Ethereum News Today: Ethereum surges 10% as ETF inflows and staking boost bullish momentum

Ethereum’s price has gained significant momentum, rising approximately 10% in a single day and inching closer to its all-time high of $4,867. Traders and analysts are increasingly optimistic, with some predicting a potential price surge toward $13,000 if the market continues its current bullish trajectory [1]. This projection, while speculative, is gaining traction amid growing demand and increased capital inflows into Ethereum-based products [2].

The recent rally has been supported by strong inflows into spot Ethereum ETFs, which have received over $2.3 billion in net inflows over the past six days. Notably, the record $1 billion inflow on August 11 marked a significant milestone and demonstrated renewed investor confidence in the asset [1]. According to on-chain data provider Glassnode, Ethereum’s strength has also acted as a bellwether for broader altcoin performance, with its price movements reinforcing bullish sentiment across the crypto market [1].

In addition to ETF inflows, Ethereum’s staking activity has also surged, with over 30% of the supply currently staked and unavailable for immediate sale. This dynamic is seen as a positive sign for price stability and upward potential. Meanwhile, institutional accumulation of ETH has continued, with major entities holding over $16.5 billion in Ethereum. BitMine Immersion Technologies leads with 1.2 million ETH, followed by SharpLink Gaming and The Ether Machine, which have also seen substantial growth in their holdings [1].

Network activity on Ethereum is also reaching near-record levels, with daily transaction counts hitting 1.87 million on August 12. Over the past month, the network has processed over 50 million transactions, the highest in more than a year. This surge in usage is complemented by a total value locked (TVL) of $95 billion in decentralized finance (DeFi), reinforcing Ethereum’s role as a key infrastructure layer for the digital economy [1].

Analysts have highlighted the $4,700 level as the next major resistance, with a decisive break expected to trigger a more speculative phase. According to Glassnode, this price level represents the +1 standard deviation of Ethereum’s active realized price and is often associated with increased selling pressure [1]. However, a sustained breakout could signal the beginning of a price discovery phase, where Ethereum could see further gains. Some technical analysts suggest that Ether may reach beyond $10,000, with bullish megaphone patterns and prior bull market trends supporting price targets as high as $13,000 [1].

While these forecasts remain speculative, they underscore the growing confidence in Ethereum’s long-term potential. Standard Chartered has raised its 2025 price target for ETH to $7,500, citing favorable macroeconomic conditions such as rising U.S. debt and money supply growth [4]. These developments are seen as creating a supportive backdrop for digital assets, particularly as institutional adoption continues to expand.

Ethereum’s current performance reflects a combination of strong on-chain fundamentals, robust market demand, and positive technical signals. While the path to a new all-time high may not be linear, the underlying momentum suggests that the market is in a bullish phase. Investors are closely watching for confirmation of a breakout above key resistance levels, which could catalyze further price appreciation and bring the ambitious $13,000 target into sharper focus.

Source:

[1] Ethereum 'marching' toward all-time highs as traders predict $13K ETH price (https://cointelegraph.com/news/ethereum-marching-toward-all-time-highs-as-traders-predict-13k-eth-price)

[2] Ethereum 'marching' toward all-time highs ... (https://mx.advfn.com/bolsa-de-valores/COIN/ETHUSD/crypto-news/96625328/ethereum-marching-toward-all-time-highs-as-tra)

[4] Standard Chartered hikes 2025 ETH target to $7.5 (https://mx.advfn.com/bolsa-de-valores/COIN/ETHUSD/crypto-news/96625329/standard-chartered-hikes-2025-eth-target-to-7-5k)