digital to unload Ethereum and accumulate Solana may have influenced market sentiment, leading to a shift in investment towards other cryptocurrencies.
• The positive performance of XRP, with an 8% increase, could have had a spillover effect in the cryptocurrency market, boosting confidence and driving up prices.
• The surge in Bitcoin ETF inflows, reaching levels not seen since Trump's inauguration, indicates a renewed enthusiasm among investors for digital assets, benefiting cryptocurrencies like Ethereum.

23.03.2025 - ETH Crypto was up 10.1%

• Ethereum's price surge could be attributed to the Ethereum Foundation's announcement of focusing on ETH scaling and improving user experience, instilling confidence in investors.
• Speculation around Ethereum potentially revisiting $2,000 before Bitcoin hits $100K might have fueled increased interest and buying pressure on ETH.
• The comparison between Ethereum and Bitcoin in terms of programmability and DeFi potential could have highlighted Ethereum's current advantages, attracting more investors to the token.
• The surge in Bitcoin futures open interest, signaling investor confidence in the overall market and macroeconomic factors, likely spilled over to benefit Ethereum as well.

23.03.2025 - ETH Crypto was up 10.4%

• Ethereum surged 15% in a day and reclaimed $1,800, outperforming other cryptocurrencies like Bitcoin and Cardano.
• The market movement could be attributed to positive sentiment surrounding Ethereum's potential for decentralized finance (DeFi) and its ability to host NFTs.
• The news of a platform planning to list Ethereum-based NFTs in 2025 might have contributed to the bullish momentum, signaling future growth opportunities for Ethereum in the digital art trading sector.
• The comparison between Ethereum and Bitcoin in terms of programmability for DeFi purposes could have also sparked investor interest in Ethereum, leading to its strong bullish movement.