- Ethereum consolidates near $2,536 as momentum indicators hint at a potential cooldown.
- Whale accumulation grows, but technicals suggest short-term caution despite long-term confidence.
As Ethereum [ETH] continues to evolve, its core challenges around decentralization and infrastructure resilience are coming into sharper focus.
Co-founder Vitalik Buterin has issued a timely warning against over-reliance on centralized RPC services, calling for a transition to stateless nodes to preserve the network’s trustless nature.
At the same time, on-chain data revealed a surge in accumulation by Ethereum whales holding between 10,000 and 100,000 ETH — an unmistakable signal of growing confidence in the protocol’s long-term trajectory.
Buterin’s push for stateless nodes
Vitalik Buterin is sounding the alarm on Ethereum’s growing reliance on centralized RPC services — third-party gateways that most users depend on to access the network.
While convenient, these services concentrate control in the hands of a few. It also opens the door to censorship, surveillance, and systemic risk.
Buterin argues this trend undermines Ethereum’s foundational ethos of decentralization.
To counter it, he’s advocating for stateless nodes — lightweight clients that don’t require storing the entire blockchain.
The goal is clear: make running a node as accessible as using an app, giving users more control and restoring Ethereum’s decentralized backbone.
Whale confidence grows
While Buterin champions a leaner, more decentralized Ethereum, the network’s largest holders are making bold moves of their own.
On-chain data shows that wallets holding between 10,000 and 100,000 ETH are quietly increasing their stakes — a sign of strong conviction in Ethereum’s long-term value.
Source: X
The trend suggests that institutional players and HNIs view the current developments as strategic groundwork for the next phase of growth.
Price stalls as momentum cools
ETH price action has entered a period of consolidation following its sharp rally post-Pectra.
Source: TradingView
As seen on the chart, the coin hovered around $2,536 at press time. Recent candles reflected reduced volatility and volume.
The RSI sat just below overbought territory at 69.18, showing a potential pause or pullback. Meanwhile, the MACD showed a weakening bullish momentum, with the gap between the MACD and signal line narrowing.
The cooling phase suggests traders are in wait-and-see mode. Perhaps, they’re digesting recent gains as the market searches for its next directional cue.
