Ethereum is soaring, up 35% this week. At this pace, ETH crypto could break and close above $3,000. The Ethereum Foundation also announced the Trillion Dollar Security initiative, with BTCS also doubling down.
None of the top 20 cryptos rivals how Ethereum has been marching higher. ETH has surged over 35% this week, outpacing even the best Solana meme coins like TRUMP and WIF.
Surging ETH prices have also boosted ecosystem tokens, with PEPE adding over 50% in one week, cementing its spot as the second most valuable meme coin. Uniswap, AAVE, and ENA are also holding strong, emerging as some of the best cryptos to consider in Q2 2025.
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Will ETH Crypto Break $3,000?
Technically, ETH is well-positioned to extend gains and even outperform Bitcoin in the short to medium term, especially if it closes above $3,000.
The ETHUSDT candlestick chart shows a breakout formation. Despite a slight slowdown yesterday, the uptrend remains intact as long as $2,400 holds.
(ETHUSDT)
If prices breach $2,800 by the close of today, ETH has a high probability of reaching $3,000. The next targets would be the 2024 high of $4,100 and, later, the 2021 peak of $4,900.
Data from Sentora reveals that over $1.2 billion worth of ETH was withdrawn from centralized exchanges last week.
$1.2 billion worth of ETH has been withdrawn from centralized exchanges in the past 7 days.
This sustained trend of net outflows, intensifying since early May, signals continued accumulation and reduced sell-side pressure. pic.twitter.com/fMYJmPOnB0
— Sentora (previously IntoTheBlock) (@SentoraHQ) May 14, 2025
Withdrawals have accelerated since early May 2025, signaling that owners are HODLing or engaging in DeFi activities, a bullish sign for ETH.
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Ethereum Foundation Announces Trillion Dollar Security Initiative
The Ethereum Foundation recently announced the “Trillion Dollar Security” (1TS) project, to be executed in three phases.
This initiative aims to fortify Ethereum, making it a secure and robust layer for global financial use.
0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.
— Ethereum Foundation (@ethereumfndn) May 14, 2025
The goal is to ensure Ethereum can handle demand from billions of users, each confidently storing at least $1,000 onchain, while smart contracts manage over $1 trillion in value.
This project responds to moves by BlackRock and other institutions leveraging Ethereum for tokenization and driving DeFi growth.
Currently, the Ethereum DeFi ecosystem commands over $61 billion in total value locked (TVL). It is projected to expand, especially if laws in the United States promoting tokenization, looking at stablecoin regulation priorities, are fast-tracked.
(Source)
BTCS Follows Strategy and Builds an ETH Plan
BTCS, a U.S.-based blockchain firm, is capitalizing on Ethereum’s momentum.
Yesterday, the company announced it will issue up to $57.8 million in convertible notes, led by ATW Partners. Proceeds will expand their Ethereum validator node operations, increasing ETH exposure while earning staking yields.
Charles Allen, CEO of BTCS, said:
“Similar to how MicroStrategy leveraged its balance sheet to accumulate Bitcoin, we are executing a disciplined strategy to increase our Ethereum exposure and drive recurring revenue through staking and our block building operations—while positioning BTCS for meaningful appreciation should ETH continue to rise in value.”
This move aligns with broader institutional trends.
According to SosoValue, institutions purchased over $63 million in the last 24 hours, pushing cumulative net inflows to $2.53 billion.
(Source)
Spot Ethereum ETFs in the U.S. now control nearly 3% of ETH in circulation.
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Ethereum Price Up 35%: Will ETH Crypto Break $3,000?
- Ethereum rallying, nears $3,000 as ETH crypto adds 35% in one week
- Ethereum Foundation announces the Trillion Dollar Security initiative to strengthen the network
- BTCS raising funds to expand Ethereum validator operations
- Institutions accumulating more ETH as prices tick higher
The post Ethereum Making Major Moves: Is $3,000 Next for ETH Crypto? appeared first on 99Bitcoins.
