Author: Anmol Khatiwada

Ethereum is soaring as institutional and retail demand align, driven by U.S. regulatory progress. This week, ETH rallied past $3,400 after spot Ethereum ETFs recorded their highest-ever single-day inflows of $726.6 million, signaling strong traditional finance interest. Open interest has also surged to a record $46 billion, according to Coinglass, amplifying volatility and pushing ETH’s weekly gains over 20%.

Fueling the rally is the advancement of key U.S. crypto legislation—the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act—all contributing to growing confidence in Ethereum’s long-term outlook.

Technical charts show ETH breaking out from an ascending broadening wedge, with a target of $3,750 if resistance at $3,480 breaks. Indicators like RSI and MACD remain bullish, although the 0.786 Fibonacci level at $3,190 could act as a pullback zone.

At the same time, HODLers are moving ETH off exchanges into self-custody wallets like MetaMask, Exodus, and Best Wallet ($BEST). The latter is gaining attention for its innovative “Upcoming Tokens” discovery tool.

With strong fundamentals and technicals aligning, Ethereum’s breakout could extend toward $3,750 and even retest all-time highs if bullish momentum continues.

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Curve DAO’s native token, $CRV, has been on fire this week. The token rebounded sharply from a weekly low of $0.6017, soaring over 79% and trading at $0.9882 at the time of writing—a 22.9% gain in just the last 24 hours.

While some mid-week profit-taking slowed the climb temporarily, fresh momentum has kicked in, fueled by renewed governance interest and upcoming protocol upgrades.

According to CoinGecko, on-chain metrics underline this resurgence. Its 24-hour trading volume skyrocketed to $848.37 million, signaling increased trader participation. With a market capitalization of $1.33 billion, $CRV now ranks among the top DeFi governance tokens.

$CRV is the heartbeat of Curve DAO’s governance and rewards system. With 2.28 billion total tokens and over 93,000 active holders, $CRV holders help steer the DAO’s decisions, particularly those locking tokens via vote-escrow (veCRV) for amplified governance power and liquidity rewards.

Analysts highlight Curve’s active community and decentralized governance as key drivers behind $CRV’s strong rebound.

Curve’s Total Value Locked (TVL) stands at roughly $2.49 billion across supported chains, as per DeFiLlama data—showing deep liquidity within its ecosystem. Integration with DeFi giants like Yearn Finance, Compound, and Aave has also expanded Curve’s reach and revenue streams.

Recent launches like its expansion onto Polyhedra’s EXPchain—enabling cross-chain stablecoin swaps—and updates like a dedicated DAO Treasury and Block Oracle highlight Curve’s constant evolution.

$CRV Price Analysis: $1 Breakout Incoming?

From a technical perspective, $CRV’s 4-hour chart shows a sharp breakout from a long-standing base. Price action soared from the $0.50 region to near $0.99 in a parabolic move.

Sustained volume spikes back this up. Successive higher highs and higher lows, along with extended bullish candles, suggest aggressive buyer dominance. Positive volume delta footprints reinforce this, although notable selling at highs suggests profit-taking is emerging.

Currently, the $1.00 psychological barrier acts as a key battleground. A confirmed breakout above this could push $CRV toward $1.05 or higher. Conversely, failure to hold above the $0.94–$0.96 support zone may trigger a retracement toward $0.88.

With intensified buyer flow and cautious selling pressure near the top, traders are watching closely to see whether $CRV can decisively break above $1 or face a temporary setback.

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$PENGU is back in the spotlight after exploding 127.4% in just 7 days. In the past 24 hours alone, the token jumped nearly 21%, hitting an intraday high of $0.0344. As of July 15, $PENGU trades at $0.03418, riding a wave of trading volume spikes and aggressive whale accumulation.

What’s behind the surge? Meme coin mania, ETF rumors, and social media stunts.

Originally a niche NFT project, Pudgy has evolved into a multi-dimensional Web3 brand, driven by:

• ETF filings sparking Wall Street attention.
• Coinbase and Binance US using Pudgy avatars.
• Major retail partnerships expanding visibility.

$PENGU now runs on Solana, with a total supply of 88.88 billion tokens, out of which 63 billion are in circulation. Around 26% of the supply remains locked for community rewards, adding a scarcity element that’s boosting investor sentiment.

The biggest development?
The Canary PENG ETF.
Recently filed with the SEC, it proposes a 95% allocation to PENG tokens and 5% to Pudgy Penguin NFTs—a unique ETF structure blending token liquidity with NFT collectibility.

As ETF excitement spreads, retail traders and whales alike are betting $PENGU could be the breakout memecoin of Summer 2025.

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