Ethereum Gained 35% This Week, Beating Bitcoin’s Investment Potential

By: fxleaders|2025/05/16 01:00:11
0
Share
copy
Over the last week, Ethereum (ETH) climbed 35%, one of its biggest gains in a while, and it has outperformed Bitcoin (BTC) as a result, as that leading coin has only gained 2.48% in the last week. Ethereum’s momentum has slowed, and the coin is now down 1.55% over the last 24 hours, leaving its value at $2,556 (ETH/USD). However, the coin looks to be gearing back up for a further bullish trend, as the last hour has seen a positive change of 1.72%. Because of that strong upward momentum, Ethereum has earned more for its investors this week than Bitcoin has for its. There is a case to be made that Ethereum is the better investment at the moment, though that may not be the case for a lot longer. However, Ethereum was climbing before the trade agreement between the United States and China was revealed, boosted by a smooth transition to its Pectra upgrade. Even the recently best performing coins like Trump and WIF cannot keep up with Ethereum’s strong performance. It is no wonder that investors are wondering how soon Ethereum will reach $3K. We last saw the token hit that mark at the beginning of February, before new tariffs drove the market down. There has been enough strong momentum for the coin that it is reasonable to expect it will reach $3K very soon. ETH is only 17% away from that level now, meaning that its current momentum could carry it to $3K in just a few days. The data for Ethereum shows that it is in a breakout position, poised to climb much higher over the short term. We expect that it will continue to outperform Bitcoin for a while, but do not expect it to perform at that extremely high level for a long time. Ethereum has a long way to go to reach its 2021 peak of $4,100, but it is well on its way to establishing a higher support level and building from there. If the tariffs can stay out of its way for a while longer, we could see a new record for ETH by the end of the year, propelled there by a strong economy, falling inflation, and a couple Fed interest rate cuts.

You may also like

More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto

This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.

JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?

Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.

dFans: OnlyFans of the AI Era

As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...

Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain

TRON Industry Weekly Report

From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets

Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.

How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival

Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.