Most Ethereum valuation models indicate ETH is undervalued: Analyst

The Layer 1 blockchain Monad has recently launched, achieving an 80% surge in its native token MON, reaching an all-time high of $0.048. However, BitMEX co-founder Arthur Hayes has expressed skepticism, predicting a potential 99% crash in its value due to its perceived lack of real use cases and vulnerability as a 'VC coin'.

The flow of capital into spot Bitcoin and Ethereum ETFs has shown signs of recovery, marking the first week of net-positive inflows since October, following a prolonged period of outflows. This shift indicates a potential stabilization in institutional demand for these cryptocurrencies after a challenging month.

Ethereum developers are preparing for the Fusaka upgrade, the second major update of 2025, aimed at enhancing the blockchain's capacity to manage increased transaction throughput from layer-2 chains. This upgrade is scheduled for implementation on December 3, 2025.

Ethereum's price has recently stabilized around $3,000 after a significant rebound in the broader cryptocurrency market, gaining 7.22% following a prolonged correction that saw its value drop from $4,700 to as low as $2,900. This recovery coincides with a notable decrease in open interest in Ethereum futures, which fell from $21 billion to approximately $17 billion in late November.

Ethereum's price has recently declined significantly, trading at around $3,000, which marks a nearly 40% drop from its peak this year. This downturn aligns with a broader crypto market crash, raising concerns about the stability of Ethereum as it approaches the Fusaka upgrade scheduled for December 3.

Ethereum (ETH) is projected to potentially reclaim the $3,200 mark soon, as low stablecoin yields indicate that the market has not yet reached a major peak, according to Santiment. This follows a recent decline where ETH fell below $3,000, marking a four-month low and raising concerns about the sustainability of the current bull market.

Ethereum ETFs experienced significant outflows totaling $1.4 billion in November, reflecting a retreat by investors amid increasing caution and volatility in the cryptocurrency markets. This trend indicates a growing wariness among investors regarding the stability of Ethereum as a viable investment option.

Bitcoin, Ethereum, and XRP are experiencing a price recovery, with the United States identified as a significant source of market support. Recent trading data indicates that buying and selling pressures are unevenly distributed, reflecting a shift in trader behavior amidst fluctuating prices.