Ethereum’s Total Value Locked Predicted to 10X by 2026

Sharplink co-CEO Joseph Chalom suggests Ethereum may experience a significant increase in Total Value Locked (TVL) by 2026, potentially rising tenfold. This prediction is linked to increased stablecoin activity, tokenization of real-world assets, and heightened interest from major financial institutions.

Stablecoin Activity on Ethereum

  • The stablecoin market could grow from $308 billion to $500 billion by the end of next year, approximately a 62% increase.
  • 54% of stablecoin activity occurs on Ethereum, contributing to its TVL growth.
  • Sharplink Gaming holds 797,704 ETH, valued at around $2.30 billion, indicating significant investment in Ethereum.

Tokenized Assets Growth

  • Chalom predicts rapid expansion of tokenized real-world assets, reaching a $300 billion market by 2026.
  • Mainstream firms like JPMorgan and BlackRock show increasing interest, potentially boosting Ethereum's exposure.

Ethereum Price Action

  • Trading near $2,921 as of December 25, 2025, with a market value of about $352 billion.
  • Price volatility was high in 2025, with an annual volatility rate close to 140%.
  • Technical indicators show mixed momentum, with a weekly RSI of 41.7 and a negative daily MACD histogram at -0.15.
  • Open interest is near $37 billion, down 0.62%, signaling reduced trader exposure.

Market Signals and Risks

  • Crypto analyst Benjamin Cowen suggests Ether may not reach new highs next year due to current Bitcoin conditions.
  • Liquidation data indicates possible pressure points around $2,880–$2,910, which could trigger rapid price changes.