The price $ETH reached $3400. The cryptocurrency also entered the top 30 assets by market capitalization

On July 17, 2025, the price of Ethereum (ETH) soared above the $3400 mark, reaching a maximum in over seven months. Since mid-June 2025, the asset has demonstrated a growth of about 50%, with its market capitalization amounting to nearly $420 billion.

Additionally, Ethereum rose to 26th place in the global ranking of the largest assets by market capitalization, according to Companies Market Cap data.

It is noteworthy that the growth of Ethereum was accompanied by purchases from large players. Many companies and whales spent significant sums of money acquiring the asset and moving a large amount of cryptocurrency, among which: on July 17, World Liberty Financial purchased over 3000 ETH for $10 million; a whale withdrew 88,292 ETH worth more than $298 million from the Kraken exchange in a week; SharpLink Gaming accumulated over 111,000 ETH worth $343.38 million in eight days; three whales collectively acquired 11,513 ETH for $38.79 million; a new wallet withdrew 68,141 ETH worth over $205 million from FalconX in four days; an address likely associated with Fenbushi Capital withdrew 4000 ETH worth $12.93 million from the Binance exchange; BitMine reported holding Ethereum worth $1 billion.