Ethereum Price Predictions.. International Institutions Expect $15,000 #ETHStakingExitWatch The price of Ethereum (Ethereum) rose yesterday by more than 2% to exceed $4,500 $ and reached its highest level during the day at $4,558. This increase in the price of the second-largest digital currency by market capitalization is due to institutional investments and improved overall sentiment, but Steven McClurg - CEO of Canary Capital - had a different opinion.

Canary CEO Predicts Bitcoin Will Hit $150K This Year—But Ethereum Surge Won’t Last

“The forecast comes as Canary filed ETF applications including XRP, Sui and $HBAR. It has not filed an ETF for Ethereum, which McClurg criticized as an outdated network” https://t.co/dw6k8CKJh4

— FinancialPress.com (@FinancialPress_) August 17, 2025

McClurg Downplays the Momentum of Ethereum (Ethereum)

Despite the strong performance of Ethereum (Ethereum) currently, McClurg questioned its viability in the long term, describing it as “old technology” overshadowed by faster and cheaper blockchain networks like Solana (Solana) and Sui (Sui). It is worth noting that Canary Capital has not applied for a trading license for Ethereum on the exchange, but preferred funds for other alternative currencies like Ripple (Ripple-XRP), Hedera (Hedera-HBAR), and Cronos (Cronos-CRO), and even one of the meme coins on Solana.