$ETH rises in the global asset ranking
#Ethereum confidently strengthens its position among the largest financial assets on the planet. According to CompaniesMarketCap, the market capitalization of the second largest cryptocurrency reached $565.2 billion. This allowed it to climb to 22nd place in the global ranking, surpassing corporations such as Mastercard and Netflix.
Only 3.7% remains until the historical high of 2021. Back then, in November, $ETH was priced at $4,878. Today, many analysts are confident that a new breakthrough may occur in the coming months if the influx of capital and favorable news background continue.
Macroeconomic stimuli
The sharp rise in #ETH🔥🔥🔥🔥🔥🔥 coincided with the publication of inflation data in the U.S. The July consumer price index turned out to be lower than expected. This strengthened forecasts that the Fed may lower the rate as early as September — by 25 basis points.
For cryptocurrencies, such signals are a powerful catalyst. Cheaper credit stimulates investment in risky assets. Investors have begun to enter ETH more actively, viewing it as a high-potential instrument amid easing monetary policy.
ETFs consolidate demand
The rise in institutional interest has also played a significant role. Ethereum ETFs have shown record inflows in recent months. There were days when more than $1 billion flowed into the funds in a single day.
This capital supports the price and forms a solid foundation for further growth. Institutional players increasingly view Ethereum as a long-term asset rather than just a high-risk speculative tool.
Technical picture and forecasts
Standard Chartered recently raised its year-end target for ETH to $7,500. The previous forecast was $4,000. From current prices, this is almost +60%.
Technically, ETH confidently holds above key support zones. The price is closing the gap to the historical peak, which psychologically encourages the market to break through. If this scenario materializes, demand from ETFs and a favorable macro environment may accelerate the movement.
Risk factors
However, as the market approaches its highs, it often faces profit-taking. This particularly applies to short-term traders. Such sales can cause temporary pullbacks.
The global economy also adds uncertainty. Any negative news — from macroeconomic data to geopolitical events — can sharply change the dynamics.
Long-term perspective
Despite the risks, the fundamental picture for Ethereum looks strong. This includes recognition from institutions, leadership in the DeFi sector, network scaling, and the transition to more efficient solutions.
If the trend continues, ETH will not only break the 2021 high but also establish itself above it, opening the way to new price levels. All conditions are in place: growing institutional demand, soft macroeconomic policy, and the technical readiness of the market.