The Ethereum ETH price has moved sharply higher this week. Traders are now watching for a breakout as momentum builds across the market. As ETH is trading at around $3,182 and above the $3,200 mark, confidence is being boosted at a high rate.
To a large extent, this strength is achieved following the new Fusaka upgrade being activated. Some investors are also looking at newcomers like Remittix (RTX), a rising payments project gaining attention for its real-world utility.
Ethereum ETH Price Surges After Fusaka Upgrade
Source: Tradingview
The Ethereum ETH price has reacted strongly to the Fusaka update, up 4.5% in the last 24 hours and outperforming the broader crypto market. The upgrade went live on Wednesday at 21:49 UTC and was finalized only minutes later. Fusaka includes big improvements for how Ethereum handles large batches of data coming from layer 2 networks, which settle thousands of transactions on top of Ethereum every day.
The update features a number of changes, but most notably includes two synchronized hard forks, one on the execution layer and one on the consensus layer. Perhaps most importantly, it introduces PeerDAS: a system allowing validators to check only small parts of data instead of full data blobs. This reduces cost, improves speed and lowers the hardware requirements for new validators.
According to developers, this will facilitate smaller operators joining Ethereum. It will also increase the decentralization and strength of the network. With continued momentum, ETH could break the $3,251 resistance zone and drive northward toward $3,500 in days.
ETH could retest $2,982 if a correction appears. In general, sentiment is positive now that the Fusaka upgrade has been turned on without issues.
How Rising Ethereum Strength Impacts Newcomers Like Remittix
While Ethereum’s rally is capturing attention, it also creates a spotlight for promising new projects that benefit from a strong market environment. Remittix is one of those names and many newcomers are watching how rising confidence around the Ethereum ETH price could push liquidity into early-stage projects. The Remittix wallet is now live on the Apple App Store.
Remittix is gaining traction because it focuses on real-world payments rather than pure speculation. As ETH moves higher and traders search for utility-driven opportunities, Remittix has become a popular pick for users who want something beyond standard DeFi activity.
Why traders say Remittix benefits from a bullish Ethereum market;
- The Remittix team has teased a big December announcement and many traders expect it to boost demand.
- Big CEX listings are confirmed, adding strong liquidity for new investors.
- Remittx is currently priced at $0.119 and has raised over $28.5 million and sold more than 692 million tokens.
- Real adoption grows as ETH draws new traders into the market, many of whom look for new utility projects.
Final Thoughts
The Ethereum ETH price breakout looks strong. It is supported by major upgrades and positive technical indicators. For newcomers like Remittix, this environment is ideal. Rising Ethereum strength brings more liquidity, more user interest, and more attention to new utility projects. Ethereum provides stability and momentum that traders can trust. Meanwhile, Remittix offers a new opportunity carrying real-world value.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
FAQs
1. What is driving the Ethereum ETH price rally?
The Ethereum ETH price is rising mainly because of the new Fusaka upgrade. If momentum holds, ETH may target higher levels this month. To stay updated, keep watching how ETH reacts to the $3,251 resistance zone.
2. How does the Fusaka upgrade help the Ethereum network?
Fusaka brings important changes, such as PeerDAS, which lets validators check smaller pieces of data instead of full blocks. This lowers costs and speeds up the network.
3. Can the Ethereum ETH price still fall after this rally?
Yes, strong rallies can still face corrections. If the market turns bearish, the Ethereum ETH price could fall back toward the $2,982 support area.
4. Why are investors watching Remittix during Ethereum’s breakout?
Remittix is getting attention because it focuses on crypto-to-bank payments, has CEX listings confirmed and already has a working iOS wallet.
5. Could both Ethereum and Remittix rise at the same time?
The Ethereum ETH price gaining strength often brings more users into the crypto space, which can push interest toward early projects like Remittix.
