Ethereum News Today: Ethereum Market Dominance Surges 10% as ETH/BTC Ratio Hits 0.02549

The ETH/BTC ratio surged to 0.02549 on July 4, 2025, indicating a significant increase in investor confidence in Ethereum relative to Bitcoin. This surge was driven by key upgrades and market activity, pushing Ethereum’s market dominance above 10%, a level not seen since March 2020. This shift has sparked discussions among market participants about a potential rally toward the $4,000 mark for Ethereum.

The ETH/BTC ratio reaching 0.02425 marked its highest point in years, reflecting growing interest in Ethereum compared to Bitcoin. Analysts like Michaël van de Poppe and Rekt Capital noted that this move resembled past cycles where Ethereum gained momentum. They pointed out that the ratio had bounced from a long-term support level that was last tested in 2020, a level historically linked to past Ethereum runs. Data from CryptoQuant showed that the ETH/BTC ratio had already jumped 38% in May, often following periods when Ethereum had been undervalued. Technical charts also supported the trend, with a bullish MACD crossover appearing on the weekly timeframe.

Ethereum’s share of the overall crypto market passed 10% in July 2025, marking its highest level since March 2020. This increase in market share has sparked discussions about a possible pattern similar to one seen between 2019 and 2020. If this pattern repeats, Ethereum’s price might continue to gain ground in the coming months. Michaël van de Poppe added that when Ethereum gains strength like this, it often leads the way for altcoins. Some movements have already started, with XRP and SUI seeing price jumps of 2.36% and 5.8% within a day. The Altcoin Season Index, which measures altcoin strength compared to Bitcoin, was still at 30 out of 100, indicating that Bitcoin still led the market overall, but attention is slowly shifting. Ethereum ETFs also recorded increased inflows during this time, and developer activity on the Ethereum network continued to rise, adding weight to the idea that Ethereum’s momentum could drive wider activity across altcoins.

Arthur Hayes, co-founder of BitMEX, shared his views on Ethereum in a recent post, calling it “ETH season” and stating that Ethereum still had strong foundations. Hayes mentioned total value locked and developer work as key reasons behind his confidence. In previous comments, he also said that Ethereum could reach $10,000 over time, a prediction that will be more visible if corporate use and market liquidity continue to grow. Hayes’ firm, Maelstrom Fund, increased its Ethereum investments recently, focusing on leading projects across DeFi. His comments came as Bitcoin pulled back to $118,902.89, with the broader market seeming to be gaining strength, adding support to Ethereum’s rise.

With the ETH/BTC ratio hitting a key level, Ethereum’s market share is growing, and altcoins are showing signs of movement. Investors continued to watch for what might come next. Whether the Ethereum price reaches $4,000 may depend on how long this momentum lasts. The recent Pectra upgrade, which focused on improving the network’s performance, has attracted strong institutional interest, further fueling the rally. The surge in Ethereum’s dominance and the ETH/BTC ratio reaching new highs have raised expectations among market participants for a potential rally toward $4,000. The growing interest in Ethereum, coupled with key upgrades and market activity, has positioned it as a strong contender in the crypto market, with analysts and investors closely monitoring its performance.