The Worldcoin price seems to be ready to defend $1 support as it has remained firmly above the levels throughout the day. However, the bearish pressure over the markets was somewhat negligible, but the WLD bulls have managed to keep up the momentum of the rally. The technicians have been displaying strong directional movement, which favors a decent rise in the price. After the key development, here’s what’s next for the WLD price rally.
The platform has entered the U.S. market, which has marked a major milestone for the crypto industry. It has launched the World ID, or Orb in six U.S. States: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. The Sam-Altman-led project aims at identity verification and offers WLD tokens for users who do so. With this, the demand for the token is expected to increase subsequently, and with the latest rise, the bulls seem to have gained huge control over the rally.
The weekly chart of Worldcoin displays that the price has reached the lowest level of the consolidation, attracting the bulls. The buying pressure has grown considerably, which has pushed the price above the conversion line of the Ichimoku cloud. If the price maintains a considerable ascending trend, the conversion & base lines of the Ichimoku could undergo a bullish crossover, validating the start of a fresh bullish trend. On the other hand, the weekly MACD shows a drop in the selling pressure and with a rise in the buying volume, the price may also begin to surge.
The US launch was accompanied by Coinbase listing the WLD token, enabling trade for US customers. Therefore, the volume is said to increase notably in the coming days, which could positively impact the WLD price. The next pitstop for the rally is the pivotal resistance zone between $2.2 and $2.4, and a rise above this range could elevate the levels to $4, completing the double bottom pattern. Hence, a breakout from here could trigger a strong upswing towards the double-digit figure.
Ethereum co-founder Vitalik Buterin recently outlined his goals and vision for Ethereum in 2025. His vision is to expand the network and enhance the technical and social foundations of Ethereum.
Buterin discussed the most important things he will be working on this year. This includes Ethereum’s Layer 1 long-term roadmap and ensuring the blockchain’s security, decentralization, and privacy features.
Vitalik Buterin Shares His Goal For Ethereum
In his blog post, Vitalik Buterin mentioned specific areas of focus for Ethereum’s development in 2025. Buterin’s primary priority remains Ethereum itself, with particular attention to the Layer 1 long-term roadmap. This includes technological innovations like “single-slot finality, long-term VM, statelessness, security/resilience/decentralization.”
His vision for ETH comes as Cardano flipped Ethereum in developer activity. Buterin also emphasized that “full-stack security, open source and privacy” are of utmost concern. He explained that you have to ensure “Ethereum is usable in a way that is very secure, has no centralized middlemen, and protects privacy” on everything, including wallets and apps.
And my personal focuses (and non-focuses) for 2025. Should be predictable from things I’ve done and written, but it’s worth re-stating explicitly. https://t.co/e4yvRmrTOapic.twitter.com/XvSFbvlEUp
Beyond Ethereum’s core protocol, Vitalik Buterin mentioned his focus on what he terms “big-picture d/acc.” This includes communication tools, information and social layer development, mechanism design for governance, and public goods/open source funding. Additional areas of interest include “cryptography, OS, hardware, physical infra, bio defense.”
Interestingly, Buterin also acknowledged areas where he is relatively less involved and where other team members are taking the lead. These include the practical aspects of short-term scaling as well as peer-to-peer technology, block construction, other research areas, and proven application layer categories.
Vitalik wants everyone to benefit from ETH
According to documentation shared by Vitalik Buterin, a core goal for ETH is to “maximize the number of people who (directly or indirectly) use Ethereum, in such a way that they benefit from Ethereum’s underlying values.” This vision extends beyond simple user counts to focus on meaningful usage that delivers real value.
The documentation shares several forms of meaningful usage like “Internet-native financial access” for people using tokenized assets on Ethereum or DeFi for payments, savings, and wealth building. Some other notable examples are “Internet-native organizations” such as DAOs with programmable rewards, “decentralized social media” platforms with content held on decentralized networks, and “decentralized AI” systems on Ethereum.
Vitalik Buterin wishes for ETH to be technologically and socially robust in 2025. He emphasizes the ecosystem’s independence, common values, diverse teams, robust networks, decentralization, and preparedness for risks. This could potentially help boost the ETH price, which is close to 40% down over the last year.
Ethereum reached a notable milestone earlier this month when the US Securities and Exchange Commission (SEC) approved options trading for several spot exchange-traded funds (ETFs). The move is expected to increase liquidity, attract interest from institutional investors, and solidify Ethereum’s position as a major cryptocurrency.
Yet Ethereum’s smaller market cap relative to Bitcoin means it is also vulnerable to gamma squeezes, thereby increasing investor risks. BeInCrypto consulted an expert in derivatives trading and representatives from FalconX, BingX, Komodo Platform, and Gravity to analyze the potential impact of this new characteristic.
This week marked the official debut of options trading for spot Ethereum ETFs in the United States. BlackRock’s iShares Ethereum Trust (ETHA) was the first to list options, with trading commencing on the Nasdaq ISE.
Shortly after, a broader availability of options followed, including those for the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (ETH), as well as the Bitwise Ethereum ETF (ETHW), all of which began trading on the Cboe BZX exchange.
This move allows a wider range of investors, beyond crypto traders, to benefit from hedging and speculation opportunities on Ethereum’s price through options on familiar investment vehicles like ETFs without direct ownership.
The timing of this news is particularly positive, as Ethereum has been losing some ground in the market lately.
Options Trading to Bolster Ethereum’s Market Position
A significant decline in market confidence surrounded Ethereum this week, with BeInCrypto reporting its price had plummeted to its lowest point since March 2023. This drop coincided with a broader market downturn, worsened by Donald Trump’s Liberation Day.
Meanwhile, large Ethereum holders are increasingly selling off substantial amounts, putting downward pressure on their prices. Ethereum’s value has fallen sharply by 51.3% since the beginning of 2025, and investor confidence has waned, as evidenced by a decrease in addresses holding at least $1 million in ETH.
Holders with at least $1 million worth of ETH. Source: Glassnode.
With options trading now accessible to more traders, experts anticipate that Ethereum’s market position will improve.
“ETH’s been leaking dominance, stuck sub-17%. Options give it institutional gravity. It becomes more programmable for fund strategies. More tools mean more use cases, which then in turn means more capital sticking around,” Martins Benkitis, CEO and Co-Founder of Gravity Team, predicted.
This newfound accessibility of options trading will create additional opportunities for investors and the broader Ethereum ecosystem.
Greater Investor Access and Liquidity
The SEC’s approval of Ethereum ETFs in July 2024 was significant because it allowed traditional investors to enter the crypto market without directly holding the assets. Now, with options trading also available, these benefits are expected to be even greater.
The Ethereum ETF market will naturally become more liquid with increased participation through options trading.
High Trading Volumes and Hedging Demands
The SEC’s fresh approval of options trading for Ethereum ETF investors suggests that the market will likely initially experience a high trading volume. As a result, market makers must be prepared.
An increase in call options will require institutional market makers to hedge by buying more Ethereum to meet demand.
Ethereum will also secure a unique advantage, particularly in institutional trading, enhancing its perceived quality and driving optimism among key market participants.
“ETH just got a serious institutional tailwind. With options now in play, Ether is stepping closer to BTC in terms of tradable instruments. This levels up ETH’s legitimacy and utility in hedging strategies, narrowing the gap on Bitcoin’s dominance narrative,” Benkitis told BeInCrypto.
Yet, rapid surges in options trading could also have unintended consequences on Ethereum’s price, especially in the short run.
Will Investors Suffer a Gamma Squeeze?
As market makers rush to acquire more of the underlying asset in case of a higher volume of options calls, Ethereum’s price will naturally increase. This situation could lead to a pronounced gamma squeeze.
When market makers hedge their positions in this scenario, the resulting buying pressure would create a positive feedback loop. Retail investors will feel more inclined to join in, hoping to profit from Ethereum’s rising price.
The implications of this scenario are especially pronounced for Ethereum, considering its market capitalization is notably smaller than that of Bitcoin.
Retail traders’ aggressive buying of ETHA call options could compel market makers to hedge by acquiring the underlying ETHA shares, potentially leading to a more pronounced effect on the price of ETHA and, by extension, Ethereum.
“We believe option sellers will generally dominate in the long-run but in short bursts we could see retail momentum traders become massive buyers of ETHA calls and create gamma squeeze effects, similar to what we’ve seen on meme coin stocks like GME. ETH will be easier to squeeze than BTC given it is only $190 billion market cap vs BTC’s $1.65 trillion,” Joshua Lim, Global Co-head of Markets at FalconX, told BeInCrypto.
Arbitrage involves exploiting price differences for the same or nearly identical assets across different markets or forms. This is done by buying in the cheaper market and selling in the more expensive one.
According to Grant, traders will increasingly look for and exploit these price differences as the market for ETH options on different platforms develops.
While arbitrage activity is expected to refine pricing and liquidity within the Ethereum options market, the asset continues to operate under the shadow of Bitcoin’s established market leadership.
Will Landmark Options Approval Help Ethereum Close the Gap on Bitcoin?
Though Ethereum achieved a major landmark this week, it faces competition from a major rival: Bitcoin.
In late fall of 2024, options trading started on BlackRock’s iShares Bitcoin Trust (IBIT), becoming the first US spot Bitcoin ETF to offer options. Though not even a year has passed since the original launch, options trading on Bitcoin ETFs experienced strong trading volumes from retail and institutional investors.
According to Kadan Stadelmann, Chief Technology Officer of Komodo Platform, options trading for Ethereum ETFs will be comparatively underwhelming. Bitcoin will still be the cryptocurrency of choice for investors.
“Compared to Bitcoin’s Spot ETF, Ethereum’s ETF has not seen such stalwart demand. While options trading adds institutional capital, Bitcoin remains crypto’s first mover and enjoys a greater overall market cap. It is not going anywhere. It will remain the dominant crypto asset for institutional portfolios,” Stadelmann told BeInCrypto.
Consequently, his outlook does not include Ethereum’s market position surpassing Bitcoin’s in the immediate term.
“The once-promised flippening of Bitcoin’s market capitalization by Ethereum remains unlikely. Conservative and more-monied investors likely prefer Bitcoin due to its perceived safety compared to other crypto assets, including Ethereum. Ethereum, in order to achieve Bitcoin’s prominence, must depend on growing utility in DeFi and stablecoin markets,” he concluded.
While that may be the case, options trading doesn’t harm Ethereum’s prospects; it only strengthens them.
Can Ethereum’s Options Trading Era Capitalize on Opportunities?
Ethereum is now the second cryptocurrency with SEC approval for options trading on its ETFs. This single move will further legitimize digital assets for institutions, increasing their presence in traditional markets and boosting overall visibility.
Despite recent significant blows to Ethereum’s market position, this news is a positive development. Although it might not be sufficient to surpass its primary competitor, it represents a step in the right direction.
As investors get used to this new opportunity, their participation level will reveal how beneficial it will be for Ethereum.
The crypto market concludes another week with unprecedented developments sparking investor enthusiasm. A strategic Bitcoin reserve was announced in the U.S., whilst a crypto stockpile and summit followed. Simultaneously, despite the optimistic developments, BTC and major-league altcoins continued encountering market volatility.
Mentioned below are some of the most buzzworthy market updates reported by CoinGape over the past week.
Crypto Market This Week Sees US Bitcoin Reserve & Crypto Stockpile
U.S. President Donald Trump announced a strategic Bitcoin reserve for America this week. This reserve is expected to encompass roughly 200,000 Bitcoins, which are currently held by the government through the cessation of funds involved in criminal and illicit activities.
Intriguingly, Scott Bessent and Howard Lutnick have been appointed officials who will focus on potential resources to help the reserve acquire more BTC ahead. Trump revealed that these BTC coins are also not to be sold ahead, offering the reserve more value.
Further, the nation expects to see a ‘crypto stockpile’ comprised of assets like Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP ahead, per Trump’s announcement. The main difference between the two sagas is that while the government will put efforts into acquiring more BTC, no active efforts for upsizing the crypto stockpile are to be made. Altogether, these were the major pro-crypto advancements in the U.S. this week.
Crypto Summit: What’s The Scoop?
Simultaneously, the cryptocurrency market saw a White House crypto summit this week, which was hosted by President Donald Trump and Crypto Czar David Sacks.
Notably, Trump showcased strong efforts to end “Operation Chokepoint 2.0,” which has been putting regulatory pressure on banks, leading them to close accounts of crypto businesses. Further, the 47th U.S. President continued reflecting strong support for cryptocurrencies, hinting that the government’s stance is primed to be more favorable for digital assets ahead.
Overall, the Bitcoin reserve announcement, crypto summit, and a crypto stockpile launch ahead have sparked noteworthy market optimism.
Bitcoin & Altcoins Still Volatile
However, despite the broader developments this week, BTC and major league altcoins face crypto market turbulence.
BTC price closed the week near $86K after riding a rollercoaster in the past seven days. ETH price lost nearly 2% and closed the week near $2,200. XRP price also faced turbulence and exchanged hands at $2.32 as the week closed, up by only 3% in 7 days. Lastly, SOL price lost 3.5% weekly and rested at $138, in line with the broader market trend.
