Alibaba launches Ethereum Layer 2: What does this mean for the trading of encryption and wealth 500 Blockchain adopting | Flash news details

The latest announcement that Alibaba, one of the largest technology blocs in China, launches its ETHEREM Layer 2 (L2) solution has sent ripples across the cryptocurrency market, with possible effects on both the distinctive ETAREUM and AI. According to Trevor.btc on May 3, 2025, at 10:15 am International time, Alibaba indicates an increasing direction for major companies that integrate Blockchain technology into its operations (Source: Twitter, Trevor.btc). This development, which was reported at a time when ETHEREUM price was at $ 3,250.47 as of May 3, 2025, 11:00 am UTC on Coinmarketcap, reflects an increase of 2.3 % within 24 hours (Source: Coinmarketca). ETHEREUM trading volume increased by 18.5 % during the same period, reaching $ 12.4 billion via major stock exchanges such as Binance and Coinbase (Source: Coingecko). This rise indicates an increase in the market’s interest after the news. In addition, the ETHEREUM/Bitcoin (ETH/BTC) trading pair increased by 1.7 %, at 0.052 BTC at 11:30 am International time on May 3, 2025, on Binance (Source: Binance). The scales on the series emphasize this momentum, as ETHEREUM’s daily active addresses increase by 9.2 % to 512,000 as of May 3, 2025, 12:00 pm UTC (Source: Glassnode). For AI’s symbols such as Fetch.AI (Fet), which are often associated with the technology -moving Blockchain adoption, the price increased by $ 3.1 % to $ 2.18 in the same window 24 hours, with the trading volume increased by 14.7 % to 185 million dollars (Source: Coinmarketcap). This indicates that the launch of ETHEREM L2 from Alibaba can stimulate attention to Crypto Crosover AI projects, especially those who invest the ETHEREUM ecosuction system for decentralized AI applications. Market morale, as well as reflected on the Crypto Fear & Greed index, turned from 68 to 72 (greed) within hours of advertisement on May 3, 2025, at 1:00 pm UTC (Source: Instead.

The trading effects of Ethereum L2 launch from Alibaba are important, especially for short -term and long -term strategies surrounding ETHEREUM and AI. For Ethereum, the immediate price procedure indicates a potential outbreak of the resistance level of $ 3300, the last time it was tested on April 28, 2025, at 2:00 pm UTC, when ETH did not touch $ 3,310 before restoring (Source: Tradingvief). If the continuous size accompanies this momentum – with an average rate of 1.2 million ETH on average daily on Binance from May 3, 2025, 2:30 pm UTC (Source: Binance) – trainees may think of long situations targeting $ 3,400 during the next 48 hours. For AI’s symbols, such as the distinctive code for Render (RNDR), which saw price increase by 2.8 % to $ 7.45 and a rise in trading volume from 12.3 % to $ 92 million from May 3, 2025, 3:00 pm UTC (Source: Coingecko), there is an opportunity to trade the swing that tends to drive technology leadership in technology. The relationship between ETHEREUM and AI is clear in simultaneous price movements after implementation, with Person’s connection coefficient 0.87 for ETH/Fet last week as of May 3, 2025, 4:00 pm UTC (Source: CryptocCOMPare). Alibaba’s step can also affect market morale towards other projects based on ETHEREUM, which may increase savings activity-the total number of prominent ethyium increases by 0.5 % to 32.1 million ETH within 12 hours of news on May 3, 2025, 5:00 pm UTC (Source: Lido Finance). Traders must monitor whether this companies ’accreditation pays more institutional flows, as shown in Spot ETF Net SPHLOWS at a value of $ 45 million on May 3, 2025, was reported at 6:00 pm UTC (Source: Sosoverue).

From a technical perspective, the main indicators of Ethereum provide practical visions of the merchants after the L2 announced from alibaba. The RSI ROS (RSI) index reached ETH/USD on the graph for a period of 4 hours in 62.5 as of May 3, 2025, 7:00 pm UTC, indicating the bullish momentum without excessive conditions in its distribution (Source: Tradingvief). The difference in the moving average rapprochement (MACD) showed a bullish intersection, with the signal line crossing over the MACD line at 8:00 am UTO on May 3, 2025, indicating the continuing rising prices (Source: Binance Plans). Record the size analysis via trading pairs such as ETH/USDT on Binance 650,000 ETH was circulated in the 24 hours ending at 8:00 pm UTC on May 3, 2025, an increase of 15 % over the previous day (Source: Binance). For artificial intelligence symbols, Betch.ai’s Bolleinger domains have been tightened on the daily chart, where the upper price touches at $ 2.20 from May 3, 2025, 9:00 pm UTC, hinting to potential fluctuations (Source: TradingView). The data on the Fet series showed a 7.4 % increase in the number of transactions to 18,500 transactions on May 3, 2025, at 10:00 pm UTC (Source: ETHERSCAN), which reflects the increasing user activity that may be linked to the Blockchain list of Alibaba. The relationship between the developments of artificial intelligence and the feelings of the encryption market is clear – ETHEREUM L2 from Alibaba can adopt artificial intelligence solutions on Blockchain, as shown at a height of 10.2 % on social media “Ai Blockchain” on platforms like Twitter within 24 hours of news in May 3, 2025, 11:00 pm (Source: Source: Source: Source: Source: Source: Source: Source: Source: Source: Source: Source: Source Lunarkracracter). Traders can take advantage of this intersection by targeting the distinctive symbols of artificial intelligence with the strong ETHEREM integration, watching the nails of the size and the upward technical settings. For those looking for “ETHEREUM 2025 Prices” or “Crypto AI trading opportunities”, this event confirms a pivotal moment for both sectors.

Common Questions section:
What is the effect of the launch of Alibaba’s Ethereum L2 on the prices of encrypted currency?
The alibaba advertisement on May 3, 2025, has already paid ETHEREUM rate of 2.3 % to $ 3,250.47 as of 11:00 am UAE, with trading sizes increasing by 18.5 % to $ 12.4 billion (Source: Coinmarkcap). Artificial intelligence symbols such as Fetch.AI increased by 3.1 % to $ 2.18 during the same period (Source: Coingecko), with a highlight of the direct market response.

How can traders take advantage of Crypto Ai-Crypto trends?
Traders can target the distinctive symbols of AI such as Render Tokeen, which rose by 2.8 % to $ 7.45 on May 3, 2025, at 3:00 pm UTC, by preparing swing trades about the main resistance levels with the monitoring of ETHEREUM momentum for interconnected moves (Source: Coingecko). The scales on the series and size data provide important entry and exit signals for such strategies.