Close Menu
    What's Hot

    Mulvihill Enhanced Split Preferred Share ETF declares CAD 0.0833 dividend

    September 7, 2026

    I Thought I’d Regret Moving to Europe, but I’m Happier Than Ever

    September 7, 2026

    Bitcoin Price Prediction: Buy-and-Hold vs Market Timing

    September 7, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Crypto»Ethereum Price Holds as Layer-1 Migrates to ETH
    Crypto

    Ethereum Price Holds as Layer-1 Migrates to ETH

    Press RoomBy Press RoomSeptember 7, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Author

    Ahmed Barakat

    Author

    Ahmed BarakatVerified

    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.

    Share


    Fact Checked by

    CryptoNews Editorial Team

    Author

    CryptoNews Editorial TeamVerified

    Part of the Team Since

    Sep 2018

    About Author

    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

    Last updated: 

    September 7, 2026

    Ethereum-inspired settlement hub absorbing a migrating Layer-1 blockchain in a polished crypto editorial scene

    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 via airdrop.

    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.

    🚨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

    — 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’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.

    Earn $50 and Enter $300K Prize Draw on EdgeX

    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.

    Trade Crypto on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop


    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Bitcoin Price Prediction: Buy-and-Hold vs Market Timing

    September 7, 2026

    Polymarket Ukraine Odds for Russia Ceasefire Crash to 13%

    September 7, 2026

    President Puts Pressure on the Fed

    September 7, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    Mulvihill Enhanced Split Preferred Share ETF declares CAD 0.0833 dividend

    September 7, 2026

    I Thought I’d Regret Moving to Europe, but I’m Happier Than Ever

    September 7, 2026

    Bitcoin Price Prediction: Buy-and-Hold vs Market Timing

    September 7, 2026

    What Critics Said About A24’s Secret Elizabeth Holmes Documentary

    September 7, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • September 2026
    • August 2026
    • July 2026
    • June 2026
    • May 2026
    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.