Ethereum News Today: Ethereum Surges Past $3,600 on $1.6M ETF Inflows and Rising On-Chain Activity

Ethereum surged past $3,600 in early August 2025, fueled by strong institutional interest and significant inflows into Ethereum spot ETFs. According to market data from Binance, net inflows into these ETFs reached $1.6 million in July—more than double the inflows observed in December 2024. The increase in institutional capital highlights growing recognition of Ethereum as a legitimate long-term asset class within the broader financial ecosystem [1].

This price surge follows a notable uptick in on-chain activity. On August 3, Ethereum's daily active addresses reached 841,100, marking the highest level in over a year [1]. The rise in active addresses suggests increasing participation from both retail and institutional investors, reinforcing Ethereum’s growing adoption and usage. Additionally, the creation of nearly 257,000 new Ethereum addresses in a single day further underscores the heightened interest in the network [1].

Market dynamics indicate that Ethereum’s recent performance is closely linked to broader macroeconomic trends, including the expansion of global liquidity. Analysts have noted historical correlations between periods of rising M2 money supply and bullish phases in the cryptocurrency market. Ethereum’s current trajectory aligns with these patterns, suggesting that its price action may continue to reflect macroeconomic shifts [1].

Technical analysis points to key levels that could influence Ethereum’s near-term direction. Support levels at $2,924 and $2,750 have been identified as critical indicators of whether the price will consolidate or experience a pullback. Maintaining a position above $3,600 will be crucial in determining the next phase of Ethereum’s price movement [1].

Looking ahead, some analysts have projected that if Ethereum can reclaim and sustain a position above $4,000, it could see an 8%–10% rise in the short term, potentially reaching $4,200–$4,500 by the end of August [2]. However, any decline below $3,600 could trigger a retest of these support levels. Long-term forecasts suggest that continued institutional adoption could drive Ethereum’s price beyond $10,000, particularly if it maintains its leadership in the smart contract space [3].

Ethereum’s recent resilience has also been contrasted with Bitcoin’s performance, as the latter dipped below $115,200 amid U.S. tariff concerns and profit-taking behavior. While Bitcoin saw greater volatility, Ethereum remained relatively stable, illustrating its unique position as a growing asset class supported by ETF inflows and increasing institutional engagement [4].

Despite the positive momentum, investors are encouraged to proceed with caution and perform due diligence, given the inherent volatility of the crypto market. However, the confluence of macroeconomic trends, rising on-chain activity, and institutional interest suggests that Ethereum is on a strong near-term trajectory [1].

Source:

[1] Ethereum Eyes Breakout: 1.6M ETF Inflows Hint at Surge (https://coinmarketcap.com/community/articles/68908df4f66ec432fbcd032a/)

[2] Ethereum Price Prediction: ETH Price in 2025, 2026, 2027 (https://coindcx.com/blog/price-predictions/ethereum-price-weekly/)

[3] Ethereum price prediction 2025, 2026, 2027-2031 (https://www.cryptopolitan.com/ethereum-price-prediction/)

[4] Bitcoin slips below $115200 as U.S. tariffs rattle markets (https://www.msn.com/en-in/money/markets/bitcoin-slips-below-115200-as-us-tariffs-rattle-markets-ethereum-solana-dogecoin-fall-up-to-8/ar-AA1JHIZb)