In recent years, Ethereum (ETH) has struggled to keep up with the rapid price increase of Bitcoin. Even as Bitcoin exceeded the 120,000 USD mark and set a new historical peak, ETH has yet to reach its all-time high (ATH). However, the recent market context is changing rapidly: the shift of capital flows from Bitcoin to altcoins has brought Ethereum back into the spotlight. ETH crossing the 4,000 USD mark has triggered a wave of strong interest, along with expectations of 'sky-high' prices – many analysts believe that ETH could very well move towards the five-digit range.
Famous analyst Rekt Fencer has garnered attention by stating that Ethereum is on its way to the 15,000 USD mark. He believes this outlook is based on five key factors converging, creating a solid foundation for an explosive price increase.
5 main drivers bringing ETH to 15,000 USD
1. Strong purchasing power from institutions
In recent years, the wave of buying from large institutions has become an important driver for Ethereum's price. Many investment funds and asset management companies focusing on ETH have emerged, led by Bitmine and SharpLink. In less than three years, these institutions have accumulated over 10 billion USD in ETH, reinforcing Ethereum's position as a strategic asset in the long-term investment portfolio of major financial players.
2. Support from President Donald Trump
Notably, U.S. President Donald Trump is currently one of the largest holders of ETH. He is considered the first president to publicly support cryptocurrency, with an estimated total Ethereum wealth of over 500 million USD – making up a large portion of his cryptocurrency portfolio. This symbolic backing adds confidence to the market and attracts the attention of global investors.
3. The wave of spot Ethereum ETFs
Since their launch, spot ETH ETFs have quickly attracted capital flows. The total assets under management (AUM) of these funds have reached 29.22 billion USD, equivalent to about 5.7% of Ethereum’s market capitalization. Continuous buying activity from ETF funds not only reduces the circulating supply but also increases price pressure upwards.
4. More favorable legal policies
The passage of the GENIUS Act in the United States this month marks a major turning point for the cryptocurrency industry. The new law creates a more favorable legal environment for financial institutions to participate in the market, thereby encouraging new capital flows into Ethereum and other digital assets.
5. The ability to stake for spot ETH ETFs
Another potential development is the ability to stake ETH directly within spot ETH ETFs. While still awaiting approval, many applications have been submitted to activate this feature. If realized, ETF funds will have to lock a large amount of ETH to participate in staking, thereby significantly reducing the circulating supply and creating strong upward price pressure.
With the resonance of the above factors – from institutional money flows, political support, ETF capital, legal policies, to staking – Ethereum is facing a historic opportunity to break through. If Rekt Fencer's scenario comes true, the possibility of ETH reaching 15,000 USD may just be a matter of time, rather than a distant dream.