Ethereum's investment leads over Solana.
Near the price target of $4,000:
August 8, 2025
Ethereum has surpassed Solana in short-term investment flows as the investment ratio between Solana and Ethereum has reached its lowest level this year.
Ethereum's open interest has reached a record level of $58 billion, and the ETH/BTC pair has risen above the 200-week average, indicating a shift of investment towards alternative currencies from Bitcoin.
Additionally, the low funding rates indicate that most of the investment in the market is due to spot demand rather than leveraged speculation.
Ethereum's price is approaching the psychological resistance level of $4,000, where institutional investors and ETFs have increased their buying, according to Glassnode. Investment interest in Ethereum is rising compared to Solana, indicating strength in the altcoin market led by Ethereum.
In the current market situation, Ethereum's ETH/BTC pair has risen above the 200-week average after more than two years, which signifies investors' shift from Bitcoin to Ethereum and other altcoins.
Bitcoin's price is under pressure below $116,000, while Ethereum's price has recovered to the level of $3,902.
Ethereum's futures open interest has reached $58 billion, bringing its market share to 34.8%, while Bitcoin's share has decreased to 47.1%.
These statistics reflect institutional interest in Ethereum and the increasing activity on the network.
Experts say that in the current market situation, purchases are mostly happening in the spot market, which is a sign of a healthier market structure. According to Net Jersey, president of Nova Dais, since the beginning of June, ETFs and corporate treasuries have purchased approximately 1.6% of the total Ethereum supply.
Although there was a nearly 10% decline in price over the past week, Ethereum quickly recovered by 9% and market attention is now focused on crossing the important resistance level of $4,000.
Experts believe that crossing this level could initiate a search for new highs in price, potentially starting a new phase in the altcoin market ....$ETH