5 Signs Suggest Ether Could Soon Rally to New All-time Highs.
Ether (ETH) price retraced over 12% to $4,300 after reaching all-time highs above $4,950. Despite this decline, strong institutional interest is evident, with record ETF inflows totaling over $13.7 billion since July 2024. Spot Ethereum ETFs have attracted $1.02 billion in a single day and have outpaced Bitcoin ETFs by 10x. BitMine Immersion Technologies increased its ETH holdings to approximately $8 billion, becoming the largest corporate holder. Ethereum's network activity is robust, with monthly transactions rising 57% to 49.8 million and active addresses increasing by 24% to 9.6 million. ETH has gained 195% since April, outperforming Bitcoin's 47% rise. Technical analysis indicates potential targets of $7,000 to $12,130, with some analysts predicting prices could reach as high as $20,000 in the coming months.
