• bitcoinBitcoin (BTC) $ 96,597.00
  • ethereumEthereum (ETH) $ 2,667.55
  • xrpXRP (XRP) $ 2.57
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 662.17
  • solanaSolana (SOL) $ 194.34
  • usd-coinUSDC (USDC) $ 0.999898
  • dogecoinDogecoin (DOGE) $ 0.261535
  • cardanoCardano (ADA) $ 0.804848
  • staked-etherLido Staked Ether (STETH) $ 2,667.78
  • tronTRON (TRX) $ 0.233904
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,382.00
  • chainlinkChainlink (LINK) $ 18.48
  • suiSui (SUI) $ 3.45
  • wrapped-stethWrapped stETH (WSTETH) $ 3,189.27
  • avalanche-2Avalanche (AVAX) $ 25.36
  • stellarStellar (XLM) $ 0.338380
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • litecoinLitecoin (LTC) $ 126.19
  • the-open-networkToncoin (TON) $ 3.71
  • leo-tokenLEO Token (LEO) $ 9.76
  • hyperliquidHyperliquid (HYPE) $ 26.37
  • usdsUSDS (USDS) $ 0.999615
  • hedera-hashgraphHedera (HBAR) $ 0.224708
  • wethWETH (WETH) $ 2,667.89
  • polkadotPolkadot (DOT) $ 5.11
  • bitcoin-cashBitcoin Cash (BCH) $ 334.96
  • bitget-tokenBitget Token (BGB) $ 5.49
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • uniswapUniswap (UNI) $ 9.85
  • mantra-daoMANTRA (OM) $ 5.81
  • wrapped-eethWrapped eETH (WEETH) $ 2,828.86
  • ondo-financeOndo (ONDO) $ 1.32
  • moneroMonero (XMR) $ 224.91
  • pepePepe (PEPE) $ 0.000010
  • nearNEAR Protocol (NEAR) $ 3.35
  • whitebitWhiteBIT Coin (WBT) $ 27.12
  • aaveAave (AAVE) $ 254.71
  • aptosAptos (APT) $ 6.13
  • daiDai (DAI) $ 1.00
  • mantleMantle (MNT) $ 1.04
  • internet-computerInternet Computer (ICP) $ 7.12
  • susdssUSDS (SUSDS) $ 1.04
  • official-trumpOfficial Trump (TRUMP) $ 16.22
  • bittensorBittensor (TAO) $ 381.75
  • ethereum-classicEthereum Classic (ETC) $ 21.10
  • okbOKB (OKB) $ 51.36
  • gatechain-tokenGate (GT) $ 22.92
  • vechainVeChain (VET) $ 0.034404
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.316373
  • kaspaKaspa (KAS) $ 0.101655
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,467.00
  • crypto-com-chainCronos (CRO) $ 0.090840
  • algorandAlgorand (ALGO) $ 0.293182
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.41
  • render-tokenRender (RENDER) $ 4.51
  • jupiter-exchange-solanaJupiter (JUP) $ 0.860941
  • cosmosCosmos Hub (ATOM) $ 4.98
  • filecoinFilecoin (FIL) $ 3.39
  • arbitrumArbitrum (ARB) $ 0.485048
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999071
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.773615
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,334.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.531197
  • fasttokenFasttoken (FTN) $ 3.94
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,689.99
  • celestiaCelestia (TIA) $ 3.04
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,773.44
  • binance-staked-solBinance Staked SOL (BNSOL) $ 200.80
  • optimismOptimism (OP) $ 1.12
  • lido-daoLido DAO (LDO) $ 1.68
  • raydiumRaydium (RAY) $ 5.19
  • kucoin-sharesKuCoin (KCS) $ 12.15
  • injective-protocolInjective (INJ) $ 15.10
  • xdce-crowd-saleXDC Network (XDC) $ 0.094123
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,424.00
  • blockstackStacks (STX) $ 0.952056
  • ethenaEthena (ENA) $ 0.448568
  • immutable-xImmutable (IMX) $ 0.799236
  • theta-tokenTheta Network (THETA) $ 1.37
  • bonkBonk (BONK) $ 0.000018
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,995.12
  • the-graphThe Graph (GRT) $ 0.139835
  • nexoNEXO (NEXO) $ 1.32
  • movementMovement (MOVE) $ 0.544886
  • flare-networksFlare (FLR) $ 0.021454
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,818.40
  • worldcoin-wldWorldcoin (WLD) $ 1.22
  • usual-usdUsual USD (USD0) $ 0.997370
  • jasmycoinJasmyCoin (JASMY) $ 0.022000
  • sei-networkSei (SEI) $ 0.233135
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,708.00
  • dexeDeXe (DEXE) $ 17.79
  • galaGALA (GALA) $ 0.023166
  • eosEOS (EOS) $ 0.644135
  • msolMarinade Staked SOL (MSOL) $ 245.65
  • the-sandboxThe Sandbox (SAND) $ 0.393609
  • flokiFLOKI (FLOKI) $ 0.000096
  • tezosTezos (XTZ) $ 0.896152
  • jito-governance-tokenJito (JTO) $ 3.03
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.52
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,764.23
  • iotaIOTA (IOTA) $ 0.236539
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • makerMaker (MKR) $ 987.65
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.27
  • wbnbWrapped BNB (WBNB) $ 668.51
  • ultimaUltima (ULTIMA) $ 19,251.14
  • flowFlow (FLOW) $ 0.522818
  • neoNEO (NEO) $ 11.40
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 210.84
  • bitcoin-svBitcoin SV (BSV) $ 39.60
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,354.00
  • kaiaKaia (KAIA) $ 0.131047
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.63
  • roninRonin (RON) $ 1.22
  • chain-2Onyxcoin (XCN) $ 0.022861
  • pyth-networkPyth Network (PYTH) $ 0.204160
  • usddUSDD (USDD) $ 0.999976
  • tether-goldTether Gold (XAUT) $ 2,927.44
  • axie-infinityAxie Infinity (AXS) $ 4.37
  • heliumHelium (HNT) $ 3.87
  • spx6900SPX6900 (SPX) $ 0.734072
  • telcoinTelcoin (TEL) $ 0.008793
  • curve-dao-tokenCurve DAO (CRV) $ 0.526051
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.263788
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,816.67
  • elrond-erd-2MultiversX (EGLD) $ 23.06
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010172
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,668.11
  • fraxFrax (FRAX) $ 0.995964
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.996233
  • paypal-usdPayPal USD (PYUSD) $ 0.999864
  • aerodrome-financeAerodrome Finance (AERO) $ 0.800073
  • decentralandDecentraland (MANA) $ 0.329459
  • pax-goldPAX Gold (PAXG) $ 2,946.03
  • starknetStarknet (STRK) $ 0.233585
  • beam-2Beam (BEAM) $ 0.011312
  • berachain-beraBerachain (BERA) $ 5.54
  • arweaveArweave (AR) $ 9.03
  • dogwifcoindogwifhat (WIF) $ 0.587105
  • conflux-tokenConflux (CFX) $ 0.117812
  • chilizChiliz (CHZ) $ 0.060922
  • dydx-chaindYdX (DYDX) $ 0.778775
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,663.98
  • matic-networkPolygon (MATIC) $ 0.316492
  • resolv-usrResolv USR (USR) $ 1.00
  • pumpbtcpumpBTC (PUMPBTC) $ 93,641.00
  • pendlePendle (PENDLE) $ 3.37
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,667.62
  • meowMEOW (MEOW) $ 0.006012
  • apecoinApeCoin (APE) $ 0.732461
  • insurance-2INSURANCE (INSURANCE) $ 28.17
  • ecasheCash (XEC) $ 0.000027
  • beldexBeldex (BDX) $ 0.075199
  • kavaKava (KAVA) $ 0.477025
  • zcashZcash (ZEC) $ 32.64
  • wormholeWormhole (W) $ 0.178946
  • thorchainTHORChain (RUNE) $ 1.45
  • coredaoorgCore (CORE) $ 0.535192
  • aioz-networkAIOZ Network (AIOZ) $ 0.434350
  • compound-governance-tokenCompound (COMP) $ 56.04
  • ai16zai16z (AI16Z) $ 0.452315
  • true-usdTrueUSD (TUSD) $ 0.997259
  • story-2Story (IP) $ 1.96
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,697.00
  • amp-tokenAmp (AMP) $ 0.005802
  • clbtcclBTC (CLBTC) $ 96,848.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008694
  • newton-projectAB DAO (AB) $ 0.010799
  • fartcoinFartcoin (FARTCOIN) $ 0.475520
  • akash-networkAkash Network (AKT) $ 1.90
  • morphoMorpho (MORPHO) $ 2.03
  • gnosisGnosis (GNO) $ 173.76
  • tbtctBTC (TBTC) $ 96,157.00
  • apenftAPENFT (NFT) $ 0.00000044
  • chex-tokenCHEX Token (CHEX) $ 0.439368
  • quantixaiQuantixAI (QAI) $ 84.49
  • mina-protocolMina Protocol (MINA) $ 0.354708
  • axelarAxelar (AXL) $ 0.470092
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,644.30
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000078
  • based-brettBrett (BRETT) $ 0.042698
  • olympusOlympus (OHM) $ 25.80
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999914
  • eigenlayerEigenlayer (EIGEN) $ 1.70
  • usdbUSDB (USDB) $ 1.02
  • deepDeepBook (DEEP) $ 0.162800
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • super-oethSuper OETH (SUPEROETHB) $ 2,667.26
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,907.99
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.960868
  • zksyncZKsync (ZK) $ 0.107261
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,669.55
  • verus-coinVerus (VRSC) $ 4.91
  • 1inch1inch (1INCH) $ 0.273777
  • grassGrass (GRASS) $ 1.57
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • echelon-primeEchelon Prime (PRIME) $ 6.87

3 catalysts that could push Ethereum price to $5,000

3 catalysts that could push Ethereum price to $5,000

Ethereum price has underperformed Bitcoin and other popular coins like Ripple and Solana this year.

Ethereum (ETH) was trading at $3,400, down by nearly 20% from its highest level in December last year. This decline coincided with controversies surrounding the Ethereum Foundation and its token sales.

ETH has also dropped as balances on exchanges have continued to rise, while the popular buy-sell ratio on Binance has remained bearish. Still, Ethereum has several catalysts that may push it to $5,000.

Ethereum Pectra upgrade

The first major catalyst for Ethereum’s price is the upcoming Pectra upgrade, which is expected to occur in March. This will be one of the biggest upgrades in Ethereum’s history, introducing several crucial features.

The first feature will bring features like transaction bundling and gas sponsorship. It will also introduce the maximum effective balance, meaning that staking rewards will be added to a validator no matter their size.

Additionally, the Pectra upgrade will increase blob throughput, adjust calldata costs, and enable execution layer triggerable exits. Historically, cryptocurrencies often see price increases ahead of major updates.

4/ EIP-7691: Blob throughput increase

Blobs have been at capacity for many months now which has limited scalability for rollups/layer 2’s and increased tx fees for users.

With EIP-7691, the blob count will be increased from 3/6 to 6/9, giving increased scalability to rollups…

— sassal.eth/acc 🦇🔊 (@sassal0x) January 24, 2025

You might also like: Ethereum’s Pectra Devnet5 goes live, Mainnet launch expected in March 2025

ETH’s open interest is rising

Meanwhile, Ethereum’s open interest in the futures market has been rising, suggesting a potential price surge in the coming weeks. The chart below shows a divergence between Ethereum’s price and its open interest. While Ether has dropped nearly 20% from its highest level in November, open interest has continued to climb.

3 catalysts that could push Ethereum price to $5,000

ETH open interest | Source: CryptoQuant

Ethereum price has strong technicals

3 catalysts that could push Ethereum price to $5,000

ETH price chart | Source: crypto.news

The daily chart shows that Ethereum’s price has strong technical indicators, which could push it significantly higher in the longer term. ETH has formed a falling wedge chart pattern, composed of two descending and converging lines, which is widely considered a bullish signal.

Ethereum has also formed an inverse head-and-shoulders pattern, with its neckline at $4,082. The left and right shoulders are around the $3,000 level. This pattern frequently precedes substantial price gains.

Furthermore, the recent retreat aligns with the fourth phase of the Elliott Wave pattern. This phase is typically followed by a bullish fifth wave.

As a result, Ethereum is likely to experience a bullish breakout, with the initial key level to watch at $4,082. A break above this level could lead to further gains, potentially testing the key resistance at $4,800, its all-time high. Beyond this, ETH could surge toward $5,000.

You might also like: Ethereum price is trapped, but leverage ratio points to a rebound

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