Ethereum Price Prediction: ETH breaks out, targets $5,200
A brief technical and on-chain analysis on Ethereum price. Here, FXStreet's analysts evaluate what ETH needs to do to advance further.
Author

FXStreet Team
FXStreet
A brief technical and on-chain analysis on Ethereum price. Here, FXStreet's analysts evaluate what ETH needs to do to advance further.
Author

FXStreet Team
FXStreet
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Solana (SOL) marks the third consecutive week of losses, dropping over 13% so far this week. The two-week-old Solana spot Exchange Traded Funds (ETFs) in the US have recorded the lowest net inflows ever, suggesting softer institutional demand.
Global asset manager Canary Capital reached a milestone on Thursday, as its XRPC ETF clocked $59.1 million in trading volume on its debut, according to Bloomberg analyst Eric Balchunas and James Seyffart. This places it at the top for first-day trading volume among 900 ETFs launched so far in 2025.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade in red on Friday after correcting more than 5%, 10% and 2%, respectively, so far this week. BTC has slipped below the $100,000 key level, while ETH and XRP have faced rejection at their resistance levels.
Altcoins, AB (AB), Quant (QNT), and Starknet (STRK) sustain gains made in the last 24 hours, as Bitcoin trades below $100,000 by press time on Friday, logging a nearly 5% drop so far this week.
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Bitcoin (BTC) price continues to trade in red, below $101,000 at the time of writing on Friday, having dropped more than 8% so far this week. The decline comes amid mounting selling pressure from long-term holders, who continue to offload their positions.