ETH’s Rise Just Begun: Bankless Co-Founder Predicts Institutional Buying Will Drive New Bull Market

On July 17, Ryan Sean Adams, co-founder of Bankless, highlighted that Ethereum (ETH) has not yet surpassed its peak from December, nor reached its all-time high. He emphasized that the market appears to have overlooked ETH’s robust performance during the 2017 and 2021 bull cycles. Unlike previous rallies, Adams pointed out that the current upward momentum is expected to be fueled primarily by institutional investors, with no additional supply entering the market. This shift in demand dynamics suggests that Ethereum’s price appreciation is in its early stages, signaling a potentially sustained bullish trend driven by strong fundamentals and institutional interest.