Essential Insights:
There is a consistent demand for Ethereum ETFs from institutional investors.
Price increases are bolstered by unprecedented network activity.
Since April, ETH has surged 195% against BTC, signaling a potential “altseason.”
Positive technical indicators suggest ETH’s price could reach $12,000 this cycle.
After climbing to a record high of over $4,950 on Sunday, Ether’s (ETH) price has dropped more than 12% to $4,300. Yet, several indicators imply that ETH’s price could have significant upside in 2025.
Robust Ethereum ETF Flows and Treasury Demand
There has been a notable rise in institutional interest in ETH, fueled by record ETF inflows and increased corporate treasury adoption.
U.S.-based spot Ethereum ETFs have experienced extraordinary demand, with single-day inflows hitting a historic $1.02 billion on August 11 and total net inflows surpassing $13.7 billion since their July 2024 launch.
Related: Ethereum exit queue reaches a record $5B ETH, heightening concerns over sell pressure
These investment vehicles continue to attract capital, accumulating $39.1 million in net inflows on Thursday alone and maintaining a streak of six consecutive trading days of inflows, according to data from Farside Investors.
The inflows into ETH ETFs have significantly outpaced those into Bitcoin ETFs, attracting ten times more capital and reflecting a current shift towards Ether products.
Furthermore, Ether’s status as a corporate treasury reserve asset continues to grow, exemplified by BitMine Immersion Technologies acquiring an additional 78,791 ETH valued at $354.6 million. This latest purchase elevates the company’s total to about $8 billion in ETH, making it the largest corporate holder.
🔥 UPDATE: Bitmine adds another 78,791 $ETH($354.6M), now holding a total of 1,792,690 $ETH worth over $8B. pic.twitter.com/s2kXW9YYxP
— Cointelegraph (@Cointelegraph) August 29, 2025
Ether’s potential for further gains is amplified by expectations of continued institutional adoption as traders set their sights on the $7,000 target as the next major milestone for ETH.
Strong Network Activity
Ethereum’s network fundamentals appear robust, with the average monthly transactions soaring to 49.8 million from 31.7 million in July, marking a 57% increase, based on data from Nansen.
Active addresses increased by 24% to 9.6 million during the same timeframe.
Weekly DEX volumes reached an all-time high of $39.2 billion in the second week of August, as reported by DefiLlama data.
The increase in transaction activity, alongside a rise in active addresses and record DEX volumes, indicates a growing demand for Ethereum.
Meanwhile, the total value locked (TVL) in Ethereum’s DeFi protocols amounts to $92 billion, accounting for 60% of the market share.
ETH Price Gains on BTC
Ether has increased by 195% since April and has more than doubled in price relative to Bitcoin (BTC).
During the same period, BTC has risen 47%, while other major layer 1 tokens like BNB Chain’s BNB and Solana’s SOL have grown by 55% and 98%, respectively.
The ETH/BTC pair has also seen significant rises since April, hitting a 12-month high of 0.043 BTC on August 24.
This rally has resulted in the MACD signaling a bullish cross on the ETH/BTC monthly chart for the first time in five years.
The last occurrence of this happened in June 2020, leading to a 270% rise in the ETH/BTC trading pair and culminating in a 2,300% rally in ETH/USD, resulting in an all-time high of $4,867 in November 2021.
MACD BULLISH CROSS JUST FLASHED ON $ETH/ $BTC FOR THE FIRST TIME IN 5 YEARS. #ALTSEASON HISTORICAL SIGNAL pic.twitter.com/gToF4UHMOE
— Mikybull 🐂Crypto (@MikybullCrypto) August 28, 2025
This situation may lead to a parabolic rally, potentially marking the onset of an altcoin season, with many analysts forecasting a typically bullish Q4.
ETH Price Technicals Aim for New All-Time Highs
Ether’s technical indicators across various timeframes indicate a bullish trend.
ETH displayed robustness after surpassing a rounded bottom chart pattern on the daily chart, maintaining a position above the neckline at $4,100, signaling the continued validity of the breakout.
The measured target from the rounded bottom chart pattern stands at $12,130, representing a 180% increase from the current price.
Other analysts, including Trader Jelle, suggest that a bullish “megaphone” pattern on the weekly chart indicates ETH may resume its bullish trend towards $10,000.
This bullish megaphone has a target of roughly $10,000.
But you wouldn’t believe it.$ETH pic.twitter.com/0F8Yq9qnl6
— Jelle (@CryptoJelleNL) August 29, 2025
This aligns with targets previously noted by market analysts, including Standard Chartered’s Geoffrey Kendrick, who anticipates ETH to reach at least $7,500 by year-end.
Other technical analyses suggest that ETH’s price could potentially soar to as much as $20,000 in the coming months.
This article does not constitute investment advice or recommendations. Every investment and trading decision carries risk, and readers should conduct their own research before making any decisions.
