Ethereum News Today: Ethereum Surge Drives 37% Gains in Aave as Pepe and Remittix Attract Institutional Interest

Ethereum’s price momentum has accelerated, with large whale purchases and institutional strategies aligning with broader market optimism. A $50 million ETH buy reported over a single weekend underscores renewed interest in the blockchain’s ecosystem, while DeFi tokens and memecoins are gaining traction as speculative plays. Analysts highlight undervalued Ethereum-based assets as potential beneficiaries of this surge, with three tokens—Pepe (PEPE), Aave (AAVE), and Remittix (RTX)—emerging as focal points for significant gains.

Pepe, a meme token, has mirrored Ethereum’s upward trajectory, trading near $0.000014 and showing technical indicators for a 10–15% rise by late July if it maintains support above $0.0000135. Analysts note its bullish momentum, with forecasts suggesting a potential climb to $0.00002 and beyond, though volatility remains a risk, with pullbacks to $0.000009 possible if broader market trends weaken.

Aave, a cornerstone of Ethereum’s DeFi lending protocols, has surged over 37% in a month, currently trading near $308. Institutional demand for lending solutions is expected to drive AAVE higher, with projections pointing to a $359–$378 range by mid-August. A crypto analyst on X emphasized the token’s rapid momentum, stating that AAVE could reach $1,400—a 15–16x gain from its current price—highlighting the growing pressure on Ethereum’s lending infrastructure [1].

Remittix (RTX), a presale token, offers a utility-driven alternative to speculative meme or lending tokens. Positioned as a cross-border crypto-to-bank transfer platform, Remittix aims to address a $19 trillion global payments gap. Its beta wallet, slated for Q3 2025, introduces low-fee transactions and staking features, while audits by CertiK reinforce transparency. Unlike volatile meme coins, Remittix’s infrastructure-focused approach and real-world use cases position it as a long-term value proposition in the DeFi space [1].

The Ethereum ecosystem’s strength is further reinforced by inflows and rising transaction volumes, creating favorable conditions for protocols leveraging its smart contract capabilities. Tokens like Pepe and Aave are capitalizing on social and institutional narratives, while projects like Remittix are building scalable infrastructure to sustain growth. However, investors are cautioned to remain wary of meme coin volatility and conduct due diligence before allocating capital [1].

Source: [1] [ETH Price On Track For New Highs – These 3 Underrated Ethereum Tokens Could 50x During The Surge](https://coinmarketcap.com/community/articles/68816ceecdd3e84fefeed9da/)