At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.
Treasure Global Inc. announced that it created an Ethereum-based Digital Asset Treasury today, May 7.
May 7, 2026, 4:39 pmThe Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.
May 7, 2026, 3:14 pm
Ethereum has picked up pace following the broader market recovery, with its price surging above the $2,400 mark once again. However, a crucial divergence is developing in the Ethereum market as futures and spot activity on key cryptocurrency exchanges start to move in different directions.
Ethereum (ETH) price hovers near $2,330 mid-week with sellers fading sharply, leaving an 8-hour reversal structure one candle away from confirming a possible bounce. The setup ties together a textbook bottoming pattern, an exhaustion signal on momentum, and an 85% drop in coins flowing onto exchanges.
According to Project Eleven’s latest report, about 65% of Ethereum (ETH) and 100% of Solana (SOL) are quantum-vulnerable. The latest numbers arrive as blockchains step up efforts to mitigate potential risks posed by future quantum capabilities.
Ethereum is struggling to push above $2,400 as buying pressure builds against resistance that has capped the recovery at every recent attempt.
Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.
How is Ethereum staking helping Sharplink steadily grow its treasury holdings?
Ethereum price started a fresh increase and remained stable above $2,380. ETH is now correcting gains and might decline if it trades below $2,300. Ethereum started a downside correction from the $2,420 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average.
Ether has been stuck below the $2,400 level for three months, with year-to-date losses of 21% against an 11% drop in total crypto market cap.
Tokenized US Treasury products on Ethereum hit an all-time high of $8 billion in May 2026, doubling in just six months.
$2,292.69 -2.34%
$276.80B Market Cap
$20.60B Total Volume (7.44%)
$4,946.05 All Time High -53.65%
until new daily candle
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