NewsCryptoEthereum Targets $2,200 Amid Whale Accumulation; Solana Eyes $120 on ETF Inflows

Ethereum Targets $2,200 Amid Whale Accumulation; Solana Eyes $120 on ETF Inflows

Author: Tron Weekly·

Key Takeaways

  • An Ethereum whale identified as 0x2d59 purchased an additional 50,000 ETH worth approximately $93.6 million and staked the tokens, bringing total recent accumulation to roughly $170 million.
  • Ethereum is defending a critical support zone between $1,720 and $1,780, with a breakout above $1,875 resistance potentially opening the path toward $2,200.
  • Solana recorded $8.8 million in net daily ETF inflows, the highest level since May 12, signaling renewed institutional appetite for SOL-based exchange-traded products.
  • Analysts are monitoring Solana's $73.5–$74 support region, where a sustained hold could preserve the bullish structure needed for a move toward $120.
  • Both ETH and SOL continue to trade in neutral territory as Bitcoin's recent downward movement exerts pressure across the broader altcoin market.
Ethereum Targets $2,200 Amid Whale Accumulation; Solana Eyes $120 on ETF Inflows

Ethereum (ETH) is defending a critical support zone as buyers attempt to rebuild bullish momentum. Concurrently, substantial whale accumulation and staking activity point to strengthening long-term conviction, which could underpin a broader recovery should buying pressure persist.

At the time of writing, ETH is trading at $1,887.04 with a 24-hour trading volume of $8.05 billion and a market capitalization of $227.73 billion. While ETH has shown stability over the past 24 hours, both its price structure and whale accumulation patterns suggest a potential bullish reversal ahead.

Source: CoinMarketCap

Ethereum Price Targets $2,200 After Holding Key $1,720 Support

According to crypto analyst Nehal, ETH remains within a pivotal $1,720–$1,780 buying zone where buyers are working to defend support and stabilize recent price action. Sustaining this range could reinforce the bullish structure and indicate that selling pressure is subsiding. Traders are monitoring this area closely, as a sustained hold may establish the groundwork for ETH's next recovery phase. This support test comes amid a broader altcoin pullback tied to Bitcoin's recent price decline, which has pressured valuations across major tokens including ETH.

Source: Nehal's X Post

The next significant hurdle sits at $1,875, a key resistance level for Ethereum bulls. A breakout above this threshold—particularly on elevated volume—could signal continued strength and open the path toward $2,200 and beyond. Conversely, a breakdown of the $1,720–$1,780 area could present challenges for bullish positions.

Whale Accumulates 50,000 ETH in Latest Build-Up

On-chain data from Lookonchain revealed that ETH whale 0x2d59 has significantly expanded its holdings by purchasing an additional 50,000 ETH—valued at approximately $93.6 million—and staking the tokens. This acquisition occurred approximately two hours before publication, following a prior purchase of 40,000 ETH worth roughly $76.66 million made about a week earlier.

Source: Lookonchain's X Post

These transactions bring the whale's recent total ETH accumulation to approximately $170 million. The decision to stake the newly acquired ETH suggests a longer-term holding strategy rather than an intent to sell in the near term. Staking locks tokens into Ethereum's proof-of-stake consensus mechanism, reducing the liquid supply available for trading. Roughly a third of ETH's total supply is currently staked, meaning large-scale staking by whales incrementally tightens circulating availability.

Despite the bullish whale activity, ETH continues to trade in neutral territory. This aligns with the broader crypto market trend, as Bitcoin's recent downward movement has exerted pressure across the altcoin sector.

Outlook for Ethereum

Ethereum's near-term trajectory hinges on whether it can maintain the $1,720–$1,780 support region and break through the $1,875 resistance. A high-volume move above resistance would strengthen the case for a push toward $2,200. Meanwhile, continued whale accumulation and staking may contribute to building positive momentum.


Solana Maintains Bullish Structure as Buyers Defend Key Support

Solana (SOL) is preserving a bullish market structure as buyers defend critical support levels and establish higher lows. Growing institutional interest and renewed ETF demand are bolstering sentiment, while ongoing ecosystem expansion, network upgrades, stablecoin growth, and tokenization initiatives continue to reinforce Solana's long-term growth prospects.

At the time of writing, SOL is trading at $75.51 with a 24-hour trading volume of $1.42 billion and a market capitalization of $43.92 billion. Despite a 1.48% decline over the past 24 hours, SOL's price structure and network development suggest a potential bullish reversal ahead.

Source: CoinMarketCap

Solana Price Targets $120 with $74 Support Holding Firm

According to crypto analyst Michael van de Poppe, SOL is maintaining a potentially bullish market structure as buyers work to establish a pattern of higher lows. Analysts are closely monitoring the $73.5–$74 region, as this zone could provide essential support for the ongoing recovery. Holding above this area would help preserve bullish momentum and sustain the broader upside structure.

Source: Michael van de Poppe's X Post

If SOL can defend the $73.5–$74 support range, the outlook for a move toward $120 remains intact. A strong bounce from this support would signal continued bullish sentiment. However, a breakdown below this level could introduce selling pressure on the current formation.

ETF Inflows Reach $8.8 Million

Data from Santiment Intelligence indicated that Solana is seeing increased institutional appetite, with $8.8 million in net daily ETF inflows—the highest level since May 12. This marks a shift from a prolonged period of limited ETF activity and may reflect improving fundamentals within the Solana network. The renewed inflow activity comes as SOL-based exchange-traded products continue to attract investor attention following approvals and listings of spot SOL ETFs in several jurisdictions.

Source: Santiment Intelligence's X Post

Beyond ETF flows, the Solana network continues to advance across multiple areas. Real-world asset integration, stablecoin supply, tokenized equity transactions, and perpetual futures activity have all crossed notable milestones. On the technical side, the Alpenglow protocol aims to achieve 150 ms finality, Agave 4.2 is approaching mainnet deployment, and xStocks has streamlined tokenized equity access.

Despite the bullish ETF data and network growth, SOL continues to trade in neutral territory, consistent with the broader crypto market trend driven by Bitcoin's recent downward movement.

Outlook for Solana

Solana's next move depends on its ability to hold the $73.5–$74 support region. Doing so could attract new buyers and increase the probability of SOL reaching $120 amid rising ETF interest. Network upgrade progress, stablecoin growth, and tokenization advancements may provide additional support.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.