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Ethereum has triggered a wave of
across the altcoin market, with its recent price breakthrough above $4,000 after 250 days marking a pivotal moment in the broader crypto landscape. This surge has reignited interest in smaller cryptocurrencies, as investors speculate on potential follow-through from the leading altcoin’s momentum. On August 3, 2025, Ethereum’s price movement signaled the start of a possible bull cycle, reinforcing expectations of continued gains if the $4,100 resistance level is successfully breached [1]. Analyst Dan Gambardello highlighted this level as a critical threshold for , with a breakout likely to extend bullish sentiment to altcoins [2].Among the top performers, AERO Coin has surged 26% in the last 24 hours and posted a 32% gain for the week, retesting the $1 level for the first time in 51 days [1]. PENDLE Coin closely followed, rising 18% daily with a 40% weekly gain, maintaining above the key $4.86 support. LDO, benefiting from recent SEC approval for liquid staking, has seen a 12% daily increase and a 20% weekly rise, nearing the $1.2 resistance level that has remained unbroken for 160 days [3]. XLM Coin also showed strength, with buyers capitalizing on its 15% rally from $0.36 to $0.45, while PEPE, a prominent meme coin on the Ethereum network, has gained nearly 20% from its recent lows [4].
The broader altcoin market has responded to Ethereum’s surge with a rising total crypto market cap of $3.76 trillion in early August, driven by gains in
and other major altcoins. XRP alone surged 12% in a single day, while Ethereum rose 7.3% to $3,935 [5]. Over the past week, XRP and Ethereum recorded gains of 11.7% and 6%, respectively. These trends suggest a shift in investor focus from large-cap assets to smaller, high-growth altcoins, particularly those in the presale stage [6].Institutional adoption has also played a role in Ethereum’s price action, with treasury holdings and increased staking demand contributing to a 163% rise in ETH value from its April lows [3]. Vitalik Buterin has expressed support for corporate adoption of Ethereum but warned of speculative risks. On-chain data further supports a bullish outlook, with increased exchange outflows indicating growing long-term confidence [4].
Despite these positive developments, some altcoins remain under pressure.
, for instance, has struggled at key resistance levels, with historical patterns indicating potential for retracement unless a strong breakout occurs [7]. Nevertheless, the overall altcoin market continues to display strong bullish momentum, as investors seek to diversify their portfolios by allocating capital to high-potential projects.Ethereum’s recent price performance has positioned it as a catalyst for the broader crypto market, with regulatory clarity, macroeconomic optimism, and growing institutional interest underpinning the upward trend. As Ethereum continues to test critical price levels, the market remains attentive for signs of a sustained bull cycle [1][2][5].
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Source:
[1] title1.............................(https://www.ainvest.com/news/ethereum-news-today-ethereum-surges-4-000-250-days-driving-altcoin-optimism-2508/)
[2] title2.............................(https://www.ainvest.com/news/ethereum-news-today-ethereum-approaching-4-100-threshold-spark-altcoin-rally-2508/)
[3] title3.............................(https://www.binance.com/en/square/post/08-08-2025-ethereum-price-news-ethereum-transactions-hit-all-time-high-as-sec-clarity-staking-boom-fuel-eth-price-rally-28042237028633)
[4] title4.............................(https://crypto-economy.com/best-crypto-for-2025-ethereums-chart-holds-pepe-pumps-but-cold-wallet-rewards-early-users-with-4900-roi/)
[5] title5.............................(https://cryptoadventure.com/ether-dogecoin-rally-as-xrp-soars-12-in-altcoin-led-crypto-surge/)
[6] title6.............................(https://cryptodnes.bg/en/next-1000x-crypto-3-coins-that-can-make-millionaires-in-2025/)
[7] title7.............................(https://coincentral.com/best-crypto-to-buy-now-doge-vs-5-altcoins-3/)

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