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Dan Tapiero, founder & CEO at 10T Holdings, comments on the recent movement in ETH, highlighting an abrupt 30% rally from August 19–22 that erased eight months of downward selling.
Tapiero observes that ETH has returned to its January 2026 price levels, suggesting the bear phase has been engulfed. He also notes that a move above 3,000 could pave the way for potential new highs over 5,000 during this bullish cycle.
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Tapiero has previously identified Ethereum as the backbone for future finance, citing its undervaluation after recent progress in earlier commentary. He has also argued that tokenizing high-value assets like real estate is central to blockchain's future, according to a separate article. These views frame his perspective on the significance of Ethereum's latest price movement.