Ethereum Price Holds as Layer

Ethereum Price Holds as Another Layer-1 Moves to ETH

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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Ahmed Barakat
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Part of the Team Since
Mar 2024
About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 
September 7, 2026

Ethereum price is trading at $2,490, a quiet number that’s about to get more interesting. Harmony, the sharded Layer-1 that launched mainnet in 2019, just announced it’s sunsetting its blockchain and migrating its native ONE token to Ethereum

Harmony’s X announcement cited threats from “state actors and AI agents” as reasons to fully sunset the network, with validators given until September 10 to cease node operations. A $1.37 million pool will compensate validators who transition into “governors” for Harmony’s proposed next act: a “remix economy” built around AI video creators and fan-forked content.

Tokens will be snapshotted across wallets, staking delegations, and exchanges, then airdropped 1:1 on Ethereum. So, no action is required from holders.

It’s another data point in a pattern that’s been building all year: Layer-1 chains folding into Ethereum’s settlement layer rather than competing with it. That migration narrative lands right as Ethereum’s own roadmap pivots back toward base-layer scaling, which changes how this price action should be read.

Can Ethereum Price Hit $2,600 This Week?

ETH’s current print of $2,490 sits within a tight consolidation band that’s held for over a week, following a 70% rebound from earlier-year lows. Daily ranges have been shallow, with Binance data showing a session low of $2,477.99 and a high of $2,534.08 — suggesting compressed volatility.

Resistance clusters around $2,513–$2,550, a zone technicians flag as a wedge ceiling; a clean break opens room toward $2,600–$2,800. Support sits at $2,350–$2,400, with deeper moving-average support near $2,212–$2,293.

It needs resistance cracks on volume, with upside targets extending to $2,800, or it would continue to chop between $2,400 and $2,550 while the market waits for the Glamsterdam and Hegota fork timelines.

However, rejection at $2,554 (the 100-week EMA) triggers a slide toward the $2,161 200-day EMA. This is a level some analysts warn could shave 40% off from here. Worth watching either way.

Discover: The Best Token Presales

Maxi Doge Targets Early Mover Upside as Ethereum Tests Key Levels

Holding ETH through this consolidation has been fine, not thrilling. At $2,490, anyone who bought the earlier rebound is sitting on gains, but chasing a breakout above $2,550 on an asset already priced near $300 billion in market cap isn’t exactly asymmetric. That’s the case for looking smaller and earlier.

Enter Maxi Doge ($MAXI), an ERC-20 meme project built around, essentially, gym-bro trading culture. It has the 1000x leverage energy, holder-only trading competitions, and a Maxi Fund treasury for liquidity and partnerships.

The presale has raised $4.8 million at a current price of $0.0002837, with 60% APY staking live for participants. Standout features include leaderboard-based trading competitions and viral meme-first marketing aimed at outflanking legacy dog coins on mindshare.

Research Maxi Doge directly before presale ends.

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