Ethereum News Today: Ethereum Surges 80% in 30 Days as Analysts Eye $4,000 Target Amid Outperformance Over Bitcoin

Ethereum’s price has seen a notable 80% surge over the past 30 days, marking a significant rebound after a prolonged period of consolidation. This performance has positioned the altcoin as a focal point in July 2025, with analysts forecasting a potential breakout toward $4,000 [1]. The momentum follows a broader market correction, where Ethereum outperformed Bitcoin (BTC) and XRP, which reported gains of 10% and 40%, respectively, over the same period [1].

Crypto analyst Lark Davis highlighted on X that Ethereum is on the verge of a critical price level, with $4,000 identified as a key target. Davis noted that Ethereum’s proximity to this threshold is driven by building momentum and a technical setup that suggests a bullish bias [1]. Meanwhile, another analyst, JACKIS, asserted that Ethereum is unlikely to trade below $3,000 again, framing any such decline as a sign of systemic failure. However, JACKIS acknowledged a temporary correction to $3,400 remains possible [1].

The trajectory of Bitcoin dominance has historically influenced Ethereum’s price. Currently at 61%, Bitcoin dominance is in a downtrend, and analysts observe that a drop to around 40% could catalyze a 200% rally in Ethereum. This pattern aligns with prior market cycles, where lower Bitcoin dominance correlated with altcoin strength [1].

Institutional interest in Ethereum has further intensified, with BitMine, a mining company, emphasizing the asset’s macroeconomic significance. Tom Lee, BitMine’s chair, compared stablecoins to the “ChatGPT moment” for crypto, projecting a tenfold rise in stablecoin market capitalization to $4 trillion. Over 60% of stablecoins are built on Ethereum, directly boosting demand for the token [1]. Additionally, Wall Street’s exploration of asset tokenization on Ethereum has driven institutional adoption, reinforcing long-term bullish sentiment [1].

BitMine’s research cited a potential $704,000 long-term value for Ethereum—a 18,000% increase from its current level—though this projection is illustrative. A more conservative estimate of $60,000 implied value was derived from consulting research firms, reflecting the token’s replacement cost relative to Wall Street activities [1]. These figures, while speculative, underscore the growing institutional recognition of Ethereum’s utility beyond speculative trading.

Market participants are also monitoring Ethereum’s ETF inflows and declining supply metrics as bullish signals. Whale accumulation and institutional participation have pushed the price above $3,800 in early July, with a weekly close above $4,000 viewed as a pivotal milestone for sustained momentum [2]. Short-term targets from analysts like Fundstrat’s Mark Newton extend to $4,500, while longer-term forecasts reach $15,000, grounded in on-chain data and macroeconomic trends [3].

The broader crypto market has shown signs of an “altcoin season,” with Ethereum’s rally sparking optimism for smaller assets. However, the focus remains on Ethereum’s ability to maintain its upward trajectory amid Bitcoin’s volatility. Bitcoin’s recent recovery to $119,000 has coincided with Ethereum’s surge, yet the latter is increasingly seen as a standalone indicator of market confidence [5].

Key risks include the need for sustained buying pressure to break through resistance levels, as technical patterns like inverse head-and-shoulders formations suggest a fragile breakout. External factors such as macroeconomic shifts and regulatory developments remain watchpoints for traders [8].

Ethereum’s current rally reflects a convergence of analyst forecasts, institutional adoption, and on-chain activity. As the month progresses, the cryptocurrency’s performance relative to Bitcoin and the broader altcoin ecosystem will likely determine whether it reaches $4,000 or faces a correction.

Source:

[1] NewsBTC, https://www.newsbtc.com/news/ethereum/analyst-forecasts-major-surge-for-ethereum-price-eyeing-4000-in-its-best-july-yet/

[2] Brave New Coin, https://bravenewcoin.com/insights/ethereum-eth-price-prediction-ethereum-etf-inflows-ignite-supply-shock-fears-and-4000-breakout-momentum

[3] CoinCentral, https://coincentral.com/ethereum-eth-price-weekend-rally-towards-4k-as-smart-money-accumulates/

[4] CoinJournal, https://coinjournal.net/news/ethereum-price-prediction-eth-eyes-new-all-time-highs-in-august-whales-buy-up-pepe-and-remittix/

[5] 99Bitcoins, https://99bitcoins.com/news/altcoins/live-bitcoin-briefly-reclaims-119k-as-ethereum-climbs-toward-4k-best-crypto-to-buy/

[6] Brave New Coin, https://bravenewcoin.com/insights/ethereum-eth-price-prediction-eth-eyes-massive-rally-beyond-ath-as-nasdaqbtc-ceo-sees-institutional-surge-like-bitcoin

[7] Brave New Coin, https://bravenewcoin.com/insights/ethereum-eth-price-prediction-eth-eyes-massive-rally-beyond-ath-as-nasdaqbtc-ceo-sees-institutional-surge-like-bitcoin

[8] BlockchainReporter, https://blockchainreporter.net/top-crypto-coins-2025-blockdag-ethereum-chainlink-cardano-poised-for-major-growth/