Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally.
The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on positive market trends and strong fundamental performance indicators supporting a sustained value increase.
Related Reading
ETH Fundamental Strengths
CoinSignals’ optimism is backed by several key factors that differentiate ETH from its peers, notably Bitcoin. Unlike Bitcoin, which experiences a sell-pressure of around 450 BTC daily, Ethereum, on the other hand, enjoys a much lower sell-pressure, according to CoinSignals.
This lowered pressure is instrumental for Ethereum, resulting in more sustainable and potentially explosive growth. In addition, the platform points out that Ethereum is becoming more popular due to its significant participation in decentralized finance (DeFi) and real-world asset (RWA) tokenization.
Perhaps the most bullish figure for Ethereum’s price growth comes from one of its strong indicators: ETH staked. According to data from Coinbase, roughly 27.65% of the total supply of Ethereum is currently staked.
The past 24 hours alone saw a nearly 4% increase in staked tokens. Notably, not only does this staking activity indicate confidence in the future of Ethereum, but it also helps drive its deflationary economics even further by decreasing the available supply.

Data from Ultrasoundmoney shows that since the ETH merge took place in September 2022, the available supply has plunged significantly, with nearly 300,000 ETH erased from circulation.
Moreover, real-world asset tokenization – a sector sparking interest in numerous institutional investors – is still largely dominated by Ethereum, CoinSignals mentioned.
#ETH Blow Off Top Target : $12k – $15k 🚀
– Almost 30% of Supply is Staked.
– No Daily Selling Pressure like BTC (450 BTC Day)
– Deflationary Asset.
– All Narratives Born on ETH.
– Leader of RWA and Tokenization.Our Recent Avg Buying Price : $2900 pic.twitter.com/S2HO3lrzR1
— Coin Signals (@CoinSignals_) July 29, 2024
Major players, such as BlackRock, are expressing interest in the tokenization market, specifically those platforms that lead initiatives, such as Ethereum.
The platform’s inherent capabilities make it an ideal foundation for DeFi projects and RWA initiatives experiencing rapid growth and innovation.
Ethereum Market Sentiment
In the past 24 hours, ETH has seen a mixture of bulls and bears in its price performance. Following a rise to $3,395 in the earlier hours of Monday, the asset faced a noticeable retracement, falling back to $3,253 before now stabilizing at $3,293, at the time of writing up by nearly 1%.
Notably, not only is CoinSignals predicting a bullish future for ETH, but other notable analysts in the crypto community are also doing the same.
Related Reading
For instance, prominent crypto investor Elja has recently disclosed on X that ETH trading above $10,000 is “programmed” already for this cycle. The investor added that buying ETH at current market prices is like buying it at $400 in 2020.
Buying #Ethereum now is like
– Buying it at $400 in 2020
With $ETH ETF trading starting tomorrow, $10,000+ is programmed this cycle! pic.twitter.com/Mq4CzNGonO
— Elja (@Eljaboom) July 21, 2024
Featured image created with DALL-E, Chart from TradingView
You have brought up a very fantastic points, thankyou for the post.
There are some attention-grabbing cut-off dates in this article however I don’t know if I see all of them middle to heart. There’s some validity but I will take maintain opinion till I look into it further. Good article , thanks and we want extra! Added to FeedBurner as effectively
I have learn a few good stuff here. Definitely worth bookmarking for revisiting. I surprise how so much effort you put to create one of these fantastic informative site.
I like this web site very much, Its a real nice place to read and get information. “I have found that if you love life, life will love you back.” by Arthur Rubinstein.
Purdentix reviews
Purdentix review
Purdentix review
The content is engaging and well-structured, keeping visitors interested.
I’m really impressed by the speed and responsiveness.
I’m really impressed by the speed and responsiveness.
I’m really impressed by the speed and responsiveness.
It provides an excellent user experience from start to finish.
This website is amazing, with a clean design and easy navigation.
The layout is visually appealing and very functional.
This website is amazing, with a clean design and easy navigation.
This website is amazing, with a clean design and easy navigation.
The layout is visually appealing and very functional.
This site truly stands out as a great example of quality web design and performance.
It provides an excellent user experience from start to finish.
The layout is visually appealing and very functional.
The content is engaging and well-structured, keeping visitors interested.
The design and usability are top-notch, making everything flow smoothly.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The layout is visually appealing and very functional.
It provides an excellent user experience from start to finish.
The content is well-organized and highly informative.
I love how user-friendly and intuitive everything feels.
The layout is visually appealing and very functional.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The content is well-organized and highly informative.
The layout is visually appealing and very functional.
It provides an excellent user experience from start to finish.
This site truly stands out as a great example of quality web design and performance.
It provides an excellent user experience from start to finish.
The layout is visually appealing and very functional.
I love how user-friendly and intuitive everything feels.
The design and usability are top-notch, making everything flow smoothly.
This website is amazing, with a clean design and easy navigation.
The layout is visually appealing and very functional.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
This website is amazing, with a clean design and easy navigation.
The design and usability are top-notch, making everything flow smoothly.
It provides an excellent user experience from start to finish.
The content is well-organized and highly informative.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
Live concerts have a special magic. No recording can ever capture that raw energy of the crowd and the artist performing in the moment.
Nothing beats homemade pasta. The texture and flavor are just on another level compared to store-bought versions. Cooking from scratch is truly an art.
Watching a sunset over the ocean is one of the most peaceful experiences in life. Nature has a way of reminding us how small but connected we all are.
What i do not realize is actually how you’re not really much more well-liked than you might be right now. You’re very intelligent. You realize therefore considerably relating to this subject, produced me personally consider it from numerous varied angles. Its like women and men aren’t fascinated unless it is one thing to do with Lady gaga! Your own stuffs nice. Always maintain it up!
Man is said to seek happiness above all else, but what if true happiness comes only when we stop searching for it? It is like trying to catch the wind with our hands—the harder we try, the more it slips through our fingers. Perhaps happiness is not a destination but a state of allowing, of surrendering to the present and realizing that we already have everything we need.
Virtue, they say, lies in the middle, but who among us can truly say where the middle is? Is it a fixed point, or does it shift with time, perception, and context? Perhaps the middle is not a place but a way of moving, a constant balancing act between excess and deficiency. Maybe to be virtuous is not to reach the middle but to dance around it with grace.
Virtue, they say, lies in the middle, but who among us can truly say where the middle is? Is it a fixed point, or does it shift with time, perception, and context? Perhaps the middle is not a place but a way of moving, a constant balancing act between excess and deficiency. Maybe to be virtuous is not to reach the middle but to dance around it with grace.
All knowledge, it is said, comes from experience, but does that not mean that the more we experience, the wiser we become? If wisdom is the understanding of life, then should we not chase every experience we can, taste every flavor, walk every path, and embrace every feeling? Perhaps the greatest tragedy is to live cautiously, never fully opening oneself to the richness of being.
Even the gods, if they exist, must laugh from time to time. Perhaps what we call tragedy is merely comedy from a higher perspective, a joke we are too caught up in to understand. Maybe the wisest among us are not the ones who take life the most seriously, but those who can laugh at its absurdity and find joy even in the darkest moments.
The essence of existence is like smoke, always shifting, always changing, yet somehow always present. It moves with the wind of thought, expanding and contracting, never quite settling but never truly disappearing. Perhaps to exist is simply to flow, to let oneself be carried by the great current of being without resistance.
Friendship, some say, is a single soul residing in two bodies, but why limit it to two? What if friendship is more like a great, endless web, where each connection strengthens the whole? Maybe we are not separate beings at all, but parts of one vast consciousness, reaching out through the illusion of individuality to recognize itself in another.