Ethereum

A broad selloff on Saturday drove Ethereum below $2,400 for the first time since July 2, marking a seven‑month low and leaving it down more than 10% on the day and 18% for the week. Over $550 million in ETH longs were liquidated in the past 24 hours, exceeding BTC wipeouts of $475 million.

Ethereum has dropped about 15% over the past week and is now trading below its former ascending structure, testing a demand area near $2.5K while staying under the $3K psychological barrier. Price action on both the daily and 4-hour charts points to a dominant bearish bias, with any rebounds toward $2.7K–$3K likely facing renewed selling. A dense cluster of liquidations is building around and below $2.5K, making this zone pivotal for whether ETH stabilizes or extends its decline.

On Saturday, Ethereum, XRP and the wider crypto market saw a sharp pullback, wiping roughly $100 billion from total market value while Bitcoin declined more moderately. The move coincided with reports of Israeli airstrikes in Gaza and unfolded in thin weekend liquidity, with Ethereum leading liquidations and altcoins generally underperforming BTC. By 3:41 pm UTC on Jan. 31, 2026, Ethereum traded at $2,539.70, down 6.22% over 24 hours, as total crypto market capitalization hovered around $2.73 trillion.

According to the publication, ZKP Crypto is running a $5,000,000 giveaway with 10 winners receiving $500,000 each, alongside daily on-chain auctions releasing 190 million tokens every 24 hours. On January 18, 2026, Hyperliquid's foundation donated 10,000 HYPE to ZachXBT, while Ethereum's price action has drifted toward the mid-$2,600 area with downside levels cited at $2,550 and $2,400.

Solana’s daily active addresses climbed 115% by Jan. 28, with counts regularly above 5 million amid a burst of token launches. Ethereum’s daily activity rose 25% in January as fees dropped below $0.01 following network upgrades. A winter storm pressured seven U.S. Bitcoin miners, while a PayPal report found four in 10 merchants now take crypto.

On January 31, Lookonchain reported that wallet 0xd674 lost 4,556 ETH (about $12.4 million) after copying a spoofed address. The attacker allegedly used address poisoning by sending dust transactions that mimicked Galaxy Digital's deposit address, leading to a copy-paste error.

On 31 January 2026 at 12:20, the article profiled LivLive alongside Ethereum, Solana, XRP and Cardano. It states LivLive's presale has raised over $2.2M at $0.02 with a planned $0.25 launch and outlines modeled ROI scenarios, including a 200% token bonus code. It also notes SOL near $125–$127 and ADA around $0.35 within broader adoption themes.

Over the last 24 hours, the crypto market's total capitalisation has dropped by 6%, with Bitcoin and Ethereum falling to two‑month lows and pressure spreading to related equities. Strategy shares closed at $143.19, down 9.63% and at their weakest level since September 2024, while BitMine ended the session at $26.70, losing 9.89% and touching its lowest point since November 2025. Both companies, which hold large Bitcoin and Ethereum reserves, now face mounting scrutiny over treasury strategies that are highly sensitive to market volatility.

On January 5, 2026, Santiment published data ranking the most actively developed projects in the Ethereum ecosystem over the previous 30 days. The list is led by MetaMask USD, followed by Starknet, Chainlink, Radworks, Safe, Ethereum, Decentraland, Worldcoin, Status, and Cartesi, highlighting a focus on infrastructure, scaling, and governance rather than short-term price moves.

Ethereum is holding above the $2,600 support area as traders attempt to steady price action after a bout of volatility, with multiple analysts watching this level on lower‑timeframe charts. Upside scenarios focus on potential recoveries toward $3,050–$3,350, while failure to hold nearby supports around $2,710 and $2,450 could open room for a deeper slide toward the $2,400–$2,100 zone. Persistent weakness in the ETH/BTC pair underscores Ethereum’s underperformance versus Bitcoin and suggests that price swings may remain elevated in the near term.