Ethereum on the Move Toward $9K

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Ether is showing renewed strength as tight supply, rising demand, and bullish technicals align, pushing ETH toward a possible $9,000 target.

ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026.

Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating.

Network usage remains near full capacity, even after multiple block gas limit increases, highlighting persistent demand.

Ether has surged 50% in just two weeks, regaining investors’ attention after a largely underwhelming cycle. Still, at $3,730, ETH remains 23% below its all-time high from November 2021. Some analysts now point to price targets that could more than double its current value.

Could the best still lie ahead for the second-largest cryptocurrency? Onchain trends, trading flows, and blockchain activity all suggest the rally may be just getting started.


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