Ethereum rebounds to $3,028; analysts cite 175M wallets and strong staking

During Wednesday’s Asian session, Ether rose 2.6% to $3,028, reclaiming the $3,000 threshold after six days below it. Analysts flagged nearby resistance at $3,100, while Santiment said Wednesday that non-empty Ethereum wallets exceeded 175 million. Glassnode’s Chris Beamish on Tuesday described price as sitting on a dense cost basis cluster.