Ethereum News Today: Ethereum Gains 50% in 30 Days as Upgrades Drive Outperformance Over Bitcoin

Ethereum is gaining renewed attention in the crypto market as analysts begin to revise their price predictions, suggesting that if Ethereum’s scaling upgrades—particularly Ethereum 2.0—continue at their current pace, ETH could outperform Bitcoin in the next bull cycle. The recent implementation of network improvements and a decline in gas fees have strengthened market confidence in Ethereum’s long-term scalability and usability [1]. This optimism is further supported by Ethereum’s expanding role in decentralized finance (DeFi) and Layer 2 solutions, which are becoming critical to driving network activity and adoption [1].

Ethereum’s price has shown strong upward momentum in recent months, with the token rising more than 50% in the last 30 days, far outpacing Bitcoin’s more modest 10% increase [4]. The recent surge in demand is reflected in Ethereum’s on-chain activity, including a significant spike in staking participation, with yields reaching up to 4% for ETH stakers. On August 6 alone, Ethereum processed nearly 1.87 million transactions, a figure that approaches the all-time high recorded in January 2024 [3]. The majority of these transactions were related to stablecoin movements and DeFi interactions, highlighting the platform’s deepening utility.

Market sentiment is also shifting in Ethereum’s favor. The token has gained a 32% increase in market position, while Bitcoin’s dominance has correspondingly declined [2]. This trend points to Ethereum’s increasing appeal among investors seeking exposure to a more versatile and scalable blockchain infrastructure. Analysts have pointed out that the continued success of Ethereum 2.0 upgrades—such as sharding, proof-of-stake, and improved throughput—will be essential in maintaining this upward trajectory and enabling ETH to potentially revisit its previous all-time high of nearly $4,900 before the end of 2025 [1].

Some analysts are even more bullish, with certain forecasts suggesting that Ethereum could break through a new all-time high of $10,000 by the end of next year and reach as high as $12,000 by summer 2025 [1]. These projections are based on the assumption that Ethereum maintains its current development pace and continues to attract institutional and retail adoption. The recent large-scale purchases of over 1.8 million Ethereum tokens by whale addresses in a single month also indicate strong positioning ahead of a potential price breakout [1].

While other blockchains, such as Solana, have at times outperformed Ethereum in daily fee generation, the long-term trend remains favorable for Ethereum due to its ongoing upgrades and broader adoption across the DeFi and Web3 ecosystems [5]. Analysts emphasize that Ethereum’s ability to maintain and accelerate its scaling progress will be a key determinant in its sustained outperformance against Bitcoin and other major digital assets.

The broader crypto market has also seen a general rally, with Bitcoin, Ethereum, and Ripple all experiencing price gains amid positive regulatory developments and growing institutional interest [6]. However, Ethereum’s infrastructure upgrades continue to differentiate it, positioning it as a leading contender in the race for crypto dominance.

Source:

[1] Ethereum Price Prediction: ETH Set To Outperform Bitcoin If ETH 2.0 Scaling Maintains Pace (https://timestabloid.com/ethereum-price-prediction-eth-set-to-outperform-bitcoin-if-eth/)

[2] Make-it Capital Edition 50. THE WORLD AS (https://medium.com/coinmonchs/make-it-capital-edition-50-3adddad196e6)

[3] Crypto Short News – Latest Real-Time Updates (https://coinpedia.org/crypto-live-news/)

[4] NordFX (@nordfx) • Instagram photos and videos (https://www.instagram.com/nordfx/?hl=en)

[5] Research (https://www.blockscholes.com/research)

[6] Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP rally as (https://www.mitrade.com/insights/news/live-news/article-8-1024875-20250808)