#ETHRally Ethereum (ETH) rallied sharply today, surging past $4,600 and approaching its all-time high, driven by record inflows into spot ETH ETFs, strong institutional demand, and bullish market sentiment. ETH is now just a few percent below its 2021 peak, with analysts predicting potential for further gains even toward $7,500 by year-end.

ETH Price Performance Today

The live price of Ethereum is approximately $4,650-$4,715, marking an 8–10% surge in the last 24 hours, and a 41% rise over the past month. This rally has led to ETH outperforming Bitcoin in 2025, and almost 97% of ETH wallet holders are currently in profit.

Drivers Behind the ETH Rally

Massive inflows into spot ETH ETFs (over $2.3 billion in the last six days and a $1 billion record Monday) are the main engine of the rally, with BlackRock’s ETHA ETF leading net inflows. Institutional players and treasury companies are accumulating ETH, and large exchange outflows suggest long-term holding by investors.

The recent passage of the U.S. GENIUS Act and the SEC’s Project Crypto have heightened optimism for Ethereum-based stablecoins and DeFi projects, further boosting demand for ETH and fueling bullish price action. ETH’s on-chain fundamentals are strong with near-record transactions, over 30% of supply staked, and total value locked in DeFi at $95 billion.

Analyst Targets and Market Outlook

Analysts from banks like Standard Chartered and firms such as Fundstrat believe ETH could test $5,241 soon, break to $7,500 by the end of 2025, and potentially reach $10,000–$12,000 by 2025’s close if momentum persists. Technical indicators show minimal resistance between current prices and previous highs, with further upside if a breakout above $4,750 occurs.