Ethereum News Today: Ethereum Surpasses $4,700 as Bybit Outlines 2035 Growth Roadmap

Ethereum continues to edge closer to its all-time high, trading above $4,700, as Bybit releases a detailed report outlining the network’s evolution and strategic vision through 2035. The report, titled Ethereum at 10: A Decade of Disruption and the Road Ahead, highlights Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), as well as its expanding role in decentralized finance (DeFi), non-fungible tokens (NFTs), and tokenized real-world assets [1].

According to the analysis, Ethereum is on track to undergo major upgrades aimed at improving scalability, efficiency, and security. The roadmap includes scaling solutions such as sharding and Layer 2 (L2) rollups, which could enable the network to process millions of transactions per second. These advancements are expected to reduce transaction costs and enhance user experience, positioning Ethereum as a secure and efficient settlement layer for a wide range of applications [1].

The report also forecasts Ethereum’s emergence as a benchmark yield asset through staking rewards, with increasing institutional adoption from major players like Blackrock, Visa, and Deutsche Bank. These entities are leveraging Ethereum for tokenization and enterprise infrastructure, signaling a broader shift toward the adoption of blockchain-based solutions in traditional finance [1].

By 2035, Bybit projects that Ethereum could handle trillions in annual on-chain activity, supported by a stable or even deflationary ETH supply. This projection aligns with recent market trends, as Ethereum’s price has surged past $4,600, driven by strong on-chain activity and institutional buying. Ether treasury companies and spot ETFs have collectively purchased 3.8% of the circulating supply since early June, indicating a growing confidence in the asset [3].

Standard Chartered analysts have also raised their price targets for Ethereum, increasing their 2025 year-end forecast to $7,500 from $4,000. The bank’s 2028 target has been set at $25,000, based on Ethereum’s growing adoption in corporate treasury strategies. According to analyst Geoff Kendrick, companies are purchasing ether at a rate twice that of Bitcoin, further fueling demand [3].

Regulatory developments are also contributing to Ethereum’s positive momentum. The U.S. GENIUS Act, passed in July 2025, is expected to boost stablecoin adoption, with more than half of stablecoins issued on the Ethereum blockchain. These assets already account for 40% of the chain’s total fees, reinforcing Ethereum’s position as a core infrastructure layer for the digital economy [3].

Ethereum’s price action has reflected strong investor sentiment, with the token surging past $4,700 on July 13, 2025, marking its highest level since November 2024. This rally coincides with broader crypto market gains and highlights the growing influence of institutional players in the space [3].

As Ethereum continues to break key price levels, Bybit’s 10-year vision underscores the platform’s long-term potential. The report emphasizes a strategic focus on innovation, scalability, and user experience, aligning with the broader evolution of decentralized finance and web3 development.

Source: [1] Blockchair – https://blockchair.com/news/ethereum-price-4600-edges-closer-all-time-high--594d59d88c72b69f

[2] X – https://x.com/Bybit_Official/status/1955388864454905878

[3] Coinglass – https://www.coinglass.com/ru/news/533039