๐ Ethereum (ETH) is buzzing today, August 8, 2025, as it hovers around $3,895, just 22% shy of its all-time high (ATH) of $4,891! ๐ With daily transactions hitting a record 1.74 million and staked ETH at 28% of supply, the networkโs strength is undeniable. ๐ช Recent news shows a massive $2.12B inflow into ETH ETFs this week, fueling bullish vibes. ๐ Analysts are optimistic, with some predicting a breakout past $4,000 by month-end, potentially targeting a new ATH! ๐ฏ
On-chain activity is soaring, with 674K active addressesโhighest since 2021โhinting at a DeFi and institutional boom. ๐ Despite Augustโs historical bearish trend, 2025 is defying norms with a 48% July surge. ๐ Will ETH shatter its 2021 peak? Traders on Myriad give it a 63.6% chance by year-end! ๐ค Stay tuned as network upgrades and ETF flows could spark the next big move. ๐ #Ethereum