Ethereum Price Rises 3% to $2,963 Amid Quantum Resistance News
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 2h ago- Quantum Resistance Progress: The Ethereum Foundation has confirmed it has moved into the execution phase of post-quantum upgrades, expected to be completed on schedule, enhancing Ethereum's security against future quantum computing threats, thereby boosting investor confidence and market value.
- Network Upgrade Plans: A dedicated post-quantum team has been formed by the Ethereum Foundation, with biweekly All Core Devs calls starting February 4, 2026, to discuss execution and implementation strategies, ensuring the network's resilience across execution, consensus, and data availability layers.
- Technical Indicator Analysis: Ethereum's price shows signs of recovery near the $2,850 support level, with technical charts indicating a potential move towards the $3,300 target range, suggesting that buying momentum is regaining strength and market sentiment is improving.
- Market Dynamics Monitoring: Investors are closely watching the critical $2,900 to $3,000 area, and if Ethereum maintains support and continues to rise, short-term traders will benefit from a favorable risk-reward setup, further driving price increases.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
