Key takeaways:
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ETH worth jumped 10% right now, inching towards its all-time excessive of $ 4,867.
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Over $2.3 billion flows into spot Ethereum ETFs over 6 days.
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Merchants say ETH might rise as excessive as $13,000 as soon as it enters worth discovery.
Ether (ETH) surpassed $4,600 on Wednesday, up 8% over the past 24 hours as a number of bullish alerts advised that new all-time highs had been inevitable.
ETH worth set to interrupt all-time highs
The ETH/USD pair reached an intraday excessive of $4,715 on Wednesday, slightly below the all-the $4,867 all-time excessive reached in November 2021 (on Coinbase), knowledge from Cointelegraph Markets Professional and TradingView exhibits.
“Bids for Ethereum continues to strengthen with the asset marching towards ATHs,” onchain knowledge supplier Glassnode stated in a Tuesday publish on X.
Glassnode defined that ETH has “served as a bellwether for broader altcoin efficiency” and its newest energy is now fueling hypothesis for additional upside.
This efficiency is supported by a return of investor demand, within the type of capital inflows into spot Ethereum exchange-traded funds (ETFs). These funding merchandise have seen a six-day influx streak totalling $2.3 billion, with Aug. 11 setting a file $1 billion in internet inflows.
“One other half a billion into spot ETH ETF, fifth finest day since launch,” NovaDius president Nate Geraci stated on X.
He added that this can be a notable shift because the “spot eth ETFs have taken in practically $1.5 billion greater than spot BTC ETFs” for the reason that starting of July.
Furthermore, treasury corporations are more and more accumulating ETH with holdings surpassing $16.5 billion.
BitMine Immersion Applied sciences leads with 1.2 million ETH ($5.33 billion), adopted by SharpLink Gaming with 598,800 ETH after a 177% enhance over the past month. The Ether Machine holds 345,400 ETH.
With greater than 30% of ETH staked, i.e., can’t be instantly bought, this alerts robust upward potential for Ether worth.
Ethereum’s transactions close to file highs
Ethereum’s every day transaction rely reached a near-record excessive of over 1.87 million on Aug. 12, with July 2025 recording roughly 50 million transactions, the best in over a yr.
Coupled with a near-all-time excessive whole worth locked (TVL) in DeFi, at present at $95 billion and with 61% of market share, this surge in community exercise alerts strong demand and utility.
How excessive can ETH worth go?
The following main hurdle for ETH is near the all-time excessive of round $4,700, based on analysts.
This degree is the +1 customary deviation degree of Ether’s energetic realized worth, “typically marking the place promoting strain begins to construct”, Glassnode stated of their newest Week Onchain Report, including:
“The $4.7K worth level stands out as a key resistance to watch. A decisive break above might sign the onset of a extra speculative part.”
“A breakout above $4,750 with sustained transaction momentum might ignite a worth discovery part,” stated Cryptoquant analyst CryptoOnchain in a QuickTake evaluation on Wednesday.
With respect to cost discovery, a number of analysts say Ether might rise to areas past $10,000, based mostly on numerous technical setups.
Well-liked analyst Jelle shared a chart displaying ETH buying and selling above a bullish megaphone with upside targets between $7,000 and $13,000.
Crypto investor and YouTuber DivXMaN stated that whereas the $7,500 ETH worth goal stays in play, the worth discovery journey would take it to $13,000 based mostly on “earlier bull runs and charge of diminishing returns.”
As Cointelegraph reported, Ether worth predictions after breaking the important $4,000 degree now go as excessive as $20,000 for the present bull market.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.
