Ethereum News Today: Ethereum Surges 21.87 as SEC Clears ETH as Non-Security

Ethereum and Dogecoin are both showing strong performance in August 2025, but their investment profiles differ significantly. Ethereum, the leading smart contract platform, has a market capitalization of over $509 billion and has gained 21.87% in the past week, with its price recently crossing $4,200 [1]. Analysts speculate that Ethereum could move toward $5,000 in the coming months, driven by its “Lean” roadmap, which includes scaling Layer 1 to handle 10,000 transactions per second by 2026 and integrating quantum-resistant cryptography [1]. The Fusaka upgrade, already on testnet in Q3 2025, is expected to further enhance the network’s scalability and security [1].

A major regulatory development in July 2025 saw the U.S. Securities and Exchange Commission (SEC) confirm that ETH is not a security, removing a key overhang and boosting investor sentiment [1]. This development has increased speculation about the potential approval of a staking-enabled Ethereum ETF by BlackRock, with analysts forecasting over $8 billion in inflows within 90 days if the product is approved [1].

From a technical perspective, Ethereum’s RSI stands at around 47, suggesting the asset is not yet overbought. The key support level is at $4,100, and the resistance level is around $4,300. A breakout above this level could trigger a fresh rally toward $4,500–$4,800 in late August [1].

In contrast, Dogecoin has gained 18.99% in the past seven days and is trading near $0.2334 with a market cap of $35.1 billion [1]. Much of this rally is attributed to whale activity, with institutional players accumulating 3.4 billion DOGE (worth $785 million) since January 2025 [1]. However, Dogecoin’s volatility was evident in early August when $21 million in positions were liquidated during a 10% price drop [1].

Derivatives open interest has surged to $3.82 billion amid speculation about a potential DOGE ETF, although funding rates remain modest at +0.009% [1]. A clean breakout above $0.25 could trigger a wave of FOMO (fear of missing out) buying. One of the most bullish developments under consideration is a GitHub proposal to reduce Dogecoin’s annual issuance by 90%, which would cut inflation from 3.3% to 0.33%. If enacted, this change could bring Dogecoin closer to a Bitcoin-like scarcity model, though miner resistance remains a challenge [1].

Elon Musk remains a key influencer for Dogecoin, with rumors of DOGE integration into X (formerly Twitter) and Tesla’s Dubai expansion keeping retail interest high [1]. However, the SEC has not shown strong support for memecoin ETFs, leaving regulatory uncertainty as a headwind [1].

Technically, Dogecoin’s RSI is in the low 30s, indicating it is approaching oversold territory. Holding the $0.23 level could set up a short-term bounce, while a breakdown below it could send the price toward $0.21 [1].

For investors seeking a long-term, utility-driven asset with strong institutional support, Ethereum stands out. Its technological roadmap, regulatory clarity, and potential ETF approval make it well-positioned for sustained growth. A move above $4,300 could open the door to new all-time highs [1].

Dogecoin, on the other hand, is a high-risk, high-reward asset. Its performance is heavily influenced by whale activity, social media hype, and regulatory developments. While it offers the potential for explosive short-term gains, it is also prone to sharp corrections and remains less predictable than Ethereum [1].

If current trends continue, Ethereum could retest $4,300 within days, with a breakout potentially pushing it toward $4,500–$4,800 by late August. Strong ETF-related news could accelerate a move toward $5,000. Dogecoin is likely to remain range-bound between $0.21 and $0.25 in the short term, with a confirmed breakout above $0.25 potentially pushing it toward $0.28–$0.30, though sustained gains will depend on continued whale support and progress on the inflation-cut proposal [1].

In August 2025, Ethereum appears to be the more dependable investment for those seeking long-term value, while Dogecoin is better suited for traders willing to accept volatility in pursuit of speculative gains [1].

Source: [1] Ethereum vs. Dogecoin: Which is the Better Investment in August 2025? (https://coinmarketcap.com/community/articles/68986ec64aa6a72cbd7c7460/)