Ethereum fell below the $2,000 level over the past 48 hours as broader crypto markets weakened. Despite the drop, Standard Chartered's digital assets research head Geoff Kendrick reiterated the bank's long-term targets, including $4,000 by end-2026 and $40,000 by end-2030. He pointed to stablecoin and tokenized-asset activity on Ethereum as key metrics that the bank says continue to improve even while price lags.

A $200 XRP would imply an XRP market value of about $12.4 trillion, a level that market analyst Sam Daodu says cannot fit within today’s roughly $2.6 trillion crypto market. He argues that the setup would require a historic, market-wide expansion led by a sustained Bitcoin breakout, plus enough institutional inflows and regulatory progress to align together. XRP was trading around $1.34 at the time of writing, about 63% below its $3.65 all-time high reached last year.

Ethereum has slid about 9% over the past 14 days and is testing the psychological $2,000 level. Ali Martinez says ETH remains inside a multi-year range and must reclaim the 200-week SMA near $2,500, then break above the 50-week SMA around $3,100, to turn the outlook bullish again.

Market expert Sam Daodu says several large-cap tokens—including XRP, Ethereum, Solana and Chainlink—look "undervalued" compared with on-chain activity and infrastructure growth. He notes ETH trades about 57% below its August 2025 high of $4,946 and argues Ethereum's DeFi scale and planned Glamsterdam upgrade (mid-2026) could be catalysts. The report also highlights XRP's $1.30–$1.50 range in 2026, the May 14 CLARITY Act committee vote (15-9), SOL's drop from $295 to $85, and LINK around $9.50 versus $52.99.

Bitcoin has been trading in a tight $76,000–$78,500 consolidation zone, around 38% below its all-time high. A CryptoQuant report says miners still appear cautious, with Binance Pool Miner Reserve trending down while the Miners' Position Index stays negative, suggesting selling is ongoing but not panic-like. Bitcoin was last noted at $77,763, down almost 5% after failing to hold above $83,000 during last week's rally.

Aletheia said in a report released Wednesday that it reviewed the first six trading days of Hyperliquid spot ETFs launched by 21Shares and Bitwise. On a market-cap-adjusted basis, the products beat Bitcoin flows on three of six days and exceeded Ethereum inflows on five of six days. The report also noted HYPE near prior highs, with CoinGecko data showing $51.88 at the time of writing and a weekly gain of 33%.

XRP exchange-traded funds have attracted more cumulative capital than Solana ETFs, despite SOL showing stronger price performance for much of the year. Since launching in November 2025, XRP ETFs have taken in $1.39 billion versus $1.12 billion for Solana ETFs launched in October. The analysis argues the gap is tied more to regulatory and institutional factors than to network upgrades or price action.

Bitcoin failed to break above the $83,000 area and was trading around $76,750 as of Tuesday evening, down nearly 5% over the past week. Ali Martinez said BTC could rebound toward $94,850 if it stays above $72,960, but warned a break below that level could drag price toward the realized price near $54,270.

Goldman Sachs changed its crypto-linked ETF positioning in an SEC filing, fully removing XRP- and Solana (SOL)-related products while reducing its Ethereum (ETH) ETF exposure by about 70%. The disclosure also shows the firm still held roughly $700 million in Bitcoin ETFs and initiated a new Hyperliquid-related position valued at about $3.3 million.