News 
May 28, 2025 
5 min. 
Ethereum surge to $3,500 could be on the horizon as investor momentum shifts away from Solana, analysts suggest. The second-largest cryptocurrency by market cap is showing signs of renewed strength, buoyed by rising net flows and an increasing stablecoin supply.
One market strategist pointed to Ethereum’s potential breakout from a consolidation phase, signaling a possible bullish trend. With Solana’s recent underperformance and a broader shift in market sentiment, Ethereum may be gearing up for a significant rally.
As of now, ETH is trading at $2,675, marking a 1.4% dip over the past 24 hours. Daily trading volume has also eased, dropping 14% to $18 billion.
Two Key Bullish Indicators Back Ethereum Price Rally Toward $3,500
Despite Ethereum trading sideways between $2,400 and $2,700 over the past week, fresh analysis from market watchers on X suggests the stage may be set for a breakout. According to several crypto analysts, two emerging bullish signals could propel Ethereum toward the $3,500 mark.
The first is a noticeable shift in capital, with rising netflows moving away from Solana and into Ethereum. This indicates growing investor confidence. The second is a potential breakout from a tightening triangle pattern, which often precedes strong upward momentum in price action.
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These developments come at a time when sentiment across the broader crypto market is starting to turn bullish, putting Ethereum in a favorable position for its next leg up.
Capital Rotation Accelerates: Ethereum Outpaces Solana in Net Inflows
Ethereum is emerging as a key beneficiary of shifting capital trends in the crypto market. According to analyst CryptoGoos on X, the past 24 hours have seen a significant influx of funds into the Ethereum network. During this period, Ethereum led all assets in bridged net flows, with inflows exceeding $5 million, more than double Solana’s $2 million.
This trend extends to the stablecoin market as well. Over the same 24-hour span, Ethereum’s stablecoin supply jumped by more than $200 million, while Solana recorded net outflows in stablecoins.
The disparity in capital movement highlights growing investor preference for Ethereum amid Solana’s recent struggles. Analysts suggest that this capital rotation could serve as a bullish catalyst for Ethereum’s price trajectory, reinforcing the case for a potential rally toward the $3,500 level.
Ethereum Eyes Breakout as Ascending Triangle Takes Shape
Technical indicators suggest that Ethereum may be on the brink of a breakout, with analysts pointing to a classic ascending triangle pattern forming on the charts. Popular market commentator Sensei highlighted that ETH has been consistently building higher support levels, while encountering resistance along a flat upper trendline. A decisive move above this ceiling could pave the way for a rally beyond $3,500.
Sensei further noted that this setup closely resembles the price action seen earlier this month. During that time, Ethereum surged from below $2,000 to over $2,600 in just one week. If this pattern repeats, Ethereum could be poised to hit multi-month highs.
Adding to the bullish case are surging net inflows and an expanding stablecoin supply on the Ethereum network. These on-chain dynamics are helping to offset earlier bearish signals that had pointed to a potential correction toward $2,000. Those signals now appear increasingly invalidated.
Outlook: Ethereum Poised for Breakout Amid Market Shift
Ethereum has struggled to break through the key $2,700 resistance level in recent sessions. However, fresh on-chain data suggests that investor interest is returning, with capital steadily flowing back into the leading altcoin as Solana’s momentum fades.
Adding to the bullish narrative is a developing triangle pattern on the charts, signaling that a breakout could be imminent. If Ethereum can clear overhead resistance, analysts believe a surge toward $3,500 may soon follow.
