Ethereum News Today: Ethereum Surges 8% as Institutional Activity Drives Crypto Rally

Ethereum (ETH) experienced a strong price surge on August 13, 2025, reaching above $4,600 and posting a rally of over 8% in the previous 24 hours. The asset briefly approached $4,700 before consolidating, with analysts attributing the upward movement to increased institutional activity. This development coincided with a broad-based crypto market rally, where major sectors such as Layer1, Layer2, DeFi, and Meme tokens all recorded gains ranging from 4% to 7% [1]. Chainlink (LINK) and Solana (SOL) were among the top performers, rising 10.38% and 9.97%, respectively, while Fartcoin (FART) saw the largest gain at 18.39% [1].

In parallel, Polymarket traders have placed a 65% probability on Ethereum reaching $5,000 within the month, indicating strong short-term optimism. This level of confidence is seen as a sign that Ethereum may be breaking out of a months-long consolidation phase. The sentiment appears to be driven by growing institutional interest and the continued maturation of the Ethereum ecosystem [1].

Meanwhile, Bitcoin (BTC) remained stable around $119,000, having previously touched $122,000 but retreating slightly since. The absence of major bearish pressures has helped support a risk-on environment in crypto markets. The AI sector also showed signs of recovery, with tokens such as Bittensor and Render rising over 6% [1].

The recent surge in Ethereum has reignited discussions about its potential to reach higher price levels. Institutional trading volumes have hit record levels, suggesting that large investors are beginning to re-enter the market. However, analysts caution that while Polymarket’s 65% probability reflects strong market sentiment, it should not be interpreted as a guarantee of reaching $5,000 [1].

The broader market performance underscores a renewed interest in crypto assets, particularly among institutional investors and experienced traders. Nevertheless, volatility remains a key factor, and Ethereum’s ability to hold a sustained close above $4,700 will be a key indicator of whether this rally could signal a more significant bullish phase [1].

Source: [1] [LIVE] Crypto News Today: Latest Updates for August 13, 2025 – Ethereum Price Rallies Past $4.6K, Polymarket Sees 65% Odds of $5K This Month (https://cryptonews.com/news/live-crypto-news-today-latest-updates-for-august-13-2025/)