Trump’s World Liberty Financial Buys Massive ETH, Can It Send ETH Price Higher?
Can Ethereum price surge after $3,450 break?
Ethereum (ETH) is consolidating just below $3,280 after failing to break the $3,500 resistance. With key resistance levels ahead, let's explore the latest trends, major institutional purchases, and Ethereum Foundation updates shaping ETH’s future.
Ethereum Price Action
Ethereum’s price recently attempted an upward move, climbing past $3,320, but struggled to maintain momentum. The price reached a high of $3,445, before correcting downward. After touching a low of $3,141, Ethereum is now consolidating between the $3,200 to $3,240 range.
Key Price Levels to Watch:
Immediate resistance: $3,300
Next key resistance: $3,380 (a critical level that could push ETH towards $3,450)
Strong breakout potential: Above $3,450, Ethereum could rise toward $3,500 or even $3,550 in the near term.
If Ethereum can break through these resistance levels, it may fuel a rally toward new highs, possibly retesting all-time highs of $4,878.
How much will ETH price be in 2050? Read detailed Ethereum Price Prediction 2050
Major Ethereum Purchases: A Bullish Sign?
Ethereum’s market strength is bolstered by strong institutional interest. Recently, World Liberty Financial (WLFI) made waves by purchasing 6,041 ETH, totaling $20 million in USDC, with an average purchase price of $3,311 per token. This is part of a larger buying spree, with WLFI spending over $48 million on ETH within 12 hours.
Why this matters:
Institutional backing is often seen as a sign of long-term bullish sentiment.
Large purchases like these indicate that big players believe in Ethereum’s future growth.
As the Ethereum network sees more of these significant investments, the probability of upward price movement increases.
Also Read: Filecoin Price Prediction 2025
Ethereum Foundation Updates: Restructuring for Growth
In addition to these market signals, Ethereum's future is being shaped by internal changes. Vitalik Buterin, the co-founder of Ethereum, recently announced leadership changes at the Ethereum Foundation (EF). This restructuring aims to make EF more technically capable and better connected with developers, wallet providers, and Layer 2 solutions.
What’s happening at Ethereum Foundation?
Decentralization: EF is focusing on decentralizing its operations and maintaining Ethereum’s neutrality.
Improved Communication: EF is committed to better communication with the community, addressing criticisms that its official channels lacked innovation.
Financial Management: The foundation has faced backlash for selling over 2,600 ETH during a bearish market. But with these new changes, there’s hope for better financial management moving forward.
These steps could help build more trust and confidence in the Ethereum ecosystem, driving long-term price growth.
Ethereum Price Predictions: What’s Next for ETH?
Looking forward, many experts are optimistic about Ethereum’s price in the coming years.
Ethereum Price Prediction for 2025: If Ethereum can continue its upward trajectory, the price could potentially reach $5,000 or higher by 2025. Increased institutional purchases, a more robust Ethereum ecosystem, and the implementation of Ethereum 2.0 could all contribute to this growth.
Ethereum Price Prediction for 2030: Looking much further ahead, Ethereum could see prices surpass $10,000 by 2030, driven by continued adoption of decentralized applications (dApps) and Layer 2 solutions. As the Ethereum network grows in utility, it’s likely to see broader mainstream adoption, pushing ETH prices higher.
ETH All-Time High: Ethereum’s all-time high remains $4,878. If Ethereum maintains its momentum, it could potentially retest or surpass this level in the future, especially if ETH continues to be adopted for enterprise solutions and decentralized finance (DeFi).