ETFs and whales propel Ethereum to unprecedented heights

After almost four years of waiting, the shadow of its all-time high once again looms over Ethereum. The mythical threshold of $4,900 now seems within reach. $4,700 is already here, propelled by a strong current mixing institutional inflows, ETF explosion, and whale frenzy. But this time, will history remember a new peak or a fleeting flash?

Financial giants roar Ethereum on the crypto market

The current rise of the Ethereum price is no coincidence. Institutional flows play a decisive role. In a single day, over one billion dollars entered, including $640M via BlackRock’s iShares Ethereum Trust ETF. BitMine Immersion, already number one in ETH holdings, added over 300,000 units to its reserves in just one week.

Analyst Nilesh Rohilla summarizes the prevailing euphoria: “Minimum $10,000, optimistic scenario between $16,000 and $20,000 in 6 to 8 months.” He compares this situation to Bitcoin’s in 2017, when its price soared from $3,000 in five months.

For Standard Chartered, the story is just beginning: the target climbs to $7,500 in 2025, then $12,000 in 2026, $18,000 in 2027, and $25,000 in 2028. According to the bank, the GENIUS Act and the growing dominance of stablecoins, already 40% of blockchain fees, will be major catalysts.

Three altcoins follow Ethereum toward new horizons

The strength of Ethereum acts like a magnet for the entire crypto ecosystem. Three ERC-20 tokens are already riding this momentum. Bitcoin Hyper (HYPER) aims to modernize Bitcoin through a layer 2 powered by the Solana Virtual Machine. Its pre-sale price is $0.012675, with announced yields of 120% per year and projections up to $0.32 by 2025.

Snorter Token (SNORT), for its part, wants to secure the nugget hunt via a Telegram bot able to detect scams and rugpulls. Currently selling for $0.1011 with an annual yield of 143%, it targets $3.25 by 2030.

Finally, Shiba Inu (SHIB) remains a classic of the altcoin scene. In seven days, it gained 12.5%, supported by a market cap exceeding 8 billion dollars and more than 1.5 million wallets. For many, these projects embody renewed appetite for high-potential cryptos, even if the risk remains proportional to expected gains.

Forecasts that ignite the market and ETH investors

On the charts, technical scenarios clash. Some target $6,000 thanks to the Wyckoff model. Others predict $8,000 after the breakout of a symmetrical triangle. Ali Martinez anticipates a rapid break of $5,200, before aiming for $6,400 for Ethereum.

Historical fractals feed this bullish scenario.

Yet, some take profits. The “7 Siblings” collective sold 19,461 ETH for $88.2 million. Even the Ethereum Foundation has trimmed its positions by $12.7 million.

Key figures to remember:

• $4,757: current price, a 1.4% gain in 24 hours;
• +27.8%: growth over the past week;
• 3.8%: share of ETH supply accumulated by treasuries and ETFs since June 2024;
• 40%: share of stablecoins in blockchain fees.

Each crossed threshold becomes a strategic marker. The ATH of $4,891 could fall quickly… or hold still, as in 2021.

The current momentum does not concern only Ethereum. Bullish signals also accumulate for Bitcoin, driven by similar technical and fundamental engines. Between historical resistances and new catalysts, the crypto market seems ready to write a new chapter of expansion. The coming months could offer a new playground, for seasoned investors as well as newcomers.