Sharplink Predicts Ethereum's TVL to Surge Tenfold to $680 Billion by 2026
- Market Potential Forecast: Sharplink's co-CEO Joseph Chalom predicts that Ethereum's total value locked (TVL) will reach $680 billion by 2026, a tenfold increase from the current $68.2 billion, indicating that widespread adoption across multiple use cases and institutional investors will drive market expansion.
- Stablecoin Market Growth: Chalom anticipates the stablecoin market will hit $500 billion by the end of next year, representing a 62% increase from the current $308.46 billion, which will further boost Ethereum's TVL as over half of stablecoin activity occurs on the Ethereum network.
- Tokenized Asset Outlook: Chalom also forecasts that the tokenized real-world assets (RWAs) market will reach $300 billion by 2026, with assets under management expected to grow tenfold, reflecting rising interest from financial services firms like JPMorgan and BlackRock driving this trend.
- Sovereign Wealth Fund Participation: Chalom expects sovereign wealth funds' holdings and tokenization activities in Ethereum to increase five to tenfold over the next year, significantly enhancing market competitiveness and driving value growth within the ecosystem.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 732.999 | 1240.399 | 1699.839 | 2207.239 | 2666.679 | 3174.079 | 3633.519 |
| Fibonacci | 1240.399 | 1609.732 | 1837.906 | 2207.239 | 2576.572 | 2804.746 | 3174.079 |
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