Tether has officially launched USAT, a new U.S. dollar–backed stablecoin designed to operate under the GENIUS Act, the federal stablecoin framework signed into Tether has officially launched USAT, a new U.S. dollar–backed stablecoin designed to operate under the GENIUS Act, the federal stablecoin framework signed into

Ethereum Surges 3% as Post-Quantum Security Upgrades Gain Momentum

2026/01/28 10:55
3 min read

Ethereum’s price surged 3% in the last 24 hours, climbing to $2,963, after investors responded positively to news that Ethereum is on track to become quantum-resistant, ensuring its blockchain remains secure even if powerful quantum computers appear in the future.

Antonio Sanso, a cryptography researcher at the Ethereum Foundation (EF), confirmed that the foundation has moved from research into the execution phase of post-quantum (PQ) upgrades and is confident it will meet its planned timeline.

Post-quantum security is now a top priority for Ethereum. The EF recently formed a dedicated Post-Quantum team led by Thomas Coratger and will hold biweekly All Core Devs calls starting Feb. 4, 2026, to discuss progress and implementation strategies. These upgrades will touch Ethereum’s execution, consensus, and data availability layers, making the network more resilient against future quantum attacks.

While overall progress is estimated at around 20%, Sanso emphasized that the EF has been preparing for this transition for years, with a clear roadmap guiding development. This work is part of the broader “Lean Ethereum” initiative, which aims to make the network faster, simpler, and more decentralized while integrating zero-knowledge (ZK) technology alongside quantum-resistant solutions.

Investors see this proactive approach as a strong differentiator, particularly when compared to Bitcoin, where leaders have been slower to act on quantum-proof upgrades.

Ethereum Price Signals Bullish Reversal Near $2,850 Support

Ethereum price shows signs of recovery after recent consolidation near a major support level around $2,850. The 4-hour chart indicates that ETH is attempting to stabilize after a pullback from the $3,250 resistance zone. Technical indicators show a possible bounce toward the reward zone with an initial target price near $3,300, as bulls aim to reclaim previous highs.

The chart highlights a rounded bottom pattern, a classic bullish reversal formation, signaling that the downtrend may have ended and momentum is shifting in favor of buyers. This pattern is supported by multiple touches at the major support level, confirming a strong buying interest at these prices. If the pattern plays out, ETH could see a sustained move upward toward the upper resistance zone.

Key resistance lies in the $3,250–$3,300 area, which has historically capped gains. Traders are likely to watch for a breakout above this zone, as it would indicate renewed bullish strength and could open the door for further gains toward $3,400. On the downside, failure to hold the $2,850 support may prompt short-term sellers to push prices lower, with the next support seen near $2,750.

ETHUSD Analysis Source: Tradingview

The Relative Strength Index (RSI) on the 4-hour chart is near 50, showing neutral momentum but trending slightly upward, suggesting that buyers are gradually regaining control. A move above 60 on the RSI could confirm bullish momentum, while a drop below 40 may signal renewed selling pressure.

Right now, Ethereum is positioned in a critical zone where market direction over the next few sessions will determine if the bullish reversal continues. Traders and investors are likely to monitor price action closely, especially around the $2,900–$3,000 pivot area, for potential entry opportunities.

If ETH maintains support and momentum, a climb toward the $3,300–$3,400 target range appears plausible, offering a favorable risk-to-reward setup for short-term traders. ETH’s technical outlook aligns with positive market sentiment around Ethereum’s ongoing network upgrades and long-term security initiatives, which continue to bolster investor confidence.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared on BitcoinEthereumNews.com. A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim into authorizing fund transfers without triggering obvious red flags. Yu Xian, founder of blockchain security company SlowMist, noted that the victim did not recognize the danger because the transaction required no gas fees. He wrote: “From the victim’s perspective, he just clicked a few times to confirm the wallet’s pop-up signature requests, didn’t spend a single penny of gas, and $6.28 million was gone.” How Permit exploits work Permit approvals were originally designed to simplify token transfers. Instead of submitting an on-chain approval and paying fees, a user can sign an off-chain message authorizing a spender. That efficiency, however, has created a new attack surface for malicious players. Once a user signs such a permit, attackers can combine two functions—Permit and TransferFrom—to drain assets directly. Because the authorization takes place off-chain, wallet dashboards show no unusual activity until the funds move. As a result, the assets are gone when the approval executes on-chain, and tokens are redirected to the attacker’s wallet. This loophole has made permit exploits increasingly attractive for malicious actors, who can siphon millions without needing complex hacks or high-cost gas wars. Phishing losses The latest theft highlights a wider trend of escalating phishing campaigns. Scam Sniffer reported that in August alone, attackers stole $12.17 million from more than 15,200 victims. That figure represented a 72% jump in losses compared with July. According to the firm, the most significant share of August’s damages came from three large accounts that accounted for nearly half…
Share
BitcoinEthereumNews2025/09/19 02:31
Why is the Trump-backed WLFI Token Price Up Today?

Why is the Trump-backed WLFI Token Price Up Today?

The post Why is the Trump-backed WLFI Token Price Up Today? appeared first on Coinpedia Fintech News World Liberty Financial’s native token WLFI, backed by the
Share
CoinPedia2026/02/09 18:54
Unlock 24/7 Crypto Blackjack Customer Support Now

Unlock 24/7 Crypto Blackjack Customer Support Now

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos Did you know BC.Game supports
Share
Cryptsy2026/02/09 19:33