Ethereum is gaining new momentum after Coinbase rolled out a major update to its on-chain lending services.
The platform currently accepts ETH as collateral, a move that could strengthen Bullish prediction for Ethereum price In the coming weeks.
Previously a loan product only available to Bitcoin holders, eligible users can now borrow up to $1 million in USDC without selling their ETH.
This integration is intended to serve long-term holders seeking liquidity for expenses such as down payments or debt refinancing without triggering a taxable event.
Services that are increasing in demand during this cycle. According to a report by Galaxy Research, crypto-backed loans reached a record high of $73.6 billion in the third quarter.
Coinbase’s BTC-backed loans alone have already borrowed more than $1.27 billion and provided more than $1.38 billion in collateral from around 16,000 customers, according to company data.
For Ethereum, this strengthens its broader financial appeal by helping bridge TradFi and DeFi. This structure mirrors traditional securities-backed credit facilities, making ETH a more reliable balance sheet asset for financial institutions.
Ethereum Price Prediction: Financial Institutions Could Rescue ETH Downtrend
This long-term holding incentive could help stabilize price movements against recent market headwinds, especially as ETH weathers a potential bullish head-and-shoulders pattern.
A historic demand zone around $2,750 exists as a potential bottom to the right shoulder, especially as momentum indicators point to a reversal.

The RSI has reached the oversold threshold of 30, a typical bottom marker where sellers reach exhaustion and buyers intervene. The MACD confirms the weakening of selling pressure and is flattening below the signal line in the early stages of a trend reversal.
A fully realized pattern breakout could result in a neckline recovery. $5,500surpassing all-time highs and turning into a new price discovery with a 100% move.
But as the bull market matures, that push could extend even further if Ethereum continues to make its way onto mainstream balance sheets through the accumulation of corporate bonds and ETFs. 365% to $10,000.
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