$ETH ♨️☕️Will Ethereum Repeat Its Massive Rally in 2026? Here Are the Facts!
☕️According to Santiment analyst Brian Quinlivan, sentiment surrounding Ethereum (ETH) has declined and is now at a record low similar to levels seen before the major rally of 2025. Quinlivan argues that this drop in discussion activity indicates that the likelihood of further price declines is relatively low. He added that prices often rise after strong public doubt.
🧭On August 23, Ethereum (ETH) reached a new all-time high of around $4,900, recovering from its annual low of approximately $1,470 in April, according to CoinGecko data. However, since then, Ethereum (ETH) has experienced a decline of about 36% from its peak and is trading at $3,089 as of this report.
☕️Network Activity and Staking Interest
Quinlivan also highlighted on-chain signals he considers positive. According to him, activity on the Ethereum (ETH) network has increased, and staking is attracting more user attention. Meanwhile, Vitalik Buterin has joined public discussions on technical upgrades.
🏗Buterin stated in a lengthy post on X that PeerDAS, introduced alongside the Fusaka upgrade, along with zero-knowledge proofs and sharding, will push Ethereum (ETH) toward significantly higher throughput. He added that layer-2 networks like Base, Polygon, and Optimism will still be necessary because many use cases require faster speeds than the mainnet.
⛰️Conclusion
Although Ethereum (ETH) is currently in a condition similar to that before last year’s major rally, there is no guarantee that history will repeat itself in the same way. Investors and market observers should remain vigilant about changing market dynamics and not rely entirely on historical patterns.
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