Ethereum News Today: Price Jumps and Market Buzz on March 20, 2025
Ethereum is making waves today, March 20, 2025, as its price surges nearly 7%, hitting $2,027 according to posts on X. This rally has crypto enthusiasts buzzing, with ETH leading the charge among major cryptocurrencies. Bitcoin’s up too, at $83,792, but Ethereum’s stealing the spotlight with a breakout that’s got traders talking.
Why the jump? Analysts point to a successful climb past a key resistance level, with Cointelegraph noting Ethereum broke free from an ascending triangle pattern. Big holders, or "whales," are also flexing their muscles, adding over 400,000 ETH to their stash recently. That’s a hefty vote of confidence in ETH’s future.
Beyond the price action, Ethereum’s ecosystem is humming. The upcoming Pectra upgrade, set to roll out later this month, promises better scalability and user perks, per Coinpedia. Meanwhile, posts on X highlight a $193,000 ETH sale tied to Sam Spratt’s Masks project, showing the NFT scene’s still alive and kicking.
But it’s not all smooth sailing. Standard Chartered slashed its 2025 ETH price target from $10,000 to $4,000, citing Layer-2 solutions like Coinbase’s Base siphoning value. Still, today’s vibe is upbeat—Ethereum’s proving it’s got fight left in it.
Sources: Cointelegraph ("Why is Ethereum (ETH) price up today?"), Coinpedia ("Ethereum Price Prediction 2025, 2026 - 2030"), posts on X from @BomberheadNFT and @RugRadio.
