Ethereum Continues to Surge: Analyst Shares His Target Price - "It No Longer Seems Unrealistic"

After nearly a year in the shadow of memecoins and rival blockchains, Ethereum (ETH) is regaining its growth momentum. Up nearly 50% in the past 60 days, analysts believe this cryptocurrency still has growth potential.

Mateusz Kara, CEO of the cryptocurrency payment company Ari10, stated that the recent growth on the Ethereum chart is due to investors pricing in this growth, adding: "Ethereum reaching $7,000 is no longer a pipe dream."

Ethereum is trading at $3,600 today.

The growth of Ethereum comes amid a strong recovery in the cryptocurrency market, with the market capitalization surpassing the $4 trillion mark for the first time. As the second-largest cryptocurrency asset after Bitcoin, Ethereum has recently attracted increasing interest, particularly from institutional investors.

Coinbase analysts note that this interest stems not only from diversification but also from the pursuit of profit. A report released today states: "Many companies are aiming to generate profits by staking their Ethereum balances. Some are even locking up supplies through DeFi integration, symbolizing a shift from speculative trading to strategic asset allocation." Mateusz Kara also mentioned that the recently signed GENIUS Act by President Trump presents a "huge opportunity that could significantly increase" the value of blockchains that store stablecoins.