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Ethereum’s price surge past $3,000 marks a significant milestone, driven by record ETF inflows and heightened network activity signaling robust institutional interest.
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Recent data reveals that spot Ethereum ETFs have attracted unprecedented capital, with inflows exceeding $700 million in a single day, underscoring growing confidence among large-scale investors.
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According to COINOTAG analyst Mikybull Crypto, the current RSI buy signal suggests Ethereum could reach between $7,000 and $10,000 within this market cycle, highlighting strong bullish momentum.
Ethereum’s price hits six-month highs fueled by record ETF inflows and rising network activity, with analysts predicting a potential surge to $10,000 in 2025.
Record ETF Inflows Propel Ethereum to Six-Month Highs
Ethereum (ETH) has experienced a notable price rally, climbing over 10% within 24 hours and reaching $3,481 on Binance, its highest level since early January 2025. This surge is primarily attributed to substantial institutional demand, as spot Ethereum exchange-traded funds (ETFs) recorded record inflows of $727 million in a single day. These inflows represent a significant shift toward institutional adoption, with major players like BlackRock contributing nearly half of the capital.
Such robust ETF activity not only signals increased investor confidence but also reflects a broader trend of mainstream financial entities integrating Ethereum into their portfolios. Over the past five days, spot ETH ETFs have accumulated approximately $1.76 billion, now controlling around 4% of the total ETH supply. This influx of capital is a critical driver behind Ethereum’s upward price momentum.
Institutional Demand and Market Dynamics
The surge in ETF inflows corresponds with a growing recognition of Ethereum’s potential as a foundational asset in decentralized finance (DeFi) and smart contract platforms. Analysts emphasize that this is not speculative retail activity but substantial “big money” movement, which tends to have a more sustained impact on price trends. The increasing presence of institutional investors is expected to enhance market liquidity and stability, fostering a more mature trading environment for ETH.
Elevated Network Activity and Total Value Locked (TVL) Reinforce Price Strength
Ethereum’s price rally is further supported by a marked increase in on-chain activity. Active Ethereum addresses have risen by 9.4% over the past month, reaching 1.49 million, while daily active addresses climbed 6.7% in the last 24 hours. This uptick in user engagement is complemented by a dramatic rise in network fees, which surged 139% weekly to $14 million, indicating heightened demand for transaction processing and smart contract execution.
Such activity drives the need for layer-2 scaling solutions and decentralized applications (DApps), contributing to Ethereum’s expanding ecosystem. Correspondingly, the total value locked (TVL) on Ethereum has surged to $78.2 billion, a three-year high, reflecting increased staking and asset utilization within DeFi protocols. Ethereum maintains a dominant 58% market share in TVL among layer-1 blockchains, significantly outpacing competitors like Solana and BNB Chain.
Implications of Rising Network Metrics
The growth in network activity and TVL underscores Ethereum’s resilience and adaptability amid evolving market conditions. Higher fees, while often viewed as a cost, also signal robust demand and network utility, which can attract further developer and investor interest. This dynamic positions Ethereum well for sustained growth as it continues to solidify its role as the leading smart contract platform.
RSI Buy Signal Points to Potential $10,000 Price Target
Technical analysis reveals that Ethereum’s relative strength index (RSI) reached a critical buy signal level of 40 in April 2025, a historical indicator preceding significant price rallies. Past occurrences of this signal have led to dramatic price increases, including a 1,360% surge in 2021 and a 350% rise during 2023-2024.
Crypto analyst Mikybull Crypto highlights this RSI signal as a rare and powerful indicator, projecting that Ethereum’s price could ascend to between $7,000 and $10,000 by the time the RSI approaches its upper threshold. This forecast aligns with other technical factors such as bullish chart fractals and a breakout in the ETH/BTC trading pair, alongside sustained institutional inflows.
Technical and Fundamental Drivers Align
The convergence of strong technical indicators with fundamental market developments, including ETF inflows and network growth, creates a compelling case for Ethereum’s continued appreciation. Analysts emphasize that these factors collectively enhance Ethereum’s market outlook, suggesting that investors should monitor these signals closely for potential entry points.
Conclusion
Ethereum’s recent price rally, fueled by record ETF inflows and increased network activity, reflects a maturing market with growing institutional participation. The alignment of technical indicators such as the RSI buy signal with fundamental growth metrics supports a bullish outlook, with potential price targets ranging from $7,000 to $10,000 in the current cycle. As Ethereum continues to expand its ecosystem and attract capital, investors should remain attentive to these developments, which may offer significant opportunities in the evolving crypto landscape.