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Ethereum Eyes $4K—Santiment Flags Volatility as These 4 Altcoins Heat Up
Ethereum’s rally toward $4K is backed by strong on-chain metrics and whale accumulation, according to Santiment.
Chainlink, Injective, and Render each enjoyed outsized gains due to increased utility, ecosystem expansion, and demand.
Arbitrum is still an altcoin with strong prospects, especially with Ethereum scaling on the horizon and token unlocks approaching.
Ethereum is approaching $4,000 again and is rekindling some optimism across the crypto space. Santiment has mentioned increased crowd interest, whale accumulation, and on-chain activity to spark volatility. As Ethereum continues to garner positive sentiment and prices, several altcoins, Chainlink (LINK), Injective (INJ), Render (RNDR), and Arbitrum (ARB), are hitting positive sentiment and price action.
Ethereum (ETH) Nears $4,000 Driven by Accumulation
Current price: $3,563.37
Market price: $430.2B
Ethereum has continued to move upward toward the $4,000 mark, largely due to Layer-2 rollup demand, in addition to institutional flows towards ETH-based ETFs Subscribers to Santiment have seen growth in the number of whale addresses holding at least 10K ETH, which represents a remarkable accumulation trend. Adding further confidence to investors, Ethereum is slated for upgrades to Proto-Danksharding, which will dramatically improve network efficiency.
Chainlink (LINK): Whales Accumulate as Oracle Demand Surges
Current price: $17.67
Market price: $11.94B
LINK has rallied over 14% this week, supported by increasing use of its Cross-Chain Interoperability Protocol (CCIP). Santiment reports show whale wallets aggressively accumulating LINK, reflecting strong faith in its long-term relevance. LINK’s unique role in connecting smart contracts to off-chain data sources makes it a superior asset during volatile market phases.
Injective (INJ): Derivatives Demand Drives 17% Weekly Gain
Current price: $13.37
Market price: $1.33B
INJ is up 17% over the past seven days as traders flock to decentralized derivatives protocols. Injective’s real-time order book DEX model offers a scalable, low-fee trading experience that is innovative among DeFi players. The token has also seen rising staking activity and total value locked (TVL), making it one of the most profitable mid-cap plays in the current cycle.
Render (RNDR): AI and GPU Demand Fuel Bullish Momentum
Current price: $3.99
Market price: $2.06B
RNDR has surged over 15%, boosted by growing demand for decentralized GPU rendering and AI infrastructure. As Web3 applications become more compute-intensive, RNDR’s real-world use case gives it a groundbreaking advantage. Analysts believe the token could outperform if the AI narrative continues to gain traction in both tech and crypto circles.
Arbitrum (ARB): Ecosystem Grows Rapidly Ahead of Major Unlock
Current price: $0.4204
Market price: $2.16B
ARB has gained 12%, despite looming token unlocks, thanks to increasing DeFi adoption and developer activity on the Arbitrum network. Santiment notes a spike in social volume and address activity, often a precursor to short-term rallies. As Ethereum scales through rollups, ARB remains an exceptional candidate to ride the next phase of L2 adoption.
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