Ethereum Price Skyrockets 12.11% This Week to $1,803: Investors Eyeing 5K Target?

Cryptocurrency Ethereum
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Crypto Writer
Crypto Writer
Arslan Butt
About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Ethereum (ETH) traded bullish this week with a 12.11% gain, trading at $1,803, while daily volumes exceeded $17.3 billion. Earlier this week, long-term holders snapped up 449,000 ETH, marking the largest single-day inflow into accumulation addresses since 2018.

With prices averaging $1,750 on that day, the move reflects growing investor confidence despite underwater positions—these addresses hold ETH at a realized price of $1,981, still above current market levels.

This shift is notable. For years, Ethereum’s realized price had trailed market price, but that flipped recently, highlighting evolving market sentiment and signaling a deeper belief in ETH’s long-term potential.

According to CryptoQuant, the April 22 inflow marked the most significant single-day accumulation in Ethereum’s history.
  • Market Cap: $218.1B
  • Circulating Supply: 120.7M ETH

These numbers cement ETH’s position as the second-largest crypto asset, with accumulation trends reinforcing its “digital oil” narrative among institutions and whales.

Ethereum Onchain Activity Rises, but DeFi Lags Behind

Ethereum’s onchain indicators point to growing engagement with active addresses rising by 10%, climbing from 306,211 to 336,366.

This uptick, combined with rising prices, shows that both retail and institutional users are becoming more active—even as broader risk sentiment remains cautious.

However, Ethereum’s decentralized finance (DeFi) footprint tells a more muted story. According to DefiLlama, weekly DEX volumes remain stagnant, holding at about 1.3 million transactions.

While Ethereum’s base layer remains highly active, the DeFi segment hasn’t regained the momentum it saw during prior bull runs.

Until DeFi usage rebounds, Ethereum’s upside may continue to depend on broader macro catalysts and layer-2 adoption.

Ethereum (ETH) Chart Eyes $1,888 Breakout: What’s Next?

From a technical lens, ETH is holding above the 50 EMA ($1,755) and remains inside a well-respected rising channel. ETH currently trades at $1,811, just shy of resistance at $1,888.

MACD momentum is flattening—indicating potential consolidation—but the bias remains bullish as long as price respects channel support.

For traders, the next few sessions offer two potential setups:

Trade Setup:

  • Buy breakout: Above $1,888
  • Upside targets: $1,959 and $2,035
  • Support to watch: $1,755 (50 EMA)
  • Stop-loss: Below $1,755

Bottom Line

ETH’s underlying fundamentals—accelerating accumulation, healthy address growth, and solid technical support—offer a cautiously optimistic backdrop.

Clearing $1,888 with volume may set the stage for a larger move. But without confirmation, ETH could remain stuck in its current range, leaving the path to $5,000 still uncertain.

BTC Bull Token Nears $5M Mark as 83% Yield Drives Staking Momentum

Investor participation in BTC Bull Token ($BTCBULL) continues to accelerate, with the Ethereum-based project approaching a key funding milestone. As of Friday, the presale has raised over $5million. The token is currently priced at $0.00248, giving prospective buyers a narrow window to enter before the next price adjustment.

Yield-Driven Utility Meets Flexible Access

What differentiates BTCBULL from typical meme assets is its utility-focused design. The project offers a staking mechanism that delivers a projected 83% annual yield, alongside Bitcoin-based distribution rewards. Importantly, stakers can access their tokens at any time—no fixed lockups or withdrawal delays.

Latest Staking Stats:

  • Total Tokens Staked: 1,268,011,229 BTCBULL
  • Annual Yield: 83% APY
  • Unstaking: Anytime access

This structure appeals to both passive income seekers and users looking to capitalize on potential token appreciation—without sacrificing liquidity.

This image has an empty alt attribute; its file name is image-63-1024x442.jpg

Presale Snapshot and Market Positioning

The presale is entering its final stretch before the token price increases. With less than $754,000 remaining until the next tier, current buyers are securing positions ahead of anticipated upward repricing.

Presale Metrics (as of today):

  • Token Price: $0.00248
  • USDT Raised: $5M out of $5.74M target

BTCBULL blends yield-generation with upside exposure, offering a unique entry point for those navigating the evolving meme token landscape. As the funding target nears completion, the next pricing phase may arrive sooner than expected.

Logo

Why Trust Cryptonews

2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors
editors
+ 66 More

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,629,329,010,521
5.73
Trending Crypto

More Articles

Finance News
XRP Ledger Welcomes First MiCA-Compliant EURØP and Brazil’s USDB Stablecoins
Hassan Shittu
Hassan Shittu
2025-05-22 22:32:10
Press Releases
Layer-2 Arms Race Heats Up, but Only One Is Built for Solana’s Traffic Surge – Solaxy Hits $39 Million With 25 Days Left in Presale
2025-05-22 21:56:16
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors