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Ethereum Price Holds as Another Layer-1 Moves to ETH

Ethereum Price Holds as Another Layer-1 Moves to ETH

<p>Ethereum holds near $2,490 as Harmony sunsets its Layer-1 and migrates ONE to ETH. Key resistance, support levels, and where capital is rotating.</p> <p>The post <a href="https://cryptonews.

Ethereum price is trading at $2,490, a quiet number that&#8217;s about to get more interesting. Harmony, the sharded Layer-1 that launched mainnet in 2019, just announced it&#8217;s sunsetting its blockchain and migrating its native ONE token to Ethereum via airdrop. Harmony&#8217;s X announcement cited threats from &#8220;state actors and AI agents&#8221; 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 &#8220;governors&#8221; for Harmony&#8217;s proposed next act: a &#8220;remix economy&#8221; built around AI video creators and fan-forked content.
HARMONY PLANS TO SHUT DOWN ITS CHAIN AFTER 7 YEARS!@harmonyprotocol proposed killing the 2019 mainnet and moving $ONE to Ethereum after a final-block snapshot and airdrop.The team cited threats from state actors and AI agents, and said it will pivot into an AI video remix… pic.twitter.com/W9VjKrbxNF&mdash; Crypto Banter (@crypto_banter) September 6, 2026
Tokens will be snapshotted across wallets, staking delegations, and exchanges, then airdropped 1:1 on Ethereum. So, no action is required from holders.It&#8217;s another data point in a pattern that&#8217;s been building all year: Layer-1 chains folding into Ethereum&#8217;s settlement layer rather than competing with it. That migration narrative lands right as Ethereum&#8217;s own roadmap pivots back toward base-layer scaling, which changes how this price action should be read. Earn $50 and Enter $300K Prize Draw on EdgeXCan Ethereum Price Hit $2,600 This Week?ETH&#8217;s current print of $2,490 sits within a tight consolidation band that&#8217;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.Ethereum (ETH)24h7d30d1yAll timeIt 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 PresalesMaxi Doge Targets Early Mover Upside as Ethereum Tests Key LevelsHolding 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 $300 billion in market cap isn&#8217;t exactly asymmetric. That&#8217;s the case for looking smaller and earlier.Enter Maxi Doge ($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.
pic.twitter.com/Vg6OpDX6Bq&mdash; MaxiDoge (@MaxiDoge_) August 13, 2026
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.Trade Crypto on Bybit and Get a Chance to Win Our $1,000 USDT AirdropThe post Ethereum Price Holds as Another Layer-1 Moves to ETH appeared first on Cryptonews.

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