Ethereum News Today: Ethereum's Bull Run Gains Institutional Momentum

A major Ethereum whale has resumed accumulation after a 10-day hiatus, purchasing $10 million worth of ETH, according to on-chain tracking data. This follows a recent surge in Ethereum's price, which reached a new all-time high of $4,945.60 on Sunday, surpassing its previous record of $4,878, which had stood since late 2021. The buying activity by large investors underscores the renewed institutional interest in the cryptocurrency, contributing to a broader bullish trend in the market [1].

The price rally has been supported by a range of factors, including the rapid adoption of Ethereum by corporate treasuries and the growing appetite for Ethereum-based ETFs. For example, companies such as SharpLink Gaming (SBET), BitMine Immersion Technologies (BMNR), and EthZilla (ETHZ) have followed the lead of Michael Saylor’s MicroStrategy by acquiring significant quantities of Ethereum. BitMine Immersion, in particular, has amassed over $7 billion in ETH holdings, while SharpLink Gaming holds more than $3.6 billion in the asset [2].

In addition to corporate demand, regulatory clarity has played a pivotal role in Ethereum’s recent performance. The U.S. Securities and Exchange Commission (SEC) has issued updated guidance on staking services, allowing liquid staking providers to operate without the need for regulatory registration. This marks a departure from the more restrictive policies of the previous administration. Furthermore, the passage of the GENIUS Act has provided a legal framework for stablecoins, which predominantly use the Ethereum blockchain. These developments have added a layer of legitimacy to Ethereum’s ecosystem, attracting both retail and institutional investors [2].

The surge in Ethereum’s value has also been supported by macroeconomic factors. Recent comments from Federal Reserve Chair Jerome Powell on the potential for interest rate cuts triggered a sharp rally in the broader crypto market, with Ethereum rising nearly 8% in a single hour. The move coincided with a record-breaking day for U.S. spot Ethereum ETFs, which saw over $1 billion in net inflows for the first time since their launch [2]. This outperformed Bitcoin ETFs, which had dominated inflows earlier in the year, signaling a shift in investor preference toward Ethereum.

Analysts have attributed Ethereum’s success to its unique economic model and technological infrastructure. Unlike Bitcoin, which operates as a store of value, Ethereum functions as a programmable blockchain, enabling the creation of decentralized applications and smart contracts. This has made it the preferred platform for stablecoin transactions, which are expected to grow further as the GENIUS Act takes effect. Additionally, Ethereum’s design limits the issuance of new ether, maintaining a constrained supply and potentially enhancing scarcity as demand increases [1].

The recent price action and accumulation by whales suggest that Ethereum is maintaining its position as the leading alternative to Bitcoin in the crypto space. Institutional investors are increasingly recognizing the distinct value proposition of Ethereum, particularly in applications beyond simple currency transfers. With regulatory tailwinds and growing adoption across multiple sectors, the cryptocurrency appears well-positioned for further gains in the near term.

Source: [1] Ether, the number two crypto, closes on bitcoin (https://www.axios.com/2025/08/24/ether-all-time-high) [2] Ethereum jumps record price move (https://finance.yahoo.com/news/ethereum-jumps-record-price-move-184709473.html)