Ethereum has continued its breakout rally – finally catching up with Bitcoin’s momentum. ETH is currently trading at $3,796, representing a 56% increase in the past 30 days and a 25% gain over the past week.
Image Courtesy: TradingView
With this rally, Ethereum’s market cap has reached a staggering $458 billion, with a 24-hour volume increase of over 63%, reaching $45.54 billion. The Ethereum price broke out of the consolidation on July 9th and has since continued its rally without making any major red candles. This indicates the presence of significant investor participation.
BLACKROCK IS STILL BUYING MORE ETH THAN BTC
BlackRock’s purchase of over half a billion dollars of ETH ($547M) exceeded its Bitcoin inflow ($497M) by $50 Million USD.
Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC. pic.twitter.com/fnvjvKXQ0N
— Arkham (@arkham) July 18, 2025
Major fundamental changes, including significant institutional buying and optimism around US regulatory reforms, have worked as a catalyst for the Ethereum price. Reports from Arkham Intelligence indicate that BlockRock has acquired $547 million worth of ETH, surpassing its BTC holdings by $50 million. Moreover, Ethereum spot ETFs have experienced unprecedented inflows, with $2.2 billion entering these funds over the past week.
In institutional holdings, SharpLink Gaming has become the largest corporate holder of Ether coins, with holdings of $960 million at recent prices. On Thursday, SharpLink Gaming increased its position by purchasing 32,892 ETH, equivalent to approximately $118.8 million.
This massive institutional flow shows that large investors are betting big on the Ethereum’s future utility.
Ethereum Surge May Kick Off Altcoin Season
While Bitcoin has dropped by 2.67% over the last seven days, the Ethereum price has surged 25%, indicating that capital is shifting out of Bitcoin and into potential altcoins for better returns.
Image Courtesy: CoinMarketCap
The CMC Altcoin Season Index has also experienced a strong surge, rising from below 30 a week ago to its current level of 57. The total crypto market cap (excluding Bitcoin), as measured by TOTAL2, has also given a strong breakout, reaching a six-month high of $1.53 trillion. It is trading just 7% below its previous all-time high.
All the fundamental and technical factors point to capital rotating back into altcoins, suggesting an altcoin season could be starting.
Expert investors have already started their hunt for the best crypto to buy now as the historic altcoin breakout is on its verge. In this rally, meme coins have been the biggest winners, with a major focus on them due to their explosive growth potential.
The successor to the SPX6900, Token6900 (T6900), is gaining massive traction in its ongoing presale due to its undervalued price and enormous demand from meme investors. While Ethereum takes the centre stage, Token6900 could be the next winner.
Token6900 (T6900): The Next Meme Leader
In any crypto bull market, meme coins are prime contenders for the biggest winners. SPX6900 (SPX) has already proven this with over 8,000% gains in the last year. But, the madness doesn’t stop here as the next evolution of SPX6900 is here with a bang – Token6900 (T6900), a new meme coin, has raised $910,668 within a week of launch.
Promoting pure meme coin culture, Token6900 doesn’t offer any utility, but it has generated massive demand for its vibe culture. The token follows a mind-blowing strategy, capitalizing on community hype and increasing aura farming. The presale page describes it as “the new global benchmark for brain rot finance,” combining meme trading with the price growth madness of early meme coins.
The Token6900 presale doesn’t follow any vesting schedules or backdoor allocations, but strictly adheres to a fair investment policy, providing every investor with an equal opportunity. 80% of the total supply is being offered in the presale, with a hard cap of $5 million. After that, there is no additional token minting, resulting in zero inflation.
Token6900 could be the next SPX6900, as many experts are already calling it the “only honest asset left.” The token takes a jab at everything from savings accounts to inflationary central banks.
With Ethereum continuing the bullish rally, attracting both institutional and retail inflows, Token6900 emerges as the best crypto to buy now, priced at just $0.00665. Visit the Token6900 presale website to participate in the presale.