Here’s why the ETHFI price has gone parabolic

By: bitcoin ethereum news|2025/05/16 05:45:05

Ether.fi token continued its strong rally, reaching its highest level since February, even as Bitcoin and other altcoins retreated. Ether.fi (ETHFI) jumped to $1.60, up more than 300% from its April low, giving it a market cap of over $420 million. ETHFI, a liquid staking and restaking network on Ethereum (ETH), jumped as the total value locked soared to $6.8 billion. This increase made it the fourth-biggest player in decentralized finance after AAVE, Ldo, and EigenLayer. The assets have soared by 52% in the last 30 days. This growth has led to higher fees collected by the network. It made $3.15 million last week, up from $2.65 million a week earlier. It has already made $2.35 million this week so far. Ether.fi is using these fees to buy back its tokens, an initiative intended to support token value. In an X post on Thursday, the developers announced plans to repurchase ETHFI tokens worth 103 ETH using last week’s fee revenue. In a recent update, the team stated that buybacks will occur weekly using withdrawal fees and monthly using all other protocol revenues. All repurchased tokens will be distributed to staked ETHFI holders. 103 ETH of revenue from the prior week will be used for $ETHFI buybacks. Buyback execution update coming soon. — ether.fi Foundation (@ether_fi_Fdn) May 15, 2025 ETHFI price analysis The daily chart shows that the ETHFI price has jumped to $1.6080, its highest level since February this year. This rebound happened after it formed a falling wedge pattern, a popular bullish reversal sign. It has also moved above the important resistance point at $1.1320, its lowest point on August 5 last year. It has also moved above the 50-day and 25-day Exponential Moving Averages. The Relative Strength Index has moved to the extreme overbought point of 85. Also, the Average Directional Index has moved to 42. Therefore, it will likely continue rising as bulls target the next point at $3.1282, the highest point in December, which is about 100% above the current level. A drop below the support at $1.1318 will invalidate the bullish outlook. Source: https://crypto.news/heres-why-the-ethfi-price-has-gone-parabolic/

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...

Dan Bin takes action, building a position in Circle

If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.

The Impossible Triangle of DeFi Lending

Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.

Bitcoin ETF News: Why Bitcoin Is Falling Even After $2.43B ETF Inflows in April

Bitcoin ETF news today shows $2.43B in April inflows as institutions absorbed thousands of BTC, yet the price dropped from $79K to $76K. Traders are now watching whether the $80K resistance breaks or triggers another pullback.

What Is RWA in Crypto? Real-World Assets Explained (2026 Guide)

What Is RWA in Crypto?RWA stands for Real-World Assets — traditional financial assets like bonds, real estate, gold, and private credit that have been converted into blockchain tokens.

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

The narrative of RWA is not about traditional finance trying to capture crypto users, but rather crypto trying to capture traditional users.

Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think

Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.

Oracle: The Second Battlefield Behind the Prediction Market War

By 2026, the oracle track has essentially evolved from the early "data pipeline" into a "verifiable facts layer" that supports the entire on-chain economy, and prediction markets serve as a magnifying glass to observe the competition in this red ocean.

a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."

The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure

Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S

Overview of Important Market Events on April 28

From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic

This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...

Why Private Credit Became the First True Bridge from TradFi to DeFi

Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.

My view on blockchain has changed

In-depth Reflection on the Value of Blockchain Applications and the Time Dimension

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Why can't AI agents just swipe bank cards? An article to understand the new tiered payment system: stablecoins and blockchain are becoming the exclusive settlement language and verifiable trust foundation of the "machine economy" era.

Deconstructing 80 mainstream payment institutions and wallets worldwide

A comprehensive analysis of the global top 100 payment companies. Led by Alipay and WeChat, this article provides insights into the business logic and competitive advantages of over 80 top players.

The MiCA Fast Track for Cryptocurrency Licenses: Why OKX and BVNK Choose Malta

Countdown to the EU MiCA Licensing: Why do crypto giants like OKX choose Malta for their "first license"? A deep dive into the CASP license application process, business portfolio logic, and compliance pitfalls guide.