Ethereum (ETH) rose beyond $ 4,000 on 8 August and this year reached its highest level after a continuing market trally, with almost 50% won in the past month.
Data of CryptoSlate shows the active peak at $ 4,047 during the US trading hours. In particular, the last time ETH was traded above $ 4,000, was in December 2024, when the optimism of Donald Trump’s election victory fed a wave of pro-Crypto-sentiment in the US.
Meanwhile, Coinglass facts Unveils the newest rally that Bearish traders overwhelm. Short positions against ETH members a total of $ 134 million in the last 24 hours, because the prices featured expectations.
Institutional question stimulates ETH
The outbreak of Ethereum is amid an increase in institutional interest in the digital capacity for their treasury reserves.
In the past month, large companies such as Sharplink and Bitmine have collected considerable ETH companies and announced purchase plans of several billions.
According to Strategic ETH Reserve factsThese entities together have valued more than 3 million ETH – about 2.5% of the total offer – at more than $ 12 billion. Bitmine leads with 833,100 ETH, worth around $ 5.2 billion.
Vitalik Buterin, the co-founder of Ethereum, has pronounced cautiously optimism with regard to the increasing business interest in ETH.
While he welcomed the adoption, Buterin warned companies against exceeding their ETH companies.
According to Buterin:
“If you woke me up in 3 years from now on and tell me that treasuries have led to the downfall of ETH … I suspect they have become in a survived game.”
In addition to these companies, the Ethereum network has also seen an increase in adoption through listed funds (ETFs), with a record of $ 5 billion in inflow in July.
According to SOSO value factsThe trend has continued the new month, with the nine funds that only run in August for two days, compared compared to four days of outsourcing that their Bitcoin opposite hits.
In addition, traditional financial powerhouses such as BlackRock and Robinhood have expanded their activities around Ethereum, aimed at Real -World Asset (RWA) tokenization.
What is the next step for Ethereum price?
Looking ahead, market optimism continues to rise, along with the expectations of the continuous price growth of Ethereum.
Crypto gamblers on polymarket, the leading decentralized prediction platform, to believe There is a 60% chance that ETH will be higher than $ 5,000 by the end of the year. In the meantime, 36% of traders believe it can reach $ 6,000 and 24% predict an increase of up to $ 7,000.
BitMex co-founder Arthur Hayes is particularly more about the price of Ethereum that reaches $ 10,000 by the end of the year.
In the meantime, the Bitmine projections suggest a much higher potential, in which the implicit price of ETH is estimated at $ 60,000.
Ethereum -Market data
At the time of press 8:22 pm UTC on August 8, 2025Ethereum is on #2 by market capitalization and the price is upwards 5.63% In the last 24 hours. Ethereum has a market capitalization of $ 488.37 billion With a trade volume of 24 hours $ 46.05 billion. More information about Ethereum ›
Summary of the Cryptomarkt
At the time of press 8:22 pm UTC on August 8, 2025The total crypto market is appreciated at $ 3.89 trillion With a volume of 24 hours $ 182.75 billion. Bitcoin Dominance is currently up 59.67%. More information about the Cryptomarkt ›
