The price of Ethereum has sharply increased in recent days due to a significant investment made by SharpLink Gaming, a NASDAQ-listed company. This situation has sparked considerable interest and discussion in the cryptocurrency world.
SharpLink's Strategic Investment in Ethereum
SharpLink Gaming acquired 188,478 Ethereum tokens for approximately $493.6 million between June 16 and June 20, 2025. This investment has become one of the largest for a public company, confirmed by VP of Corporate Communications Dodi Handy.
Effectiveness of Staking Strategy
SharpLink has staked 100% of its assets on the Ethereum network, generating income from staking rewards. Since launching its Ethereum-focused treasury model on June 2, 2025, the company has earned 120 tokens in staking rewards, showcasing an 18.97% growth per share.
Ethereum Price Forecast for the Near Future
Currently, Ethereum is priced at $2,464.74, up 10% in the last 24 hours. Trading volumes have also surged to $26.98 billion. The increasing interest from large investors and active staking may drive the price towards the $3,000 mark.
Given the active participation of institutional investors and the ongoing increase in trading volumes, recent events may indicate the beginning of a new wave of institutional interest in Ethereum. This redefines the perception of cryptocurrency as a revenue-generating asset.
