Ethereum’s recent price movement has reignited
optimism
as the digital asset approaches significant resistance points, with experts predicting possible rallies above $5,000 before the year concludes. On October 23, 2025,
ETH
hovered around $3,896, consolidating between $3,700 and $4,000 amid a cautious market environment. The network’s activity has surged—daily transactions now top 1.2 million—and decentralized finance (DeFi) total value locked (TVL) has grown 8% over the past week, reflecting increasing interest, according to an
Ethereum price prediction
. Analysts suggest that if ETH can break through the $4,400–$4,500 range, it could climb toward $4,800–$5,000, fueled by greater Layer-2 adoption and the asset’s deflationary trend since the Merge. At the same time, institutional investors have started accumulating again after selling 1.36 million ETH in late October, indicating renewed faith in Ethereum’s long-term prospects, according to
a TradingView analysis
.
From a technical perspective,
Ethereum
remains strong, with support holding steady above the $3,670–$3,870 range. This area now serves as a crucial support zone, aligning with the midpoint of a long-standing upward channel that has guided ETH’s movement since 2023. Should buyers maintain momentum, the price could aim for $5,600 by the end of the year—a 40% rise from current values—by surpassing the channel’s upper boundary, as noted in the TradingView report. Looking further ahead, forecasts are more uncertain, with some analysts projecting ETH could reach $10,000 by 2030, depending on broader economic trends and regulatory shifts; a separate
TradingView forecast
explores this scenario.
Although Ethereum’s price action remains central to the crypto market, projects like Mutuum Finance showcase ongoing innovation in the sector. As DeFi adoption accelerates and institutional funds move into scalable platforms, the relationship between network activity and token economics could reshape market trends in 2026.