Start now →

Can Ethereum’s price rally to $2,400 after BlackRock’s latest bet?

By Emilio Munoru · Published February 27, 2026 · 3 min read · Source: AMBCrypto
BitcoinEthereumTradingMarket Analysis
Can Ethereum’s price rally to $2,400 after BlackRock’s latest bet?
Ethereum

Can Ethereum’s price rally to $2,400 after BlackRock’s latest bet?

2min Read

Ethereum’s latest hike is forcing the market to pay attention again.

Posted: February 27, 2026 Avatar By: Emilio Munoru Journalist Edited By: Jibin Mathew George Can Ethereum's price rally to $2,400 after BlackRock's latest bet? Avatar Emilio Munoru Journalist Edited By: Jibin Mathew George Posted: February 27, 2026 Share this article

The broader crypto market has exhibited signs of renewed life recently. Bitcoin, for instance, pushed higher on the charts and liquidity followed.

Similarly, Ethereum reclaimed $2,000 and held it above it. That level mattered both psychologically and structurally.

Risk appetite has returned across major cryptos too, with capital rotating into large caps first. Including Ethereum. Hence, there is a key question to be addressed – What might help ETH sustain its strength above $2,000?

Ethereum dominates RWA growth in 2025

Ethereum [ETH] closed 2025 with $12.2 billion in RWA value locked. BNB Chain [BNB] trailed at $2.08 billion, while Solana [SOL] followed with figures of $1.18 billion.

Liquid Network stood at $974.8M, while Stellar [XLM] reached $890.2M. Arbitrum [ARB] posted $719.8M, and Others combined totalled $2.5 billion. Simply put, Ethereum alone surpassed the combined total of the aforementioned five chains.

Source: X

This is not incremental leadership though. It is structural dominance. The gap is illustrative of who the king of altcoins is. Institutions did not choose Ethereum by accident. They chose liquidity depth, custody integrations, and settlement reliability.

RWA growth is infrastructure gravity, not just a passing narrative.

BlackRock fuels institutional ETH demand

On 26 February, over $157,200,000 flowed into Ethereum ETFs. BlackRock added another $31,300,000 in direct Ethereum exposure. This did not seem to be a case of passive positioning though. It was risk-on capital entering with conviction.

Source: X

As expected, Ethereum’s price responded clearly to that buying pressure. The market looked constructive, and the acceleration followed institutional demand.

However, consistent buying across the broader market would be required to maintain this structure. Sustained inflows also would keep momentum intact and support continuation.

$2,000 reclaimed – Why $2,150 break could trigger $2,400 rally

Finally, on the price charts, something big appeared to be unfolding rapidly under the surface too.

ETH’s price reclaimed the psychological $2,000-level and held it firmly. Here, it is important to emphasize that failure to hold on would damage confidence quickly. The next resistance stands at $2,150.

Source: TradingView

Break that level decisively, and $2,400 will come into focus. As far as the altcoin’s short-term fortunes are concerned, continuation will depend on sustained strength above $2,000.

At the time of writing, the altcoin’s structure was prepared for such a possibility. However, the market must wait patiently for confirmation.


Final Summary

Next: AERO’s breakout – Traders should look out for THESE warning signs! Share Avatar Emilio Munoru Emilio is a cryptocurrency journalist, with a focus on breaking market news, Bitcoin and altcoin ETF flows, whale activity, liquidity moves, and major exchange listings. His coverage blends technical analysis with macro and on-chain data, helping readers understand how institutional behavior and new market catalysts drive volatility across digital assets. More Articles
This article was originally published on AMBCrypto and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →