Q3 2025 begins for the cryptocurrency market on a positive note. Ethereum shows steady growth, but the AKT token continues to struggle amid a long-term decline.
Ethereum's Growth and Overall Market
The cryptocurrency market continues to exhibit positive trends, starting Q3 with strong bullish momentum. Ethereum (ETH) has risen 36% through Q2 and is currently trading around $2,550.
Prospects for the AKT Token
Amid the general growth, the Akash Network (AKT) token remains in a downtrend, showing little significant change over the past 90 days. However, the new pattern on the AKT chart, mirroring a recent breakout structure of SEI, may indicate a potential turnaround.
What’s Next for AKT?
If AKT manages to break above the 100-day moving average, the next potential target for growth could be the 200-day moving average at around $1.78, suggesting a potential rally of 63% from the current levels near $1.09.
While Ethereum demonstrates confident growth, the AKT token finds itself at a crossroads. Success in reaching key resistance levels will be critical for its future development.
