Recent price growth in Ethereum highlights increasing interest from institutional investors and strong inflows into ETFs. The asset reached a multi-month high of $3,037.
Ethereum Price Growth and Market Capitalization
This week, Ethereum surged in price, breaking above $3,000 and reaching a peak of $3,037, which is over 120% above its lowest level in 2025. This increase has raised Ethereum's market capitalization to $356 billion, maintaining its position as the second-largest digital asset.
Decline in Ethereum Supply on Exchanges
Data indicated that Ethereum supply on centralized exchanges dropped to 7.35 million coins, down from a peak of 10.6 million. This suggests that investors are opting to hold the asset rather than sell.
Increase in Institutional Accumulation
Institutional interest continues to rise, with companies like SharpLink purchasing 10,000 ETH, and others such as BitMine Immersion and BTCS reporting their Ethereum reserves. This underscores the ongoing corporate adoption of the asset.
The price surge of Ethereum, coupled with decreasing supply on exchanges and growing interest from institutional investors, indicates a continued market maturation and a potential for sustainable future growth.
