#ETHRally
Current State of the Economy and Driving Dynamics
1. Actual Performance of ETH
Ethereum is advancing in the market uncontested, recording astonishing highs. It stands today near levels of $4,666, less than 5% away from its all-time high (around $4,878).
The weekly increase reached 30%, while the monthly performance ranges from 50% to 54% compared to inflation over the past months.
2. Strong Institutional Factors Supporting the Rise
ETF (Exchange-Traded Fund) Bonds: ETH recorded record inflows, including $500 million in one day, with accumulations over the past weeks reaching billions of dollars, through funds like BlackRock and Fidelity, reflecting widespread institutional interest.
Companies are holding ETH in their treasuries: Companies like BitMine Immersion, SharpLink Gaming, Ether Machine, and Fundstrat have accumulated massive amounts – one report indicates 316,000 ETH at BitMine, and 345,000 ETH at SharpLink.
Regulatory Improvement: Such as the issuance of the "GENIUS Act" which establishes a clear framework for stablecoins, supporting the use of Ethereum as a primary platform for these currencies.
Predictive Perspective from Financial Institutions: Standard Chartered raised its price forecast for ETH to $7,500 by the end of 2025, with predictions reaching $25,000 by 2028, supported by institutional backing and continued growth.
Expert Tom Lee from Fundstrat refers to ETH as one of the most important long-term macro investments, with expectations to reach $10,000 by the end of 2025.