Ethereum network growth hits $8T milestone, bulls eye $3,500 level

  • Ethereum price gains as bulls eye $3,500 amid broader cryptocurrency gains.
  • The Ethereum network’s stablecoin transfer volume hit $8 trillion.
  • Bulls could target a surge to $4,000-$4,500, although bears remain alert.

The price of the Ethereum token is hovering in the green as optimism across the cryptocurrency market lifts Bitcoin to $93,000. AI tokens were among the cryptocurrencies that rallied.

With ETH at $3,171 at the time of writing, analysts are pointing to a potential squeeze past $3,500.

The top altcoin network’s unprecedented stablecoin transfer volumes, as well as overall risk market trends, make the odds in favour for the bulls.

However, traders have also taken note of a $63 million short position by a major whale, largely signaling big investors’ view of the asset’s near-term trajectory.

Ethereum price retests $3,200 resistance level

Ethereum’s price climbed to highs of $3,211 early Monday.

It marks a notable rebound that sees bulls reclaim the level after falling to lows of $2,700 in mid-December 2025.

The token had failed to clear above $3,000 after climbing to near $3,400 earlier that month.

Ethereum Price Chart
Ethereum price chart by TradingView

However, as top altcoins joined Bitcoin in a broader market upswing, ETH rose from a support level near $3,100.

Bulls boasted the upper hand with daily volume jumping 40% to over $17 billion.

Ethereum’s price gains aligned with the uptick for equities, which showed gains as the market reacted to news of a US operation in Venezuela.

Analysts at QCP Group said in a note to investors.

“After a range-bound December, crypto broke higher in early Asia, with $BTC and $ETH clearing $92k and $3,100. The move coincided with gains in equities and weaker oil prices following the US operation that led to the detention of Venezuela’s Nicolás Maduro.”

Gains for Ether also come as the network eyes momentum amid a record stablecoin transfer volume.

Token Terminal data shows the Ethereum network has achieved a historic milestone, with stablecoin transfer volumes crossing $8 trillion in the fourth quarter of 2025.

This record high, nearly double the volume recorded earlier in the year, highlights Ethereum’s dominance as a hub for stablecoin transactions.

Real-world payment use rather than speculative trading provided fuel for this growth.

Bulls target $3,500, but what do analysts say?

According to QCP Group, crypto price performances in the past week show “alignment with broader risk assets.”

This could signal a shift in sentiment, which may then strengthen bullish narratives.

From a technical point of view, bulls have the potential to climb toward $3,500.

If price breaks out above this level, the next target could be $4,000 or higher.

This short-term outlook, however, may include a sharp reversal, with any upside squeeze threatened by profit taking.

As aforementioned, a large whale has taken a $63 million short position, with a liquidation threshold at $4,545.

Weakness may signal a pullback to $3,000, especially if Bitcoin falters and fails to extend gains.

BTC falling below $90k will spell bad news for bulls.

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AI tokens lead crypto rebound as Bitcoin Breaks $92,000, Render jumps 15%

  • Render, Virtuals Protocol and Artificial Superintelligence Alliance tokens lead AI’s bounce
  • Gains come as Bitcoin breaks above $92,000 amid the geopolitical situation in Venezuela.
  • RENDER price could rally to $3-$5 region in the short term.

AI tokens have joined memecoins in starting the year higher, with Render price set for a potential retest of $3.

This comes as the cryptocurrency market kicks off 2026 with renewed vigor. Bitcoin has broken above $92,000 while Ethereum bulls have eyes on strengthening above $3,100.

Amid this, artificial intelligence-related tokens lead the broader recovery in altcoins, which in the past 24 hours, includes major gains for Virtuals Protocol and Artificial Superintelligence Alliance.

Pepe soared to lead memecoin’s rebound last week.

RENDER price gains 15% as AI tokens lead crypto bounce

The Render project offers a decentralized GPU rendering network, and ranks as one of the top AI tokens in the crypto space.

Amid an overall spike for AI coins, its native token has surged by more than 15%.

This move in the past 24 hours has seen the token top the $2.10 mark, with the uptick riding an intraday pump in buying pressure.

Per CoinMarketCap, over $139 million in Render has been traded in this period.

On a weekly basis, RENDER has posted over 56% gains. This aligns with a broader rebound in the AI crypto segment, where related projects have demonstrated even stronger momentum.

For instance, FET has advanced by more than 15% in the past day and 30% this past week.

Elsewhere, Virtuals Protocol (VIRTUAL) has rallied more than 25% and 51% in the same time frames, respectively.

Render price hovered near $2.07 at the time of writing.

Bitcoin price buoys altcoins

The gains for RENDER and other AI tokens have materialized against a backdrop of positive developments in the broader market.

After struggling at the end of 2025, Bitcoin is showing strength as the price breaks above $92,000.

BTC’s upside looks to have bolstered risk appetite across digital assets, even as geopolitical tensions escalate.

Recent US military actions in Venezuela, including strikes and the capture of President Nicolás Maduro, have introduced uncertainty.

However, market participants appear to view these events as contained.

Bulls are prioritizing Bitcoin’s strength and potential implications for energy markets over immediate risk-off sentiment.

RENDER price forecast

As the new year unfolds, AI tokens are joining memecoins in delivering robust early performance.

While investors could yet rotate into top coins, the early moves have the likes of Pepe (PEPE) and Shiba Inu (SHIB) ranking among the top weekly performers.

Render Price Chart
Render price chart by TradingView

Retail enthusiasm amid some level of certainty will be good for small caps.

In this case, RENDER could eye a breakout to $3 or higher.

The charts show technical indicators pointing to constructive momentum.

A look at the weekly Relative Strength Index (RSI) suggests a potential upside continuation.

Buyers may nonetheless have to contend with the resistance zone highlighted by the weekly moving average.

 

 

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Cardano price jumps to $0.38 as bulls reclaim key level

  • Cardano price was up 10% to above $0.38 as Bitcoin crossed $90,200.
  • ADA is eyeing a potential breakout to $2.
  • Bulls will look to ride key catalysts in 2026.

Cardano’s ADA token rose more than 10% to trade above $0.38, after buyers pushed the price back above the closely watched $0.35 level that analysts have long identified as a key support zone.

The move comes alongside a broader upswing in the cryptocurrency market.

Bitcoin advanced about 2% to trade above $90,000, providing a supportive backdrop for risk appetite across digital assets.

Major altcoins also recorded strong gains, with Ethereum climbing above $3,100 and XRP jumping to around $1.95, helping lift sentiment toward Cardano.

Elsewhere, memecoins led the day’s advances, posting double-digit increases as Pepe and Shiba Inu rallied sharply.

Hedera also traded higher, adding to the broader altcoin strength.

Cardano reclaims key $0.35 level

Strong buying activity has underpinned ADA’s recent advance, with more than $770 million worth of the token changing hands over the past 24 hours.

Trading volume was up about 34% on the day, pointing to renewed market participation.

Cardano’s price has now moved above its 50-day simple moving average, a level often watched for signs of shifting momentum.

On-chain data also shows improvement in decentralized finance activity, with total value locked on the Cardano network rising about 7% to roughly $231 million, according to DeFiLlama.

While the increase signals fresh inflows, TVL remains well below previous peaks of $544 million in August 2025 and more than $865 million in December 2024.

From a technical perspective, analysts note that ADA had been tightly compressed between the $0.35 and $0.38 levels in recent weeks, creating a fragile setup.

The push above $0.35 is seen as a potential break from that range and could undermine the prevailing bearish pattern if sustained.

Cardano Price
Cardano price chart by TradingView

If this latest upside momentum holds, short-term targets include $0.42, with potential rally to $0.50.

While risks like a drop below $0.34 persist, Cardano price could rally beyond $0.54 to see bulls eye 2025 highs of $0.73 hit in October. Above that lies the critical $1 level.

In the medium term, crypto analyst Javon Marks says ADA price could target $2.9 with a seven-fold upside potential.

Cardano regains top 10 market cap rank

Cardano extended gains on Thursday, rebounding after briefly slipping out of the top 10 cryptocurrencies by market capitalisation at the start of the year.

ADA has moved back above Bitcoin Cash, with the recovery above the $0.35 level helping restore its position among the largest digital assets.

The rally has lifted Cardano’s market capitalisation to about $13.6 billion.

The move comes alongside broader stability in the crypto market, with Bitcoin trading back above $90,200.

Strength across major altcoins has also supported sentiment, as Ethereum climbed to around $3,100 and XRP advanced about 5% to near $1.95, reinforcing the bullish tone around Cardano.

 

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HBAR jumps to $0.12 as ETF inflows and enterprise demand revive Hedera’s bullish momentum

  • Hedera (HBAR) is among the standout performers on the day after climbing above the key resistance level of $0.12.
  • With the price up more than 10% in the past 24 hours, the altcoin stands amongst the top 100 gainers.
  • Bulls could rally on factors such as growing confidence in Hedera’s enterprise-grade network.

Hedera entered the new year on a strong footing, with HBAR registering significant gains to touch multi-week highs at $0.12.

This comes after consolidating below $0.11 since the breakdown below the $0.12 threshold in mid-December.

Per trading data, Hedera has seen a surge in daily volume, which stood at over $166 million and was 38% up in the past 24 hours.

HBAR is notching gains as analysts attribute the rally to a combination of factors.

Among these is the broader market’s post-holiday portfolio rebalancing and fresh risk appetite.

The crypto project’s underlying network also continues to show robust activity, helped by enterprise partnerships and real-world asset tokenisation.

What’s next for HBAR price?

The surge to an intraday high above $0.12 could encourage bulls, particularly if risk assets flip the bearish sentiment seen in late 2025.

Looking ahead, several potential catalysts could drive further upside for HBAR throughout 2026.

Growing interest in exchange-traded funds (ETFs), including those focused on Hedera, has analysts bullish on several altcoins. Currently, spot HBAR ETFs are seeing small but steady inflows.

SoSoValue data indicates that over $50 million in ETF net assets represent over 1.1% of the token’s circulating supply.

Analysts anticipate that additional ETF approvals or increased allocations could inject substantial liquidity.

In this case, it would mean another regulated pathway for institutional investors to gain exposure to HBAR.

Beyond ETFs, Hedera’s enterprise adoption remains a core driver.

The platform saw significant traction around real-world applications in finance, supply chain, and tokenisation in 2025.

Upcoming milestones, including the expansion of the Governing Council and enhanced developer tools, are expected to accelerate ecosystem growth.

HBAR price technical outlook

From a technical perspective, HBAR’s recent breakout above long-term resistance signals potential for continued gains.

Bulls are showing signs of retaking control as charts signal a double bottom in the $0.10-$0.11 region.

A key technical breakout from a multi-week consolidation pattern is what buyers fancy. The initial price targets are above the downtrend line around $0.13.

Hedera’s daily chart also shows that the 50-day exponential moving average sits in this region.

Hedera HBAR Chart
Hedera price chart by TradingView

If momentum sustains, projections point to levels between $0.15 and $0.20 in the near term.

Broader market recovery and Hedera-specific advancements will drive this uptick. Notably, memecoins, as shown by a 35% pump for Pepe, could lead the early charge.

However, risks, including macroeconomic factors, may see bulls’ advances repelled. Key support levels include $0.10 and $0.079.

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Pepe soars 35% as top memecoins lead market rally

  • Pepe price was up more than 35% on the day as the cryptocurrency market witnessed a pumping start to 2026.
  • There were also huge gains for Bonk, Floki and SPX6900, highlighting renewed memecoin vigour.
  • Speculative enthusiasm is also driving price movements for top coins, Bitcoin and Ethereum.

As of writing, Pepe ranked as the best performing memecoin among the top 100 by market cap.

The frog-themed token had recorded an impressive 35% gain in the past 24 hours, trading to intraday highs of $0.000005667.

Notably, Pepe’s price rally has been accompanied by a dramatic increase in trading activity.

Per CoinMarketCap, the Ethereum-based memecoin boasted a 24-hour volume of over $1.4 billion, the metric up a staggering 650% in the past 24 hours.

As bulls ride the uptick, short liquidations have amplified upward pressure. CoinGlass data shows over $10 million in liquidations for the token.

More than $9.1 million of this is in bearish positions.

Pepe Price Chart
Pepe price chart by TradingView

Why is Pepe’s price soaring?

Optimism around Pepe comes amid a bold prediction from James Wynn, a prominent trader on the Hyperliquid platform.

Wynn has forecast that the memecoin’s market capitalisation could reach an astonishing $69 billion by the end of 2026.

“Back on Day 1 of $PEPE when it was at $600k market cap, I called it to go to multiple billions. Ultimate conviction and belief – and it paid off massively,” he posted on X.

“Now, I’m calling $PEPE to go from $1.7bn to $69bn+ in 2026.”

It’s a bold take that suggests a potential 40-fold increase from its current level of around $1.7 billion.

As he notes, Pepe has the potential to mirror or even surpass what Shiba Inu did in the previous cycle.

The Pepe market cap has soared to above $2.3 billion hours after Wynn’s prediction.

If realised, this could mean the token’s price catapults past the all-time high of $0.00002825 reached in December 2024.

Wynn says a combination of technical, sentimental, and overall bullish catalysts positions Pepe well ahead of a fresh memecoin resurgence.

He noted:

“If this bull market is not over, which I do not think it is, there is a high likelihood in my mind we see $PEPE at the forefront of memes leading the way as money flows into T1 memes, and proper fundamental altcoins. All social metrics (crucial factor for meme coins) MASSIVELY favor Pepe, including exchanges using it as a branding in their posts to increase engagement and get more sign ups.”

In his view, if Shiba Inu can spike to $41 billion, PEPE has the potential to go higher.

Top memecoin Dogecoin soared to $88 billion when its price went parabolic, and Pepe could easily do $69 billion.

Bonk, Floki, and SPX6900 among top memecoin gainers

While Pepe dominates headlines, other established memecoins have also contributed to the sector’s strong opening to 2026.

Floki (FLOKI), bolstered by ongoing ecosystem developments, has seen a 19% increase in the past day.

Like Pepe, this comes alongside elevated trading volumes.

Another top gainer is Bonk (BONK), the Solana-based community token.

Renewed interest has BONK trading 15% up in the past 24 hours.

Meanwhile, SPX6900 (SPX), known for its satirical take on financial markets, has surged 16%.

Pudgy Penguins, Shiba Inu and Dogecoin are also boasting double-digit gains as the memecoin category as a whole witnesses a vibrant start to the year.

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