#ETHRally : Why Ethereum Claims Its Position
Current facts:
- ETH Price: 4,693 USD (30-day increase: +52%).
- Market Capitalization: 566 billion USD.
- Daily Trading Volume: 65 billion USD.
- Dominance over BTC: 18.3% (maximum since April 2023).
Growth Engines:
1. Approval of Ethereum ETFs in the US (BlackRock, Fidelity) on August 5, 2025.
2. The Pectra upgrade (October 2025) will reduce L2 costs by 70% and increase finality speed.
3. Burn of 2.1 million ETH in the last year through the EIP-1559 mechanism.
Recent News (August 13, 2025):
1. UniSwap V4 launched on mainnet: volumes on ETH DEXs increased by 47% in 48 hours.
2. European banks (BBVA, ING) are testing tokenized bonds on Ethereum for institutional clients.
3. Coinbase reported record inflows in ETH staking: 8.2 billion USD in Q2 2025 (average yield: 3.8%).
Immediate Risks:
- MiCA Regulation in the EU: imposes strict requirements for ETH-based stablecoins (e.g., DAI, USDC).
- Competition from Solana: TVL on Solana increased by 22% after the launch of Firedancer (scaling to 1.2 million TPS).
- Technical Correction: ETH RSI on daily timeframe is 82 (overbought).
Short-term Forecasts:
- Price Target: 7,500 USD by September 2025 if ETF flows maintain an average of 200 million USD/day.
- L2 Scaling: Optimism and Arbitrum will reach 120 TPS combined after Pectra, reducing costs to under 0.001 USD/transaction.
- Key Resistance: 7,000 USD (psychological level + historical max from July 2025).
Conclusion:
The Ethereum rally is supported by three pillars: institutional adoption (ETFs), real utility (tokenization, DEX), and technical efficiency (upgrades). If the network maintains performance post-Pectra, ETH could surpass silver's market capitalization (1.4 trillion USD) by 2026.
Source: CoinGecko, Ethereum Foundation, Financial Times.