Ethereum leads the stablecoin boom with an ETH price of $2,400

Buyers are returning to the Ethereum market as the price rises 7%, but it’s not just about the price; Stablecoins are hitting unprecedented records, which indicates a strong demand for the structure.

Stablecoin supply on the Ethereum network hit a new record of $180 billion, a 150% increase compared to $72 billion three years ago. This figure surpasses the previous estimate of $166 billion recorded in September 2025, and jumps by 8.4% in seven months despite the continued negative sentiment in the overall market.

Ethereum accounts for 60% of all global stablecoins, ahead of the TRON and Solana networks, powered by USDT which account for around 50%. Analysts expect stablecoins to reach $1.7 trillion by 2030, with Ethereum taking over $850 billion and a market share of 50%.

This forecast reframes the entire ETH price debate, from the long-term perspective to the long-term dominance of the stable sector. Upcoming promotions and initiatives related to ETFs are also contributing to the Q2 sector.

Are we really living in a time when things have changed? Or is it just another seasonal move in a boring market?

The price of Ethereum is about to break the resistance of $2,400

ETH’s 7% recovery in one day makes a lot of sense considering the current situation; $100 million worth of short positions were removed as they moved to $2,120 before the price was raised, establishing the last support base that analysts are currently relying on as long-term support.

For Ethereum, resistance gathers at the level of $2,400, a place that corresponds to the old high. However, the amount of sales is still a question; Although regression was evident in terms of adherence to guidelines, there was no strong follow-up that would have warranted the presence of group meetings rather than summaries.

Market sentiment remains fragile, with global risks potentially derailing any recovery at any time.

Although stablecoin data builds on the bottom, the price chart still requires additional confirmation.

The Maxi Doge project explores early opportunities in conjunction with the Ethereum blockchain

Ethereum hitting $2,250 with a daily gain of 7% is real strength. But getting a profit of more than 100% on a $270 billion valuation requires a special kind of patience or determination. At the moment, the volume of money revolves around various crypto sectors, and the initial projects built on the Ethereum network are attracting the attention of traders who want asymmetric growth opportunities.

One such project currently being traded is Maxi Doge ($MAXI), an ERC-20 meme token built around what they call a “1000x leverage trading mentality,” created by a giant 240-pound dog.

The pre-sale raised $4.7 million at a current price of $0.00028, while offering an annualized return (APY) of 66% to early participants. Other features include a business competition for board prize holders, Maxi Fund for liquidity and partnerships, and viral marketing with the tagline: “Don’t miss the legs, don’t miss the price hike.”