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Ethereum (ETH) has surged remarkably in the recent bull trend, rising from a July low of $2,377 to a 7-month high of $3,859 in just 20 days. ETH price today sits near the $3,700 level, with analysts discussing the next Ethereum price prediction.
Image Courtesy: TradingView
After reaching its recent high, ETH experienced a slight pullback to the $3,500 support level, but with strong demand from buyers, it recovered quickly above the $3,700 mark. Among the top cryptocurrencies, Ethereum is showing the highest relative strength.
This strong momentum in the Ethereum price is driven by accelerating institutional demand, strong inflows into ETH ETFs, and major companies adding ETH to their treasuries.
The Ethereum Demand Shock
A thread on why ETH's price is rising and why it will continue to rise in the months ahead.
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— Matt Hougan (@Matt_Hougan) July 22, 2025
In a recent X (formerly Twitter) post, Bitwise CIO Matt Hougan explained why Ethereum is primed for a rally. In his long post, Hougan stated that ETH will continue its strong momentum in the coming months. He also pointed out that since May 15, over 2.8 million ETH has been absorbed by ETPs and ETH treasury companies, which is 32x more than the newly issued ETH in the same period.
He further added, “In the short term, the price of everything is set by supply and demand. And for the time being, there is significantly more demand for ETH than there is new supply.”
TOM LEE’S 2025 FORECASTS FOR ETHEREUM
Chairman of $BMNR, sees $ETH at $4000 by end of July and $10k-15k by EOY. This is based on $CRCL multiples and Layer 1 usage premiums. pic.twitter.com/dXv9N7Zac1
— Sam Badawi (@samsolid57) July 19, 2025
In another optimistic Ethereum price prediction, Tom Lee, CEO of Bitmine Immersion Technologies, forecasts that ETH will reach $10,000-$15,000 in the medium term. This prediction is based on EBITDA-based valuation multiples backed by several bullish indicators.
Ethereum All-Time High Breakout Soon?
In the first quarter of 2025, Ethereum struggled to catch up to its peers. However, with renewed momentum, ETH has become the highest gainer among the top ten cryptos on the weekly chart.
Image Courtesy: CoinMarketCap
According to CoinMarketCap data, the Ethereum price is currently consolidating between $3,500 and $3,800. It’s trading just 8% below the previous all-time high of $4,106. The value of the altcoin has increased by 2.89% on the weekly timeframe and 53% on the monthly level. This Ethereum price surge highlights the dominance of bulls in the market.
If ETH breaks above the $3,800 with supporting volumes, it could reach a fresh all-time high and potentially open the door to $5,000 in the coming months.
However, many traders are still skeptical of Ethereum. This is because it has a market cap of around $450 billion, meaning a significant amount of new money needs to come in for the ETH price to skyrocket. However, altcoins with a smaller market cap don’t have this problem.
Leading the small-cap sectors this season is the first Bitcoin layer-2 protocol – Bitcoin Hyper, which is gaining massive attention in its ongoing presale due to its transformative technology and explosive growth potential.
Bitcoin Hyper: Where Utility Meets Opportunity
While experts continue to debate the long-term Ethereum price prediction, the market is already showing signs of a shift towards an emerging player.
Bitcoin Hyper (HYPER) is the first layer-2 Bitcoin ICO that addresses the exact bottleneck created by Bitcoin’s institutional adoption. While massive capital flows into Bitcoin, its seven transactions per second create obvious limitations for the applications institutions want to build.
The project is explicitly built for Bitcoin’s ecosystem, bringing Solana-like performance on Bitcoin thanks to its tech stack. Bitcoin Hyper ecosystem features the Solana Virtual Machine (SVM), which produces near-instant smart contract performance.
With this platform, users can create unlimited assets on the world’s most liquid chain for the first time.
This isn’t just about speed or lower fees; it’s about unlocking Bitcoin’s $2 trillion ecosystem for modern financial applications that require thousands of transactions per second.
Currently at $0.0124, with a superb $4.8 million raised so far and counting every hour, Bitcoin Hyper offers presale access at a highly undervalued price, before coordinated exchange launches begin.
The timing aligns perfectly with Bitcoin’s rise to new highs and growing demand for high-performance blockchain infrastructure that can leverage Bitcoin’s massive liquidity pool.
