{"id":65689,"date":"2026-01-05T13:05:13","date_gmt":"2026-01-05T13:05:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-network-growth-hits-8t-milestone-bulls-eye-3500-level\/"},"modified":"2026-01-05T13:05:13","modified_gmt":"2026-01-05T13:05:13","slug":"ethereum-network-growth-hits-8t-milestone-bulls-eye-3500-level","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-network-growth-hits-8t-milestone-bulls-eye-3500-level\/","title":{"rendered":"Ethereum network growth hits $8T milestone, bulls eye $3,500 level"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/20260105_1726_Ethereum-Price-Surge_simple_compose_01ke706e3pev3875vcyp1gdzm1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/20260105_1726_Ethereum-Price-Surge_simple_compose_01ke706e3pev3875vcyp1gdzm1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/20260105_1726_Ethereum-Price-Surge_simple_compose_01ke706e3pev3875vcyp1gdzm1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/20260105_1726_Ethereum-Price-Surge_simple_compose_01ke706e3pev3875vcyp1gdzm1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethereum price gains as bulls eye $3,500 amid broader cryptocurrency gains.<\/li>\n<li>The Ethereum network\u2019s stablecoin transfer volume hit $8 trillion.<\/li>\n<li>Bulls could target a surge to $4,000-$4,500, although bears remain alert.<\/li>\n<\/ul>\n<p>The price of the Ethereum token is hovering in the green as optimism across the cryptocurrency market lifts Bitcoin to $93,000. <a href=\"https:\/\/coinjournal.net\/news\/ai-tokens-lead-crypto-rebound-as-bitcoin-breaks-92000-render-jumps-15\/\">AI tokens<\/a> were among the cryptocurrencies that rallied.<\/p>\n<p>With ETH at $3,171 at the time of writing, analysts are pointing to a potential squeeze past $3,500.<\/p>\n<p>The top altcoin network\u2019s unprecedented stablecoin transfer volumes, as well as overall risk market trends, make the odds in favour for the bulls.<\/p>\n<p>However, traders have also taken note of a $63 million short position by a major whale, largely signaling big investors\u2019 view of the asset\u2019s near-term trajectory.<\/p>\n<h2>Ethereum price retests $3,200 resistance level<\/h2>\n<p>Ethereum\u2019s price climbed to highs of $3,211 early Monday.<\/p>\n<p>It marks a notable rebound that sees bulls reclaim the level after falling to lows of $2,700 in mid-December 2025.<\/p>\n<p>The token had failed to clear above $3,000 after climbing to near $3,400 earlier that month.<\/p>\n<figure id=\"attachment_356192\" aria-describedby=\"caption-attachment-356192\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-356192\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/ethereum-price-chart.png\" alt=\"Ethereum Price Chart\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-356192\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener\">Ethereum price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>However, as top altcoins joined Bitcoin in a broader market upswing, ETH rose from a support level near $3,100.<\/p>\n<p>Bulls boasted the upper hand with daily volume jumping 40% to over $17 billion.<\/p>\n<p>Ethereum\u2019s price gains aligned with the uptick for equities, which showed gains as the market reacted to news of a US operation in Venezuela.<\/p>\n<p>Analysts at QCP Group said in a <a href=\"https:\/\/www.qcpgroup.com\/insights\/asia-colour-183\/\">note to investors<\/a>.<\/p>\n<blockquote>\n<p>\u201cAfter 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\u2019s Nicol\u00e1s Maduro.\u201d<\/p>\n<\/blockquote>\n<p>Gains for Ether also come as the network eyes momentum amid a record stablecoin transfer volume.<\/p>\n<p>Token Terminal data <a href=\"https:\/\/x.com\/tokenterminal\/status\/2007923331526459855\" target=\"_blank\" rel=\"noopener\">shows<\/a> the Ethereum network has achieved a historic milestone, with stablecoin transfer volumes crossing $8 trillion in the fourth quarter of 2025.<\/p>\n<p>This record high, nearly double the volume recorded earlier in the year, highlights Ethereum\u2019s dominance as a hub for stablecoin transactions.<\/p>\n<p>Real-world payment use rather than speculative trading provided fuel for this growth.<\/p>\n<h2>Bulls target $3,500, but what do analysts say?<\/h2>\n<p>According to QCP Group, crypto price performances in the past week show \u201calignment with broader risk assets.\u201d<\/p>\n<p>This could signal a shift in sentiment, which may then strengthen bullish narratives.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">2\/ Crypto\u2019s alignment with broader risk assets is looking less like a coincidence and more like a regime shift to start the year, helped by year-end tax loss harvesting fading and policy optionality back on the radar.<\/p>\n<p>\u2014 QCP (@QCPgroup) <a href=\"https:\/\/twitter.com\/QCPgroup\/status\/2008112995445194760?ref_src=twsrc%5Etfw\">January 5, 2026<\/a><\/p>\n<\/blockquote>\n<p>From a technical point of view, bulls have the potential to climb toward $3,500.<\/p>\n<p>If price breaks out above this level, the next target could be $4,000 or higher.<\/p>\n<p>This short-term outlook, however, may include a sharp reversal, with any upside squeeze threatened by profit taking.<\/p>\n<p>As aforementioned, a large whale has <a href=\"https:\/\/x.com\/TedPillows\/status\/2008105691328794844\" target=\"_blank\" rel=\"noopener\">taken<\/a> a $63 million short position, with a liquidation threshold at $4,545.<\/p>\n<p>Weakness may signal a pullback to $3,000, especially if Bitcoin falters and fails to extend gains.<\/p>\n<p>BTC falling below $90k will spell bad news for bulls.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-network-growth-hits-8t-milestone-bulls-eye-3500-level\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ethereum price gains as bulls eye $3,500 amid broader cryptocurrency gains. The Ethereum network\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":65690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65689"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=65689"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/65690"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=65689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=65689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=65689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}