The crypto market is picking up steam, with Ethereum (ETH) eyeing a potential climb to $3,000 as supply on exchanges hits historic lows

Ethereum's price trajectory is positive, with on-chain data revealing a major drop in ETH's exchange supply. The supply has now hit its lowest point

The crypto market continues to show signs of recovery, with on-chain data revealing a major drop in ETH’s exchange supply. The decreased pressure on the token could propel it toward the $3,000 mark, especially if it manages to break through short-term resistance around $2,700.

However, for those seeking outsized returns, new projects like BlockDAG might present more promising opportunities. Already having raised over $265 million and locked at just $0.0020 until June 13, BlockDAG is aiming for a future price target of $20. This isn’t another presale; it’s shaping up to be one of the smartest crypto moves for 2025.

Ethereum’s Exchange Supply Hits 2015 Lows

As reported by crypto market intelligence firm Glassnode, the total ETH exchange supply has dropped to its lowest point since 2015. This signals that many investors are holding onto their ETH rather than selling, which reduces downward pressure on the token price.

According to technical analysis, if ETH can manage to stay above the key support level of $2,100 and break through the short-term resistance at $2,700, then it could continue its rally to reach the $3,000 mark.

Those interested in investing in ETH can also consider the Ethereum ETF products which are currently under review by the U.S. Securities and Exchange Commission. A recent report by Bloomberg suggests that the SEC is planning to meet this week to discuss six applications for spot Bitcoin ETFs from firms like BlackRock, WisdomTree, and Fidelity.

Further bolstering ETH’s longer-term prospects is the growing interest from institutional investors in the crypto space. As institutions like Fidelity and BlackRock enter the market, they are likely to prefer investing in the more established and mature crypto projects, such as Ethereum, which is known for its network upgrades and stronghold in DeFi and smart contracts.

However, it’s worth noting that while Ethereum’s growth potential remains as it continues to recover from the 2022 bear market, it seems more limited now compared to its earlier stages.

Those who invested in ETH during its early stages, when it was trading at less than $1, have enjoyed impressive returns as the token's price has surged to new highs in recent months. However, with ETH's market cap already large and its position in the market well-established, it’s less likely to deliver the same kind of life-changing returns for investors entering at this stage.

For those looking for projects with the potential for 100x or even 1,000x returns, new projects like Bittensor (TAO) and BlockDAG might be worth considering.

TAO Still A Solid Entry Despite 900% Rally, Says Analyst

The price of Bittensor (TAO) has soared by over 900% since the start of 2024, making it one of the best-performing altcoins this year.

According to an analysis by CaptainAltcoin, the rally for TAO might not be over yet, and the current price point just below $700 could still be a good entry point for investors.

Bittensor operates a decentralized machine learning network that enables users to contribute to and benefit from shared AI models. This unique technology places TAO at the intersection of AI and blockchain, a space that is gaining increasing attention.

The token also has a deflationary model and a limited supply, which provides strong bullish backing for TAO.

While a 100x return from this point might be less likely, considering that TAO has already risen sharply this year, the token's solid fundamentals and growing ecosystem make it an attractive option for those interested in AI-driven crypto projects.

BlockDAG Presale Surpasses $265M With 100 Million Tokens Up For Grabs Daily In Buyer Battles

BlockDAG, a project focused on merging blockchain technology with physical mining, has already raised over $265 million in its presale.

The project is offering early investors a chance to join at just $0.0020 per coin, an opportunity that is locked until June 13. After June 13, the price will rise to $0.0262, but it’s still early to enter a project that has such a long-term vision.

Those who manage to get in now could be eyeing potential 100x to 10,000x returns, considering that BlockDAG’s future price target is set at $20.

This isn’t another presale; it’s shaping up to be one of the smartest crypto moves for 2025, combining strong fundamentals with a real shot at massive returns.

BlockDAG is fully EVM-compatible, which makes it