Ethereum is back in the spotlight thanks to significant growth in 2025. After a shaky start to the year, the coin has shown an impressive recovery, gaining over 150% since April.
Ethereum Price Analysis
Analyst VirtualBacon highlights Ethereum's breakout above the 20-week SMA ($2,345.85) and 50-week SMA ($2,679.45) as a strong bullish signal. He notes that past bull markets began under similar conditions, when:
* Higher lows formed, * The 50-week SMA acted as support, * The 20-week SMA curled upward.
The analyst also points to the $2,600–$2,900 range as a strong support zone for buyers.
Comparison of Ethereum and Bitcoin
In the past month, ETH has gained 62.2%, significantly outperforming Bitcoin's 15.9% increase. VirtualBacon notes that the ETH/BTC ratio has broken a 3-year downtrend, suggesting that Ethereum might continue to lead the current rally.
"As long as ETH/BTC stays above 0.022, Ethereum remains in control," says the analyst.
Institutional Interest in Ethereum
Institutional interest in Ethereum is growing rapidly. Ethereum holdings by companies have surged from $23 million to $6.6 billion in just three months. According to Coinglass, the Ethereum spot ETF market has seen consistent daily inflows since July 9, including a record $726.6 million on July 16 and $533.8 million just yesterday. While the BTC ETF market cap stands at $153.32 billion, ETH's ETF market is rapidly growing at $18.40 billion.
Ethereum's recent rally is driven by technical strength, ETF inflows, and real-world utility. If these trends hold, ETH could be headed for new all-time highs and potentially a five-digit price point by mid-2026.
