Ethereum (ETH) is experiencing a significant rally in mid-2025, with its price recently surging past $3,800, marking its highest point in seven months. This impressive momentum is largely attributed to massive institutional interest and inflows into newly approved spot Ethereum ETFs, with over $3.2 billion flowing in during July alone.
Network developments like the Pectra upgrade in May and the upcoming "Fusaka" hard fork in November aim to enhance scalability, reduce gas fees, and improve user experience. While some analysts predict ETH could reach $10,000 to $15,000 by year-end, driven by strong fundamentals and growing tokenization use cases, others caution about potential short-term pullbacks. The focus on Layer 2 solutions continues, even as the mainnet's gas limit sees a significant increase.
