Ethereum News Today: Ethereum Surges 22% to $3,400, Dogecoin Jumps 77% on Fed Speech Anticipation

In late July 2025, Ethereum and Dogecoin experienced a significant surge in their prices, driven by anticipation surrounding a key speech by the Federal Reserve Chair and ongoing EU trade discussions. This event highlighted the sensitivity of cryptocurrency markets to major economic announcements, as investors speculated on potential shifts in monetary policy that could impact global asset valuations.

Speculation around the upcoming speech and trade discussions acted as catalysts for the crypto market rally. Ethereum surged by 22% to reach $3,400, while Dogecoin saw a remarkable 77% increase. Whale activity played a significant role in augmenting Dogecoin's market position, with developers and the Solana community integrating DOGE via Wormhole, which boosted its utility and interest. On-chain data indicated a shift of capital from Bitcoin to altcoins like Ethereum and Dogecoin, marked by increased active addresses and 365-day token circulation.

The market reacted with extensive trading activity, signaling a shift in investor sentiment. The increased activity suggested that speculative interest aligned with previous trends observed during similar economic events. The market was widely anticipating guidance on interest rates and inflation, which contributed to the heightened activity and price surges.

As Ethereum and Dogecoin continued to capture market attention, regulatory actions and broader economic discussions may influence further developments. Historical data showed patterns of increased volatility around major speeches, with trends expected to persist. The DeFi Total Value Locked (TVL) on Solana increased in parallel, pointing to enhanced market integration. With ongoing discussions on regulation and technical advancements, the rally represented more than just market dynamics.

Ethereum's surge brought it to its highest level since early 2022, driven by heightened demand from new investors. The rally was further bolstered by $3 billion in ETF inflows, with $2.2 billion of that amount arriving in the past week alone. This influx of capital underscored the growing institutional interest in Ethereum, contributing to its upward trajectory.

Dogecoin's rally was its most impressive in over a year, fueled by institutional interest and whale accumulation. The price prediction for Dogecoin was strongly bullish, with traders expecting the rally to reach at least $0.33 in July and August. This optimism was supported by the tripling of daily trading volume, indicating a surge in market activity and investor confidence.

The surge in Ethereum and Dogecoin can be attributed to several factors. For Ethereum, the $3 billion in ETF inflows played a crucial role, providing a significant boost to its price. Additionally, the stablecoin regulations created a more stable and predictable investment environment, which likely attracted more investors to Ethereum. For Dogecoin, the rally was driven by institutional interest and whale accumulation, as well as the tripling of daily trading volume. These factors combined to create a bullish sentiment for both cryptocurrencies, leading to their impressive gains in July 2025.