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Ethereum seen as future backbone of banking as ETH nears key $2,355 technical level.

Market News
17 Apr 2026
Benzinga
View Source
Bullish
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Macro investor Raoul Pal predicts the entire banking system will eventually adopt Ethereum, highlighting its reliability and decentralized infrastructure. Ethereum's network offers continuous uptime through multiple independent clients, a feature banks value to avoid downtime losses and regulatory issues. Technically, ETH is testing the 100-day exponential moving average at $2,355, a critical resistance point it hasn't reached since October, with support levels strengthening. A close above $2,380 could signal renewed interest and potential price recovery for Ethereum.

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