Ethereum traded back above $2,000 with a modest upward move while a key scarcity gauge on Binance registered a positive 0.67 reading, indicating exchange reserves have fallen below historical norms. ETH is currently fluctuating between $1,900 and $2,100 and remains under its 50-day and 200-day moving averages, with traders watching whether reduced supply, ETF flows and institutional activity can support a potential move toward $2,200.

On March 11, the official Bonk.fun website for the Solana memecoin launchpad was hijacked, with a wallet drainer embedded into the front-end to steal user funds. Only wallets that signed a fake terms-of-service message during the attack window were affected, and the team says losses are minimal. The BONK token has fallen nearly 1% in the last 24 hours and about 45% over the past year while the broader memecoin market has added around 2.5% and climbed back above a $32Bn capitalization.

Ethereum is trading around $2,050 and continues to defend the $2,000 support area as its weekly RSI hovers near 33, close to traditional oversold territory. Price action remains compressed between roughly $1,930 and $2,050, with traders watching resistance at $2,120 and downside levels at $1,930, $1,760 and $1,470 to gauge whether bears retain control or a relief bounce can emerge.

In the 12 months to March 2026, crypto fundraising climbed 50% to more than $25.5Bn even as total deal count fell 46%, based on Messari data. The average deal size rose to $34M and the number of active investors dropped 34.5% to 3,225, pointing to a shift toward fewer, larger late-stage rounds. February's $795M haul was dominated by three mega-deals, while firms like Pantera Capital expect 2026 to bring a wave of digital asset IPOs.

Bitcoin USD is trading around $67,200 while its market dominance has eased to about 58%, with overall crypto capitalization above $2.38 trillion. On-chain and ETF flow metrics indicate growing interest in Ethereum, including a day when $31.6M in ETH left centralized exchanges and roughly $20M flowed into ETH ETFs, as analysts debate whether this signals a broader altcoin rotation.

Ethereum briefly tested the $2,160 resistance before retreating below $2,100, with ETH trading near $2,080 after a volatile move. Technical analysts are watching the $2,000 support and the inverse Head and Shoulders setup, while on-chain data shows long-term holders accumulated over 252,000 ETH in February 2026. Some commentators warn of a potential bull trap and see downside risk toward the $1,320–$1,345 zone if key levels fail, unless bulls can secure a weekly close above $2,300.

On Thursday, XRP sank more than 17% to about $1.25 as roughly $46 million in derivatives positions were wiped, with $43 million from longs, according to CoinGlass. Despite the drop, XRP spot ETFs still posted about $24 million of net inflows this week, taking cumulative inflows since November 2025 above $1.2 billion.

On February 5, Bitcoin's price slipped to around $70,000, roughly 20% below an estimated $87,000 all-in production cost per coin, while network hashrate fell 12% from its October peak and miner profitability hit a 14‑month low. Daily mining revenue dropped to $28 million, the Miner Profit and Loss Sustainability Index slid to 21, and a roughly 14% downward difficulty adjustment is projected for February 8 as some operators redirect capacity to AI and spot ETF flows turn net negative in early 2026.

Since the Fusaka upgrade went live on December 3, Ethereum has seen on‑chain activity climb, with new wallet creation rising 110% to about 292,000 fresh addresses per day. The update introduced PeerDAS to cut data posting costs for Layer 2 networks, while ETH has moved back above $3,200 amid improving network metrics and renewed user onboarding.