Bitcoin remained mostly unchanged on Monday, stabilizing after a sharp drop last week when concerns over slowing U.S. economic growth and impending trade tariffs curbed appetite for risk assets.
Retail trading volumes on Coinbase dropped sharply in Q2, but XRP continued to generate more transaction revenue than Ethereum, extending a trend that began in Q1.
Following the 10th anniversary of Ethereum’s mainnet launch, the Ethereum Foundation — the organization behind the blockchain — has presented a long-term development plan for the next decade.
In July, U.S.-based spot Ethereum (ETH) ETFs experienced record-breaking capital inflows. According to research platform SosoValue, the net inflow into ETH spot ETFs reached $5.41 billion in July alone—more than the combined inflows from all previous months since launch.
The second-largest cryptocurrency by market cap is experiencing a new wave of interest — the asset is outpacing Bitcoin in growth. Ethereum (ETH) has increased in value by 12,200 times since its launch 10 years ago.
In July, Ethereum experienced a sharp rise from $2,398 to $3,850 — a 60.55% increase. This upward move sparked intense debate within the crypto community. Many claimed that the growth was due to large-scale Bitcoin (BTC) sell-offs and a shift of capital into Ether (ETH). However, recent data contradicts this assumption.
It takes significantly less capital to move Ether’s price compared to Bitcoin, as ETH’s market cap is only one-fifth that of the leading cryptocurrency, according to QCP Capital.
Ethereum's price is approaching the coveted $4,000 mark, but the rally has temporarily paused. The market shows signs of saturation, but Ethereum’s growth may not be over. The current consolidation is likely a short-term pause before the next leg up.
Although BlackRock's IBIT has traditionally led the crypto ETF market, this week the company’s Ethereum-based product attracted more capital. ETHA ranked second among all ETFs in the U.S. in terms of inflows.
BitMine Immersion Technologies has once again reaffirmed its position as the largest holder of Ethereum. The company has increased its cryptocurrency balance to 566,776 ETH, now valued at over $2 billion. This was made possible after the firm completed a $250 million private stock placement.
The queue of Ethereum validators exiting the network has reached a record wait time, as many seek to unlock their coins following a sharp rise in ETH’s price. Validators are preparing to withdraw around 625,000 ETH, worth $2.3 billion, but strong institutional demand for staking may help ease potential sell pressure.
Ethereum (ETH) is approaching a critical juncture after an impressive 70% surge over the past month. Analysts are divided: some anticipate new highs soon, while others expect an inevitable correction before further gains.
In recent weeks, Ethereum (ETH) has outperformed its competitors thanks to increasing interest from institutional investors and inflows into exchange-traded funds (ETFs). According to Finbold’s AI-based price prediction model, ETH could reach $3,800 by August 31 — a 3.41% increase from its current price.
More than 913,111 native Ethereum tokens (ETH) have been permanently lost due to user errors and smart contract failures, according to Conor Grogan, director at leading U.S. centralized exchange Coinbase (NASDAQ:COIN). These tokens represent over 0.76% of the total circulating supply and are valued at $3.43 billion.
According to analysts, Ethereum is showing impressive momentum, becoming one of the market leaders among altcoins. Since July 1, the market capitalization of the second-largest cryptocurrency has grown by $150 billion.
US-based spot Ethereum ETFs posted a historic inflow of $726.74 million. Overall, in July, Ethereum funds have attracted around $2.27 billion.
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