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Although the price of Ethereum (ETH) has been hovering around $3,500 in recent weeks, a new analysis by 10x Research suggests that this situation could herald explosive growth for the market’s largest altcoin by 2026.
According to the data of this institute, since the US presidential election, the balance of Tether (USDT) on the Ethereum network has increased from 54 billion dollars to more than 102 billion dollars, which indicates the return of liquidity to this network. On the other hand, the change of regulatory policies in the United States in favor of transparent activities in China and the growth of institutional staking services have also made Ethereum known as the center of market liquidity and profitability.
Technically, as long as price remains above the $3,500 support, the overall trend is bullish. The next resistances are at $3,650, $3,710, and $3,920, which, if broken, will pave the way for ETH’s growth in 2026.
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