Ethereum (ETH) showed strong momentum last week by breaking above the $1,700 resistance and rallying nearly 15% until Saturday. However, after retesting the daily resistance at $1,861, ETH faced selling pressure and pulled back slightly. As of Monday, Ethereum trades around $1,773. This price action has put the next Ethereum price prediction into sharp focus.
If ETH closes below $1,700, it could lead to a deeper correction, potentially retesting the next major support level around $1,449. The Relative Strength Index (RSI) on the daily chart stands at 53 and is pointing downward toward its neutral level of 50. A drop below 50 could signal fading bullish momentum and increase the risk of a sharper decline.
Key points to watch:
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Closing below $1,700 could trigger more losses.
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Breaking above $1,861 could push ETH toward $2,000.
New Scalability Proposal: EIP-9698
Ethereum Foundation researcher Dankrad Feist has introduced EIP-9698, a bold plan to increase Ethereum’s gas limit by 100 times over four years. If implemented, this could raise Ethereum’s transaction capacity to over 2,000 transactions per second, making it more competitive with faster blockchains like Solana.
Challenges include:
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Increased load on less-optimized nodes
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Longer block propagation times
However, Feist believes the gradual increase will give node operators enough time to adapt.
Also Read: Cardano Price Prediction 2025, 2026 – 2030
New Fee Structure to Support Developers
Alongside scalability efforts, community members have proposed a new dynamic application fee model. This would lower fees as app funding grows, supporting smaller developers while keeping Ethereum economically competitive.
With rising competition from other blockchains and lower activity at the base layer, these upgrades could play a critical role in strengthening Ethereum’s long-term future.
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