#ETHBreaks4000 Ethereum broke the $4,000 barrier for the first time since December 2024, with its price surging to $4,012 on Binance and $4,001.13 on Gate.io. This significant milestone has sparked excitement among investors and traders, with many anticipating further gains.

*Key Factors Driving the Surge:*

- *Increased Institutional Demand*: Spot Ethereum ETFs have recorded a 20-day inflow streak, totaling $5.4 billion, with $4 billion coming from BlackRock's ETHA in July alone.

- *Robust Network Activity*: Ethereum transactions hit a one-year high, with 1.74 million daily transactions recorded on August 5, 2025.

- *Positive Sentiment*: Over 95% of traders are in profit, with little pressure to sell, and whales have established a lower baseline price, expecting ETH to extend its rally.

- *Upcoming Protocol Upgrades*: The Pectra upgrade, set for Q4 2025, introduces account abstraction and validator limit increases, enhancing scalability ¹ ².

*Market Outlook:*

- *Potential Resistance*: The recent rally needs to break the resistance above $4,000 to attempt a new all-time high and fulfill the short-term $5,000 predictions.

- *Bullish Predictions*: Analysts predict ETH could hit $6,400, with some forecasting long-term targets of $15,575 by 2030.

- *Increased Adoption*: Growing corporate adoption, strong institutional interest, and the potential approval of staked Ethereum ETFs could further boost ETH's price ³ ¹.