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Cardano price today is trading near $0.815, consolidating just above the $0.80 ascending trendline support after a volatile week. Sellers tested the lower triangle boundary multiple times, but buyers have managed to hold this key zone as sentiment steadies around the Hydra upgrade.

Ethereum (CRYPTO: ETH) price today trades near $4,048, testing resistance after reclaiming the $4,000 psychological mark. Buyers are attempting to extend gains from last week’s $3,700 low, but the token remains capped under the descending trendline that has shaped the market since early September. With UK regulators approving retail access to crypto exchange-traded products, investors now weigh whether this catalyst is enough to drive ETH out of its consolidation zone.

Cardano price today is trading around $0.83, holding just above key support after a week of selling that pushed the token below $0.85. The market has been consolidating inside a wide symmetrical pattern, with repeated failures to break higher adding to bearish caution.

The cryptocurrency market experienced sideways trading patterns with holding steady at $107,062, posting a minimal 0.06% gain. Ethereum dipped 0.71% to $2,447 as investors adopted defensive stances ahead of key market catalysts.

The Ethereum Layer 2 (L2) ecosystem is experiencing a severe revenue crunch and market consolidation, according to a new report. Collective revenue for L2 networks outside of the top three, Base, Arbitrum, and Optimism, collapsed by 98% between March and May, falling from a peak of $53.8 million to under $1 million.

The price of Optimism (OP) has experienced a sharp 17% drop over the past seven days, stirring concern among investors.