Ethereum News Today: Ethereum Surges 45% on Staking Growth and Institutional Demand

The cryptocurrency market is currently being driven by three major narratives—Ethereum's staking growth, Binance's institutional influence, and the ongoing impact of the FTX bankruptcy estate. These themes are reshaping investor sentiment and capital flows, creating a dynamic landscape where risk-on behavior and yield-seeking strategies are gaining traction.

Ethereum continues to lead the market with a 45% price increase over the past 30 days. This surge is attributed to growing staking participation, now exceeding 35 million ETH locked in the network. Institutional buying has also played a key role, supported by the launch of ETF products. Additionally, layer-2 solutions such as Base are gaining traction, with total value locked reaching $11.76 billion. Ongoing upgrades, including zkEVM enhancements, further strengthen Ethereum’s position as a long-term infrastructure player [1].

Binance’s native token, BNB, has also seen significant movement, rising above $860 amid a wave of corporate treasury inflows. A notable example is CEA Industries, which allocated $500 million to BNB. The exchange continues to dominate BTC futures trading, capturing 87% of taker volume. Binance’s DeFi expansion is also accelerating, with over 50,000 TreehouseFi wallets and growing interest in AI-related token projects. These developments highlight Binance's evolving role as an institutional powerhouse [1].

Meanwhile, the FTX bankruptcy estate is transforming from a cautionary tale into a potential catalyst for value creation. A $1.9 billion creditor repayment round has enabled the estate to settle 98% of claims at 119%, with some of the returned funds being reinvested into high-yield DeFi platforms. Solana (SOL), for instance, has seen its price rise over 680% since 2022, significantly boosting the estate’s asset valuation. The estate’s movement into decentralized finance platforms like Pendle, offering over 100% APR on BTC and ETH pools, reflects a shift toward yield-generating strategies [1].

Altcoins are also gaining momentum amid broader market optimism. ETF inflows reached $18.2 billion, and investors are increasingly looking to alternative assets as they anticipate the Federal Reserve’s September policy decision. Tokens such as IP, PENGU, and TRX are being flagged for their breakout potential based on technical indicators and market positioning. Others, like XRP, Dogecoin, and Stellar, have seen notable price surges, with XRP and DOGE both rising over 25% in a short period [3].

The interplay of macroeconomic factors, institutional activity, and speculative momentum is creating a complex environment for investors. Ethereum, BNB, and FTX-linked assets remain central to this narrative, with their performance likely to influence broader risk appetite in the crypto market.

Source: [1] Top 3 Trending Crypto Narratives Right Now (https://coinmarketcap.com/community/articles/688b7eece798744f91d5f9c2/)

[3] The Three Cryptos Set to Soar on a White House Push (https://investorplace.com/hypergrowthinvesting/2025/07/the-three-cryptos-set-to-soar-on-a-white-house-push/)