1. Price Momentum
Ethereum is seeing a meaningful bounce—up roughly 5%–7% today, trading in the $4,700–$4,720 range. That places it near its all-time highs.
Trading volumes are healthy—ranging from $60 billion to $65 billion in the past 24 hours—showing strong market activity.
2. Institutional Momentum & ETF Flows
Institutional investors are pouring capital into Ethereum: about $1.5 billion poured into spot ETFs today.
This aligns with a broader trend of Whale accumulation, especially among large investors increasing their holdings.
3. Market Drivers & Sentiment
A mild easing in U.S. inflation has raised odds of a Federal Reserve interest-rate cut in September, giving crypto markets—including Ethereum—a boost.
Analysts at Standard Chartered upgraded their price forecast for ETH to $7,500 by end of 2025, and even $25,000 by 2028, citing growing utility, staking demand, and institutional adoption.
There’s also a bullish narrative around Ethereum’s growing importance in stablecoin infrastructure—a key part of its value story.
Overall, Ethereum has surged by 41% over the past month, substantially outpacing the broader crypto market’s 9% rise.
4. On-Chain Activity & Big Moves
Ethereum’s network is humming—daily transaction counts are hitting record highs of 1.875 million, driven by DeFi, NFTs, and transfers.
A notable Ethereum Foundation–linked address sold 1,694 ETH (~$7.7 million) through ParaSwap.
Another large holder, known as “7 Siblings,” sold 19,957 ETH (~$90 million) at roughly $4,532 per coin—something the market is watching closely.
