Ethereum News Today: Ethereum Hits $4,000 Price Target Amid Institutional Shift Toward Crypto

Ethereum is gaining renewed traction as Standard Chartered Bank raises its price target for ETH to $4,000, citing increased institutional interest and a shift in asset allocation preferences. The bank notes that regulatory constraints on direct Bitcoin exposure are driving capital toward Ethereum instead. This trend is further supported by the recent launch of a spot trading desk in the UK for both ETH and BTC, with hedge funds expanding their Ethereum positions and overall volume showing signs of strength [1].

Simultaneously, Avalanche is seeing renewed market optimism following a $250 million injection of tokenized credit assets and U.S. Treasuries into its network via the Sky’s Grove protocol. The move, involving institutional partners like Janus Henderson and Centrifuge, has increased total value locked and demonstrated Avalanche’s growing role in real-world finance. While some traders remain cautious about historical resistance levels, the broader market sentiment for AVAX is turning bullish as capital re-enters the ecosystem [2].

Meanwhile, BlockDAG is capturing mass-market attention with an accessible and user-friendly mining approach. Over 2.5 million users are already mining BDAG using the X1 app, which allows direct phone-based mining without technical expertise or additional hardware. For those seeking higher yields, the X10 device enables users to mine up to 200 BDAG daily, with seamless Bluetooth integration and no complicated setup. With over 18,880 units sold and $7.6 million in hardware revenue, BlockDAG is rapidly expanding its user base. The project also features more advanced X30 and X100 miners capable of generating up to 600 and 2,000 BDAG daily, respectively. Currently, BDAG is being offered at $0.0016 through the GLOBAL LAUNCH phase, a 2,660% increase from its initial price [3].

Ethereum’s institutional adoption and Avalanche’s expansion into real-world finance highlight growing confidence in blockchain’s broader economic applications. BlockDAG, by contrast, is building from the ground up, focusing on democratizing access to mining through mobile-first and low-barrier solutions. The project’s rapid user growth and diverse mining options indicate strong grassroots adoption and a broader shift in how individuals participate in the crypto economy.

[1] Standard Chartered: https://coinmarketcap.com/community/articles/688d619ad8f4da6ca8c0c9d3/