As of July 16, 2025, Ethereum ($ETH ) continues to perform strongly, achieving a daily growth rate of 10.68%, after its price touched the level of 3,390 dollars. This remarkable performance reflects a clear shift in investor sentiment towards Ethereum, especially with its relative outperformance over Bitcoin in terms of growth rate and trading volume, enhancing its position as a key player in the current bull cycle.
This momentum is mainly attributed to a significant increase in institutional demand, with over 550,000 ETH purchased within one month, of which 91,330 ETH were accumulated in just one week by SharpLink Gaming, reflecting a strong move from whales and institutions towards the currency.
At the same time, ETF flows contributed to raising liquidity levels, while technical analysis showed strong support at the 2,850 and 3,000 dollar levels. Forecasts suggest that breaking the resistance between 3,290 and 3,470 dollars could open the way to reach levels of 3,800 to 4,000 dollars in the short term, with the potential to exceed 5,000 dollars if momentum continues and institutional flows keep rising.
It is noteworthy that the highest level ETH reached in its history was 4,878 dollars in November 2021, and the market is expected to make a serious attempt to break this record during the current cycle, supported by increasing institutional demand and rising confidence in the Ethereum ecosystem.
