- Staked ETH turned profitable for the first time since March, boosting validator confidence and sentiment.
- Ethereum’s bullish momentum strengthens with $2,550 breakout, but signs of overbought conditions emerge.
Ethereum’s [ETH] back in the green – and so is validator sentiment. For the first time since March, staked ETH is showing unrealized gains, a comeback in on-chain confidence.
But this isn’t just a blip on the charts; it may be the early beginning of a broader shift in Ethereum’s value capture story.
With the network keeping an eye on L2 scaling incentives and application migration risks, the network’s economic foundation could be on the cusp of something huge.
Staked ETH returns to profit
A recent CryptoQuant report has revealed that Ethereum stakers are back in the green after more than two months of unrealized losses.
Since March, staked ETH had been underwater, with the realized price sitting above market levels. However, on the 9th of May, ETH crossed the $2297 mark, surpassing the realized price of – flipping stakers back into profit territory.
This recovery strengthens Ethereum’s network stability by reassuring validators and staking participants. As profit returns to stakers, it could be a sign of a larger bullish shift across the Ethereum ecosystem.
Ethereum as the biggest on-chain economy
Ethereum continues to dominate as the largest on-chain economy, with over $213.9 billion in TVL across lending, staking, and other sectors.
This expansive activity shows Ethereum’s unmatched developer base and DeFi infrastructure, attracting the highest volume of app deployment and usage.
Source: X
However, the dominance isn’t without risk.
Incentives tied to scalability and app success create a real threat of app migration – especially to competing chains.
Ethereum’s new leadership has acknowledged these graduation risks and are reportedly working toward strategies that ensure value retention as apps evolve and expand.
Price momentum builds
ETH’s recent breakout pushed it above $2,550 at press time, marking a strong bullish continuation.
Technicals supported the rally – the RSI was at 80.58, indicating strong momentum but perhaps the asset is entering overbought territory.
Meanwhile, the MACD showed a widening gap between the MACD and signal lines, a bullish signal reflecting increased buying pressure.
Source: TradingView
With volume holding steady and sentiment turning optimistic post-staking profit recovery, Ethereum’s price may test higher resistances. However, overextension could lead to a brief consolidation before the next leg up.
- Staked ETH turned profitable for the first time since March, boosting validator confidence and sentiment.
- Ethereum’s bullish momentum strengthens with $2,550 breakout, but signs of overbought conditions emerge.
Ethereum’s [ETH] back in the green – and so is validator sentiment. For the first time since March, staked ETH is showing unrealized gains, a comeback in on-chain confidence.
But this isn’t just a blip on the charts; it may be the early beginning of a broader shift in Ethereum’s value capture story.
With the network keeping an eye on L2 scaling incentives and application migration risks, the network’s economic foundation could be on the cusp of something huge.
Staked ETH returns to profit
A recent CryptoQuant report has revealed that Ethereum stakers are back in the green after more than two months of unrealized losses.
Since March, staked ETH had been underwater, with the realized price sitting above market levels. However, on the 9th of May, ETH crossed the $2297 mark, surpassing the realized price of – flipping stakers back into profit territory.
This recovery strengthens Ethereum’s network stability by reassuring validators and staking participants. As profit returns to stakers, it could be a sign of a larger bullish shift across the Ethereum ecosystem.
Ethereum as the biggest on-chain economy
Ethereum continues to dominate as the largest on-chain economy, with over $213.9 billion in TVL across lending, staking, and other sectors.
This expansive activity shows Ethereum’s unmatched developer base and DeFi infrastructure, attracting the highest volume of app deployment and usage.
Source: X
However, the dominance isn’t without risk.
Incentives tied to scalability and app success create a real threat of app migration – especially to competing chains.
Ethereum’s new leadership has acknowledged these graduation risks and are reportedly working toward strategies that ensure value retention as apps evolve and expand.
Price momentum builds
ETH’s recent breakout pushed it above $2,550 at press time, marking a strong bullish continuation.
Technicals supported the rally – the RSI was at 80.58, indicating strong momentum but perhaps the asset is entering overbought territory.
Meanwhile, the MACD showed a widening gap between the MACD and signal lines, a bullish signal reflecting increased buying pressure.
Source: TradingView
With volume holding steady and sentiment turning optimistic post-staking profit recovery, Ethereum’s price may test higher resistances. However, overextension could lead to a brief consolidation before the next leg up.
get cheap clomiphene online where buy cheap clomid pill cost of generic clomid without a prescription cost of clomiphene pill buy clomiphene clomid challenge test where buy cheap clomiphene
With thanks. Loads of conception!
Thanks for sharing. It’s first quality.
order azithromycin 250mg generic – azithromycin 250mg for sale metronidazole 400mg tablet
order semaglutide sale – buy semaglutide for sale cyproheptadine 4 mg over the counter
order motilium online cheap – domperidone 10mg pills order cyclobenzaprine 15mg generic
order inderal 10mg without prescription – buy methotrexate 10mg generic order methotrexate without prescription
purchase amoxicillin generic – diovan 160mg for sale brand combivent
purchase augmentin for sale – atbioinfo buy ampicillin generic
esomeprazole pill – https://anexamate.com/ esomeprazole 40mg for sale
buy warfarin 2mg sale – https://coumamide.com/ brand cozaar 50mg
mobic 15mg pill – https://moboxsin.com/ buy mobic 7.5mg
prednisone 10mg for sale – https://apreplson.com/ prednisone 20mg us
buy generic ed pills for sale – https://fastedtotake.com/ ed pills where to buy
order generic amoxil – https://combamoxi.com/ cheap amoxil tablets
buy forcan pills – https://gpdifluca.com/# diflucan brand
escitalopram usa – site lexapro 10mg tablet
cenforce sale – https://cenforcers.com/ purchase cenforce sale
maximum dose of cialis in 24 hours – https://strongtadafl.com/ tadalafil daily use
order ranitidine generic – buy ranitidine cheap ranitidine 150mg cheap
sildenafil 100mg blue pill – https://strongvpls.com/# discount viagra order