Ethereum is showing significant growth, increasing by 35% over the past four weeks. This rise is accompanied by several factors, including historical cycles and technical indicators.
Ethereum's Growth Over the Last Four Weeks
Over the last four weeks, Ethereum has increased by 35%, including a gain of more than 10% in the last day. Analysts like Joao Wedson noted that such price movements often correlate with fund transfers from Bitcoin to Ethereum. Historical data suggests that Ethereum typically sees a boost 28 days after Bitcoin hits its peak price. Similar behavior was observed in 2017 and 2021, when Ethereum also experienced significant growth following Bitcoin's peaks.
Key Ethereum Developments as of Mid-July 2025
Several key developments are supporting Ethereum's growth currently: • Proto-Danksharding (EIP-4844) has reduced Layer 2 data costs by 65%, allowing for sub-penny transaction fees; • Ethereum ETFs from BlackRock and Fidelity have now exceeded $2.5 billion in weekly volume, attracting institutional capital; • Stateless clients — Vitalik Buterin confirmed the preparation of execution clients for Ethereum’s Phase 2; • Layer 2 markets, such as zkSync and Scroll, have achieved full EVM compatibility, increasing developer portability and lowering fees by over 90%; • ETH staking has exceeded 35 million tokens, further increasing liquidity pressure.
Current Technical Indicators and Resistance
Current chart formations and fund movements create a supportive environment for Ethereum's further growth. The existing resistance level at 0.02938 requires monitoring, as a breakout of this level would reinforce the bullish outlook. Should Ethereum fail to surpass this barrier, it may lead to further consolidation before a potential continuation of the upward trend. Historical data serves as a guide but does not guarantee future results.
Ethereum's growth can be linked to historical cycles and current developments within its ecosystem. The technical indicators also suggest potential for further growth, although investors should closely watch resistance levels.
