Ethereum (ETH) is trading at $2,986.76 today. It’s a small dip of 0.32%, but the real story lies deeper. Over the past week, ETH has jumped 17.93%, a sign of growing investor interest and strong market movement.
Trading volume in the last 24 hours hit $32.34 billion, a 95.12% spike. That sharp rise in volume suggests one thing, big money is moving. This is not just retail noise; institutions are stepping in again, and they’re doing it with conviction.
Ethereum Rally Gaining Momentum
Crypto analytics firm Glassnode reported Ethereum broke past $3,000 for the first time since February. That level had held firm as resistance for months. Bulls have been waiting for this breakout, and it’s finally here, but can it last?
Meanwhile, U.S. spot Ethereum ETFs saw their biggest weekly net inflows since launch. Over 225,000 ETH flowed in, reflecting renewed confidence from institutions. This marks the third straight week of rising demand from major players, possibly setting the stage for a longer rally.
New All-Time High Expected for ETH
DigitalCoinPrice is bullish through 2025. It projects ETH going over $6,507.27 before year’s end. Their prediction is a rise above the past all-time high of $4,891.70. That would equate to almost doubling from present levels, a giant stride, but not out of the realm of possibilities in crypto’s express lanes.
Changelly offers a bleaker outlook, though. Their analysts project ETH to trade in the range of $2,429.85 to $3,023.58 throughout this year. In July of 2025, they project an average trading price at around $3,317.07 with possible ROI of -7.9%. That’s a shot across the bows of short-term speculators seeking easy gains.
