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Crypto

Ethereum stalls again near $2,400 as three headwinds weigh

Ethereum has remained relatively weak after failing to settle above $2,400 over the past three months. Cointelegraph reported it is down 21 percent so far in 2026, underperforming the broader crypto market’s 11 percent decline. The rebound has been repeatedly capped by slowing on-chain activity, intensifying competition in the dapp ecosystem and diminished appeal to institutions. DEX volumes and Ethereum dapp revenue have fallen sharply, while hacking losses and confusion over upgrades have added pressure.

Crypto

BlackRock, Mastercard, Franklin Templeton add to big-money moves around XRPL

Global financial heavyweights including BlackRock, Mastercard and Franklin Templeton are reviewing potential uses of the XRP Ledger (XRPL), a blockchain outlet reported. Odellia Torteman of XRPL Commons said interest is growing. She said XRP serves as a core asset for transactions and payments and as a bridge asset for value transfers between different assets on the network. Ripple has disclosed pilots with partners, including tokenised fund and settlement tests using its RLUSD stablecoin.

Crypto

Ethereum leverage falls as derivatives cool and whales accumulate spot

Ethereum futures open interest fell by $2 billion over the past week, signalling a sharp reduction in derivatives-market leverage. Despite holding around $2,300, open interest slipped to $12.4 billion and funding turned negative, with short positions making up 34 percent. Binance and Gate saw the biggest position unwinds. Concerns linked to the Kelp DAO hack added uncertainty. On-chain data also showed whale accumulation and more than 2.7 million ETH waiting for long-term staking.