TL; D
- Despite the last simple recovery, ETH is still among the largest number of performance in the past few months, as it has failed to draw the highest new level ever and lost a huge part of its value.
- However, an analyst believes that this could be a convincing blessing of the second largest encrypted currency because it can pull a large XRP gathering.
Can ETH do XRP?
Although it failed to approach, match or break its highest level ever for more than $ 4,800 this time, ETH continued to attack after the American elections. It increased from $ 2,20000 to a multi -year peak on its own by more than $ 4,000. However, the momentum could not continue and began to lose value quickly in the first quarter of 2025, which became worse at some point.
April witnessed more pain as the ether decreased to $ 1,400, thus erasing nearly seven years of gains. Although recovery to nearly $ 1,800 as of the time of the press, ETH is still less than before election levels. It has decreased by about 2000 dollars since July when Ethereum ETFS went in the United States.
The painful scene of many angles – whale sale, the replacement of Galaxy Digital ETH with Sol, a large withdrawal of traded investment boxes, and so on. However, some analysts see this darkness around the ethereum ecosystem as a long -term possible entry.
Remember when $ XrpLate price and I thought CT had died?$ ETHIts price is backward now.
The institutional demand will rise soon.
Do not fade.
looting pic.twitter.com/E4wftuxibt
– Cryptobusy (Cryptobusy) April 25, 2025
On the contrary, XRP became one of the rock rocks in late 2024/early 2025, as it rose by triple numbers from $ 0.6 to approximately $ 3.4. Although she still cannot break it for 2018, she was a bush. Despite the last market correction, the distinctive icon across the border of Ripple is still above $ 2 and the gap with ETH is narrowed in terms of the maximum market.
Cryptobusy compared XRP price movements, which lasted for years, to the late ETH performance so far and expected that “institutional demand” on the latter would rise soon.
When will the next leg reach?
Wess told their 100,000 followers on X that ETH flows are “escalating”, adding that the market was unprecedented. Mimi Digin announced that Ethereum has just witnessed the largest daily flow of accumulation on April 22, indicating that “some serious players are clearly holding while the price is about 1750 dollars.”
They added that the activity on the series is captured, with active addresses that jump 10 % in two days. At the same time, the Dex sizes “stuck”, Defi is still “sleeping”, and a broader use “has not yet followed ETH flows.” Thus, Wess asked whether this was a “calm” accumulation before the whale before ascending or “Are we just picking up knives in a longer declining direction.”
$ ETH The flows excel … but is market care (so far)?
ETHEREUM just witnessed that the largest daily flow in accumulation addresses: 449k eth on April 22 alone.
It is clear that some serious players are loaded while the price is about $ 1750.
Onchain activity also picks up … pic.twitter.com/lfml4vjpeg
– Wess (@wesweb3) April 24, 2025
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