Ethereum TVL Climbs 40% As ETH and Cardano Set for Major Price Rallies

The Ethereum price rally may have slowed down in the last few days, but its network activity continues to rise. According to DefiLlama, the total volume locked (TVL) on the Ethereum network has surged by 40% over the past 30 days.

The network growth and interest in ETH have led analysts to share very optimistic predictions for the altcoin. Cardano, which underperformed other top crypto coins in the last move, is another altcoin that experts believe is ready for a major move.

Ethereum TVL Jumps, Analysts Expect Price To Follow Soon

The Ethereum decentralized finance (DeFi) market has recorded remarkable growth as prices jumped over the last month. According to data from DeFiLlama, the TVL of Ethereum has increased by 39.1% over the last 30 days, reaching $84.985 billion in the process. 

The growth in Ethereum’s TVL has pushed the TVL of the DeFi market to a three-year high of $153 billion. The price action of ETH has been equally bullish. The Ethereum price has risen by 60% from $2,423 to $3,887 over the past 30 days. 

Ethereum has increased its price in the wake of an institutional investment boom led by Sharplink Gaming ($1.3 billion treasury invest) and BitMine ($2 billion ETH purchase). Fueled by the rekindled interest from institutional investors, analysts expect the price of Ethereum to go on another rally.

Analyst Michael van de Poppe advised investors to buy every dip as the price of Ethereum will surely cross $4,000 in this move. Ted Pillows agrees with this move, saying on X that ETH’s defence of its support level at $3,800 prepares it for a rally above $4,000.

According to ZynWeb3, this rally could continue all the way until the Ethereum price crosses $4,300 by the end of this week. In the long term, BitMine’s chairman, Tom Lee of Fundstrat, described ETH as the “biggest macro trade over the next decade,” while predicting a potential price of $60

Cardano Price Eyes $1.50 With Breakout Pattern

While the likes of ETH have been on an uptrend over the last week, the Cardano price has plunged by 8% on the 1W timeframe. Despite this bearish price action, the analyst PAYKASH has confirmed a bullish breakout pattern for ADA.

The analyst explained that ADA has formed a clear double bottom pattern and broken above the neckline for a bullish breakout pattern. With the Cardano coin now retesting the new support zone, it forms a solid base for a potential rally towards $1.5.

Michael Pizzino, another analyst, has also highlighted a breakout from a descending resistance trendline. Pizzino is of the opinion that the Cardano price can rally up $1.66 or higher. However, ADA must first reach the $0.99 resistance level. 

Charles Hoskinson highlighted a major network move that could trigger a major rally for the Cardano coin. Hoskinson, in a recent interview, indicated that Cardano is establishing itself as a serious yield layer in Bitcoin. He believes this move will radically alter the network’s valuation.

The Road Ahead for Ethereum and Cardano 

The coming weeks appear to be pivotal for both Ethereum and Cardano. Ethereum will need to hold its $3,800 support level to extend its gains above $4,000 for the first time since December 2025. For Cardano, bulls need to wake up to reclaim the $1 support level before any explosive rally can happen.