Ethereum has exploded fantastically upwards, climbing for the ninth straight session. It has since jumped to its highest levels in seven months. Ethereum price has surged above $3,800 thanks to massive institutions accumulation and bullish crypto market sentiment. This rally marks an important inflexion point for the cryptocurrency. Retail and institutional investors alike are once again clamoring to join it.
Ethereum’s soaring performance over the past year is a testament to its resilience and growing allure among investors in the digital asset space. That extension has led to the current surge due to a combination of four main factors. Massive whale accumulation, unprecedented inflows into spot ETH ETFs and the expanding dominance of ETH in the tokenized real-world asset space are illustrative factors. With the introduction of staking, Ethereum is further solidifying its status as the leading blockchain platform. Analysts remain bullish and foresee even greater growth in the short- and medium-term.
Rally Fueled by Institutional Interest
Ethereum's price surge is largely attributed to heavy institutional buying, reflecting a growing confidence in the cryptocurrency's long-term prospects. Interest in the space from institutions has been surging, as evidenced by record inflows into U.S.-listed spot ether ETFs. Last week, these five ETFs pulled in an amazing $2.18 billion!
"ETFs have led the recent resurgence in cryptocurrency prices and Institutions have seen lacklustre demand being underweight ETH relative to BTC" - Paul Howard, Director at Wincent
The surge in capital is indicative of the newfound perception among institutions that Ethereum is a promising asset class. This increased acceptance further cements Ethereum’s role in the finance world.
Meanwhile, the largest holders—in crypto lingo, “whales”—are massively accumulating Ethereum. It is this buying frenzy that has arguably led to the initial price momentum upward. In the last 24 hours, industry leaders processed more than $18 billion in large transactions. Either way, this huge increase should channel home their real impact on the space.
"Whale activity on the Ethereum $ETH network is heating up. Over $18 billion in large transactions recorded in the past 24 hours!" - Ali (@ali_charts)
This increased whale activity serves to further highlight the increasing confidence in Ethereum’s potential and the emerging role it will play in our global digital economy.
Technical Analysis and Market Predictions
With today’s price, Ethereum has broken out above a long-term descending trendline that dates all the way back to the highs of 2021. This breakout could be the beginning of a new market paradigm. In addition, the $3,800 level is a major psychological barrier breached by the currency which traders have been eyeing. Ether was last trading at $3,812 per ether, an all-time high on July 21, 2025, the first such daily intraday Ethereum high since December 2024.
Fundstrat’s Mark Newton expects that Ethereum will hit $4,000 by the end of July. This prediction though is coming largely from the current market momentum as well as the sentiment forming around the fundamentals occurring on Ethereum.
"Arguably, the digital oil that powers so many L2s and transactions, ETH has a multitude of use cases. ETHs price has been a laggard since the heady NFT days when it saw its last all time highs (ATH). It is now realising its position as one of the original OGs with strong DEFI and smart contract use case, deflationary mechanism and POS validators returning yield. This makes ETH institutionally appealing and both Institutional and Retail are likely now in a position where they will add more to their portfolios and my expectation is we cross the psychologically important $4K ceiling in the coming weeks" - Paul Howard, Director at Wincent
If Ethereum were to reclaim $4,000, more than $331 million worth of short positions may be liquidated. This would set off a short squeeze, pushing the price up faster still.
And that’s just one prediction. Tom Lee of Fundstrat Global Advisors has made a number of bold predictions lately. He’s got a bull case for Ethereum reaching $15,000 in the medium term. This rosy prediction comes from Ethereum’s strong underlying fundamentals. As a top platform for development of decentralized applications and tokenized assets.
"Layer-1 platforms like Ethereum, because they power entire ecosystems, often warrant higher valuation multiples, similar to how software firms command richer pricing than consumer businesses" - Tom Lee
Ethereum's Dominance in Tokenized Real-World Assets
Today, Ethereum’s network is home to more than 60% of all tokenized real-world assets. This reality underscores its importance in the booming marketplace for digital twins, virtual counterparts of real world assets. This dominance is likely to increase further as stablecoins continue to prosper and head towards that $2 trillion milestone.
The advantages of tokenizing real-world assets on the Ethereum blockchain are plentiful. Through the power of Ethereum’s smart contract technology, enterprises can optimize workflows, save time and money, and discover innovative use cases across supply chains, finance, healthcare, and more.
Nearly 30% of Ethereum’s entire supply has been locked up in staking. This significantly reduces the liquid supply available for arbitraging, pushing prices higher. Staking involves locking up Ethereum tokens to support the network's operations and earn rewards, incentivizing long-term holding and reducing selling pressure.
