Led by Ethereum (ETH), the altcoin market rebounded strongly in the last 24 hours following the latest Bitcoin rally. This upward momentum was fueled by the debunking of the story that DeepSeek had any meaningful impact on the crypto markets. Ethereum (ETH) rose to the region of $3,200 before falling again.
Meanwhile, a new DeFi project, 1FUEL (OFT), has been catching the attention of investors who usually focus on more established altcoins. Read on to discover why Ethereum holders are having trouble resisting 1Fuel’s presale and why a 100x potential is fueling its astronomic trajectory.
Ethereum (ETH) Sees Renewed Whales Interest; Nears $3,200
After spot ETH ETFs have been approved by the U.S., there have been notable outflows from the institutional landscape of Ethereum. Despite record inflows, demand for ETFs’ according to the latest data, slowed to levels last seen in mid-December. BlackRock’s inflows were the exception; its ETHA gathered $20.6 million in net inflows as of Monday.
As of Tuesday, January 29, ETH trades at $3,088. Onchain metrics from Glassnode show a renewed whale interest in the network, as 13 large-scale investors joined the network in the span of 24 hours. This institutional activity comes as Vitalik Buterin and core Ethereum developers continue work on the network development front. Despite all, the network still remains dominant in DeFi with around $63 billion in total value locked (TVL) as well as $116 billion worth of stablecoin market cap in its layer one ecosystem.
With Ethereum’s Pectra upgrade approaching, the network is getting ready to make some major changes to the validator system. These changes include raising the base staked ETH units, and as a result, services like Lido DAO (LDO) would need to change their staking requirements.
Benjamin Cowen, a crypto analyst, says Ethereum could retest support ranges of $2,300 on its way out of its latest price dump and start another bullish stage. This prediction is tied to the broader U.S. economy, such as the Federal Reserve’s first interest rate decision of 2025.
Cowen stated that the ETH/BTC pair may finally bottom out during QE. Nevertheless, a short term bullish sentiment in Ethereum can turn bearish as long as the price does not gain above $3,870 – $4,000 resistance area and attempts to close higher.
1Fuel Takes the Market by Storm; Nears $2 Million
More and more, experts are seeing 1Fuel blowing up in 2025. The DeFi wallet has already raised almost $2 million and stormed the market, enthralling major investors. The presale is in its third phase and now has sold over 160 million tokens.
Some of the unique characteristics of the platform are 1-click cross-chain trading technology and secure cold storage solutions that eliminate typical DeFi ecosystem pain points such as high transaction fees, security vulnerabilities, and complicated user interface.
Industry analysts are bullish on 1Fuel’s prospects, estimating that presale investors could realize up to 300% and possible larger gains later. The DeFi gem has focused on finding solutions to typical DeFi problems, with technological fixes, to improve user experience. Investors are also interested in its current presale pricing.
In the DeFi space, the project differs itself by offering the most complete user experience with the lowest security compromise and interoperability with other chains. Then, the early investors see this early entry price as their chance to enter before the presale runs out.
Should I invest in 1Fuel?
1Fuel’s presale has been quite successful, with tokens now available at $0.017. Sales of over 150 million tokens have confirmed the project’s market interest. Investors who took part in the first stage of the token sale at $0.01 have enjoyed an early crypto gain of 70% already.
Market analysts are predicting that returns of up to 500% remain in the cards for the remaining presale stages, with even more opportunities to grow after listings on major cryptocurrency exchanges come in. Investors eyeing high-growth crypto are making comparisons to early-stage investments in successful memecoin projects.
Click the links below to find out more about the 1Fuel token ongoing presale:
Website: https://1Fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
