Ethereum (ETH) Increasingly Caught the Attention of Institutions: Prediction Towards $60,000?

🪙 Ethereum Sets New History on Its 10th Anniversary

Today, Ethereum celebrates its 10th anniversary since it was first launched in 2015. Over the past decade, Ethereum has evolved into one of the main foundations in the world of decentralized finance (DeFi), NFTs, and Web3 applications. With a market capitalization nearing $462 billion and a stable price above $3,820, ETH continues to demonstrate resilience and impressive adoption.

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🏦 Institution Starts to "Bulk Buy" ETH

In recent weeks, Ethereum has become the target of major institutional players. Two prominent companies are:

SharpLink: Increasing holdings to 77,000 ETH

BitMine: Currently holds over 625,000 ETH, making it the largest ETH holder among institutions.

Not only that, BTCS Inc., a public company on Nasdaq, has filed a registration with the SEC of the United States to purchase Ethereum valued up to $2 billion. This move is seen as a strong signal that large companies are increasingly confident in the long-term prospects of ETH.

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📊 Ethereum Price Predictions and Projections

According to analysts from BitMine, the fair value of Ethereum should currently be around $60,000, assuming large-scale adoption and dominance in the smart contract sector. There is even ambitious speculation that ETH could reach $700,000 in the long term, although this is certainly very speculative and depends on global factors and regulations.

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🧠 Supporting Factors for ETH Increase

1. Ethereum Spot ETF: ETH-based ETFs are becoming more popular, especially after the SEC approved the in-kind redemption scheme that facilitates liquidity and cost efficiency.

2. Layer 2 ecosystem is growing: Solutions like Arbitrum, Optimism, and Base are expanding Ethereum's transaction capacity.

3. Burning Mechanism (EIP-1559): Each transaction burns a portion of ETH, helping to reduce supply and maintain long-term value.

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🔍 Ethereum Statistics Today (July 30, 2025)

Category Value

Price $3,825 USD

24-hour change +0.7%

Market capitalization ~$462 Billion

Daily trading volume ~$35 Billion

Market dominance ~17.2% of total crypto

Total ETH burned (since EIP-1559) 4.2 million ETH

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🧩 Conclusion

Ethereum has not only survived but continues to thrive at its 10th year. With increasing institutional interest, supportive regulations, and solid Layer 2 technology developments, ETH remains one of the most promising crypto assets in the market.

However, investors still need to be cautious and consider risks, given the high volatility of the crypto market.$ETH

#EthereumTurns10