Ethereum (ETH) has surged to $2,108 USDT, signaling a potential market rebound after a period of decline. The price increase, observed on February 9, 2026, follows a recovery from levels near $2,000 and comes amidst mixed institutional activity. Notably, Trend Research sold its remaining $44 million in ETH position, resulting in a reported total loss of $750 million on the trade. Despite this significant sell-off, market sentiment appears resilient, with platforms like Robinhood and Crypto.com showing high confidence in ETH's stability above the $2,100 level.
Analysts point to underlying network strength as a factor in the positive Ethereum price prediction narrative. While network fees haven't spiked, an increase in active addresses indicates steady user activity. Furthermore, liquidity is reportedly flowing away from short-term meme coin speculation and towards long-term infrastructure investments, including cross-chain DeFi and payment-focused tokens.
Concurrently, attention is shifting towards real-world utility, particularly in the PayFi (Payment Finance) sector. The project Remittix is gaining traction as an example of this trend, aiming to bridge crypto and traditional finance by enabling fast, cheap transfers from blockchain to bank accounts. Its mobile wallet is live, with a major crypto-to-fiat integration slated for launch. The project has undergone a CertiK security audit and has upcoming exchange listings on BitMart and LBank. With over 93% of its 750 million token supply already allocated, including limited bonus phases, it is positioning itself as a utility-driven alternative.
This movement underscores a broader market evolution where practical adoption and payment utility are becoming as influential as price charts. The combination of ETH's price recovery and the growing focus on financial infrastructure projects suggests a maturing market landscape.
