Ethereum News Today: Ethereum Surges 7.48% to $3,600 on Institutional Interest

Ethereum has achieved a significant market milestone by surpassing the $3,600 mark on July 18, 2025. This surge in price is attributed to robust institutional interest, as confirmed by Binance Market Data. The cryptocurrency experienced a 7.48% increase in 24 hours, reaching a price of $3,600.629883 USDT. This event underscores the growing confidence among institutional investors, who have been driving historic ETF inflows into Ethereum.

The market reaction to Ethereum's price surge has been notably bullish, with positive impacts observed on related assets. The significant ETF inflows, totaling $727 million, mark the largest since January 2025. This influx of capital has contributed to a 23% weekly gain for Ethereum, further solidifying its position as a leading cryptocurrency. Despite the lack of official statements from Ethereum leaders, the market momentum remains strong, with exchanges prominently reporting the event.

The impact of Ethereum's price surge extends beyond the cryptocurrency itself. While Bitcoin has trailed with a 13% increase, the overall market sentiment remains positive. Related tokens in the Layer 2 and DeFi spaces have also shown increased activity, driven by historical price patterns observed post-upgrades. Investors are optimistic about sustained momentum, influenced by protocol upgrades and high on-chain activity. Past ETF-induced rallies have demonstrated the potential for further price increases, and the outlook remains positive given stable market indicators.

Ongoing sentiment remains optimistic, despite the absence of immediate regulatory commentary. The notable institutional participation affirms confidence in Ethereum's long-term prospects. Historical trends further suggest continued market strength, with Ethereum's price rally driven by several key factors. These include significant inflows into Ethereum Spot ETFs, peaking institutional demand, and bullish market sentiment. The recent price surge has led to a 10% rally, pushing Ethereum to a six-month high of $3,476. This rally has positioned Ethereum as one of the most bullish cryptocurrencies, outperforming Bitcoin and many altcoins.

The price surge can be attributed to several factors, including massive spot ETF inflows and institutional demand. Firms have been accumulating large amounts of ETH, with the top 10 Ethereum treasury companies buying over 1.6 million ETH. Whale activity, particularly around exchange withdrawals and buying, has also contributed to the upward momentum. The crypto market's bullish turn has led to a massive short squeeze, with short positions liquidated, further propelling the rally. The decline in Bitcoin dominance and the rise in ETH's dominance, along with the increase in the AltSeason index, have also contributed to the rally.

Despite the 10% rally, Ethereum is still trading below the crucial $3,500 mark, currently at $3,472.38 with a market capitalization of $419.1 billion. Experts believe it is only a matter of time before this mark is achieved, considering the institutional demand and the market's bullishness. Crypto analysts have advised investors to watch for major resistance between $3,500 and $3,600. Overcoming this resistance could propel the altcoin towards $4,000, and potentially $10,000 in the long run. Although the odds of trend reversal persist, the long-term Ethereum price prediction remains bullish.