Ethereum's 'Final Hurdle' Before Bull Run: Analyst Spotlights Key Level — Vitalik Buterin Envisions 'Cryptographic World Computer'

Leading cryptocurrency analyst Ali Martinez flagged on Sunday the “final hurdle” Ethereum (CRYPTO: ETH) must clear before entering a bull market. ETH Whales on Accumulation Spree Martinez highlighted a sharp spike in whale activity on X, with ETH transactions valued at $1 million surging by a whopping 500% over the week. Buying activity dominated, with “large holders” accumulating more than 320,000 ETH over the past week, worth over $847 million at current prices. ETHEREUM: FINAL HURDLE BEFORE BULL RUN1/5 🧵👇— Ali Charts (@alicharts) September 27, 2026 ETH Needs to Breach This Level Martinez noted that Ethereum is facing a “major supply wall” between $2,722 and $2,822, where over 13.3 million ETH previously traded “Once ETH decisively clears this zone, the next hurdles near $2,970 and $3,366 are comparatively smaller,” the analyst stated. Read Also: Bitcoin Is an 'Exit Asset'—Ethereum Is the New Rails Bet, Ex-BlackRock Exec Says Buterin’s Grand Vision Amid these price analyses and predictions, Ethereum co-founder Vitalik Buterin floated a broader vision—the network evolving into a "cryptographic world computer," a hybrid system that merges blockchain with modern cryptography for better scalability, privacy and efficiency. Buterin expected Ethereum’s upcoming Hegota upgrade to be the network’s last “normal” hard fork, using features and technology familiar to early users. “Starting after Hegota, this transformation becomes Ethereum’s primary story,” he added. The cryptographic world computer:https://t.co/ueayODeUPoMy attempt to express in somewhat concise terms the true meaning of basically everything planned to happen to Ethereum starting from the fork after Hegota. It's really not just a blockchain anymore. It's a hybrid…— vitalik.eth (@VitalikButerin) September 27, 2026 Last week, Buterin expressed optimism about the "huge amount of progress" in Ethereum, both at the protocol and application levels. He noted that the blockchain is gradually transforming from just a blockchain into a "much bigger" network with multiple layers. Price Action: As of this writing, ETH is down 2.10% in the last 24 hours to $2,649.34, according to Benzinga Pro. Read Also: Bitcoin Eyes $100K, Ethereum's Evolution and Crypto Market Rally: This Week in Crypto Photo Courtesy: Alexey Smyshlyaev on Shutterstock.com