Ethereum Eyes 23% Gain as Institutional Demand Rebuilds

Ethereum (ETH) is targeting $3,050 as institutional demand rebuilds and ETF inflows return. However, the token still needs to break through its current resistance range before extending the move toward the target.

The price of ETH has been stuck near $2,475 despite renewed ETF interest, with a breakout through this level needed for momentum to pick up. A climb to $3,050 would deliver a 23% gain from current levels, and Ethereum's strength comes from its mature smart-contract economy.

DigiTap, another cryptocurrency, is offering pre-listing entry at $0.0589, with the token priced at $0.14 upon listing. The platform has already raised over $11.78 million, with more than 85% of the current allocation sold.