Ethereum Surge: Will ETH Approach $3,000?
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Ethereum Surge: Will ETH Approach $3,000?

Ethereum's value has climbed by 35% this week, raising speculation about its ability to reach $3,000 amidst new initiatives from the Ethereum Foundation.

Ethereum’s recent price surge has caught the attention of investors as it rises 35% within the week. With this momentum, the ETH cryptocurrency seems poised to exceed the $3,000 mark. In parallel, the Ethereum Foundation has introduced the Trillion Dollar Security initiative aimed at reinforcing security for the network’s expansion.

A dive into Ethereum’s price action reveals its potential to shatter previous ceilings.

Will ETH Crypto Break $3,000?

The ETHUSDT candlestick chart indicates a robust upward trajectory. A price closure above $3,000 could further enhance these gains. If today’s final prices surpass $2,800, there is a strong possibility of reaching the $3,000 target, succeeding previous highs of $4,100 from 2024 and eventually aiming for a peak of $4,900 from 2021.

“$1.2 billion worth of ETH has been withdrawn from centralized exchanges in the past 7 days.” — Sentora (previously IntoTheBlock) (@SentoraHQ) May 14, 2025
Translation: This net outflow trend suggests that investors are retaining their holdings or participating in decentralized finance (DeFi) activities, indicating a bullish sentiment for Ethereum.

Ethereum Foundation Announces Trillion Dollar Security Initiative

The Ethereum Foundation has launched a project focused on enhancing network security to support global financial activities.

Setting sights on accommodating billions of users, the project aims to ensure that individuals can securely store substantial amounts, with smart contracts managing considerable assets.

BTCS Follows Strategy and Develops ETH Plan

The U.S.-based blockchain firm BTCS is strategically increasing its exposure to Ethereum, with plans to raise funds through convertible notes. The CEO, Charles Allen, expressed confidence in the strategy akin to MicroStrategy’s Bitcoin investments to generate steady income.

This strategic approach aligns with increasing institutional acquisition of Ethereum, as evidenced by recent significant purchases.

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