Ethereum News Today: Coinbase Benefits as Ethereum Price Surges 40% in July

Coinbase has seen a significant increase in trading activity and staking engagement as Ethereum’s price surges to multi-year highs, according to recent reports. The exchange’s deep integration with Ethereum-based products, including staking services, Ethereum Layer 2 solutions, and a broad range of altcoins, positions it to benefit from the growing volume and network activity. Bernstein analysts note that Coinbase is well-positioned to capitalize on Ethereum’s rally and the concurrent rise of altcoin interest, which is drawing in more traders and stakers to the platform [1].

Since June, Ethereum’s price increase has driven a 40% rise in Coinbase's trading fees, highlighting the strong correlation between Ethereum’s performance and the exchange’s revenue streams. This trend is supported by broader market activity, as over 24 additional companies added Ethereum to their balance sheets in July, boosting the asset’s institutional adoption and credibility [4]. The increased corporate demand has further reinforced Ethereum’s role in the evolving crypto landscape.

In addition to trading, Ethereum staking has gained momentum on Coinbase, particularly with the introduction of the Pectra upgrade. This update, which includes EIP-7702 smart accounts and EIP-7251’s validator balance limit increase, has made staking more accessible and efficient. The result is a growing interest in Ethereum-based passive income strategies, with investors favoring stable returns over speculative trading [7].

Structural changes in Ethereum ETF operations are also contributing to the asset’s performance. The U.S. Securities and Exchange Commission’s approval of in-kind creation and redemption mechanisms has improved the efficiency of Ethereum ETFs, reducing tracking errors and spreads. This has led to increased investor confidence, with Ethereum ETFs recording net inflows of approximately $5.39 billion in July alone, bringing total AUM to $19 billion since their launch [8].

The broader Ethereum ecosystem is also showing signs of resilience, with transaction volumes approaching all-time highs. This reflects the network’s expanding utility and adaptability amid increased demand. Coinbase’s role in facilitating these transactions, alongside its Base chain and staking infrastructure, is further solidifying its position as a key player in the Ethereum ecosystem [5].

Analysts suggest that if Ethereum continues to attract capital at the same rate as Bitcoin, the asset could see price levels between $5,000 and $6,000. This projection is based on historical price elasticity and the assumption that Ethereum could capture 30 to 40% of Bitcoin’s year-to-date inflow rate [8]. While Ethereum remains below its historical peak relative to Bitcoin, the current market conditions indicate strong potential for further growth.

Coinbase’s strategic alignment with Ethereum and its ecosystem upgrades is expected to drive continued engagement from both retail and institutional participants. The exchange’s user-friendly platform and broad token offerings are key factors in attracting new users and diversifying revenue sources beyond Bitcoin. However, analysts caution that the crypto market remains volatile, and regulatory shifts could impact trading dynamics [2].

Source: [1] Coinbase to benefit most as ETH climbs to multi-year high... (https://www.theblock.co/post/366347/coinbase-ethereum-alt-season)

[2] Coinbase Ethereum Rally Boosts Trading and Staking (https://coinfomania.com/coinbase-ethereum-rally-trading-staking/)

[3] Coinbase Is Becoming a Major Ethereum-Focused Player, ... (https://www.coindesk.com/markets/2025/08/11/coinbase-is-becoming-a-major-ethereum-focused-player-bernstein-says)

[4] Coinbase's Ethereum Exposure Drives 40% Trading Fee ... (https://www.ainvest.com/news/ethereum-news-today-coinbase-ethereum-exposure-drives-40-trading-fee-surge-july-2508/)

[5] Ethereum Led July Rally as Corporate Holdings Surged ... (https://cryptonews.com/news/ethereum-july-rally-corporate-treasury-holdings-surged/)

[6] ETH Transaction Volume Climbs on Price Rally, Cheaper ... (https://www.coindesk.com/tech/2025/08/11/eth-transaction-volume-climbs-on-price-rally-cheaper-defi-costs)

[7] Ethereum's Rally Fuels New Wave of Passive Income with ... (https://coincentral.com/ethareums-rally-fuels-new-wave-of-passive-income-with-winnermining/)

[8] Why $5.4 billion in July inflows could fuel Ethereum's ... (https://cryptoslate.com/why-5-4-billion-in-july-inflows-could-fuel-ethareums-biggest-rally-yet-toward-6k)