Ethereum Price Prediction: On-Chain Strength Signals Potential Breakout Above $2,800
Ethereum [ETH] is quietly building momentum beneath the surface. Recent on-chain data shows that rising adoption, increasing scarcity, and renewed whale accumulation may set the stage for a long-awaited breakout above the stubborn $2,800 resistance. Since mid-May, Ethereum’s weekly new wallet creation has surged, consistently ranging between 800,000 and 1 million addresses—up sharply from the…