Ethereum price targets $2,600 as low-volume bounce signals weakness

Solana (SOL) is experiencing significant pressure as it struggles to maintain its price above critical support levels, currently trading in the low-$120 range following a sharp decline of 39% in the fourth quarter of 2025. Despite steady inflows into investment products, the cryptocurrency's network activity has decreased, leading to a divided market sentiment regarding its future.

Glassnode's recent data indicates that net flows for Bitcoin and Ethereum exchange-traded funds (ETFs) in the U.S. have remained negative since November, signaling a decline in institutional demand for these cryptocurrencies.

Bitcoin and major altcoins, including ETH and SOL, experienced notable price movements following Donald Trump's prediction of the largest tax refund season in U.S. history, linking cryptocurrency trends to political developments. Traders are weighing the potential for increased consumer spending against concerns regarding U.S. debt and fiscal policy.

XRP spot ETFs in the U.S. have accumulated approximately $1.2 billion in assets within a few weeks, contrasting with a decline in interest for Bitcoin and Ethereum ETFs as crypto prices soften. Despite XRP's recent struggles, the ETF inflows indicate a robust demand for this asset class.

Ethereum is increasingly being utilized by Wall Street for tokenized money, faster settlements, and regulated on-chain infrastructure, despite institutions refraining from explicitly naming the blockchain. This trend highlights a growing acceptance of blockchain technology in traditional finance.

The cryptocurrency market is currently experiencing a range-bound phase, with Bitcoin and Ethereum showing fragile sentiment as investors await the upcoming US GDP data, which could influence market volatility.