"Ethereum surges 50% in two weeks…Forecast to reach up to $9,000 in early 2026"

Source
Suehyeon Lee

Summary

  • "Ethereum (ETH) has surged 50% in the past two weeks, and forecasts have been raised that it could reach up to $9,000 in early 2026."
  • "On-chain data indicates that 28% of the total supply has been staked, and exchange reserves have hit their lowest point since 2016."
  • "Despite repeated block gas limit expansions, the Ethereum network remains saturated, indicating persistent demand."

There is a projection that Ethereum (ETH) could reach as high as $9,000 in early 2026.

On the 26th (local time), Cointelegraph reported, "With Ethereum having surged 50% over the past two weeks and maintaining strong upward momentum, there are forecasts that it could reach up to $9,000 in early 2026."

According to the outlet, current on-chain indicators are also supporting the bullish trend. 28% of the total supply of Ethereum has been staked, and exchange reserves have reached their lowest point since 2016. In addition, an influx of new buyers is accelerating.

Network usage is also noteworthy. Despite multiple recent expansions of the block gas limit, the Ethereum network remains saturated. This indicates persistent demand.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?