Ethereum Price Surge: The Unstoppable March to Shatter All-Time Highs in 2025
Ethereum isn't just climbing—it's bulldozing through resistance like a DeFi wrecking ball. Here's why ETH is gearing up to rewrite history.
The Merge 2.0 Effect
Post-upgrade network efficiency is turning institutional skeptics into bagholders. Gas fees now cut through congestion like a hot knife—while bankers still push 'blockchain, not crypto' PowerPoints.
Institutional FOMO Hits Critical Mass
BlackRock's ETH ETF approval triggered a stampede of suits chasing yields they can't find in their 1% Treasury bonds. The smart money? Already front-running the herd.
DeFi Summer Never Ended
Yield farmers keep inventing new ways to print money—while TradFi struggles to explain why their 'high-yield' savings accounts pay less than a crypto wallet's dust.
Ethereum's not just beating its ATH. It's exposing how painfully slow legacy finance moves. Watch the charts—and watch the suits finally admit they should've bought sooner.
Network Growth Pushes Ethereum Price Toward New ATH
Ethereum is quickly approaching its previous all-time high as network activity has surged to unprecedented levels. According to on-chain analytics firm CryptoQuant, daily ethereum transaction counts have climbed to a record high of approximately 1.875 million, underscoring a strong surge in user engagement and network demand.
This spike in activity has coincided with a sharp rally in the ETH price from around $3,150 in late July to $4,563 in August, positioning the cryptocurrency within striking distance of its historical peak. Currently, Ethereum is trading at $4,737, meaning it is only 2.67% away from surpassing its ATH of $4,867, recorded during the bull run in November 2021.
Over the past month, Ethereum has maintained a strong upward trajectory, soaring by roughly 60% according to CoinMarketCap. The momentum has only intensified in the last week, with the cryptocurrency rallying over 27% while outperforming Bitcoin by 124% since the market lows in April. If this bullish run persists, ETH could be on the verge of setting a fresh ATH, marking a historic moment for the crypto market.

Adding to the positive sentiment is Ethereum’s Netflow SMA30, which CryptoQuant reveals currently sits at -40,000 ETH. Based on the chart, sustained outflows signal that investors are moving their holdings into cold storage rather than keeping them on exchanges for quick sells, effectively reducing sell-side liquidity and increasing buying pressure.
This trend was particularly pronounced between late July and early August. On August 12, Ethereum saw a substantial net inflow of 186,000 ETH, and on the same day, its price touched $4,589. This supports CryptoQuant’s narrative that ETH is rapidly edging toward a new record high, driven not only by rising network activity but also by accelerating accumulation.
Short Squeeze Risk And ETF Inflows Add To Momentum
While the ETH price is surging, market analyst Coin Bureau warns that a new all-time high could trigger a cascade of short liquidations, potentially injecting even more volatility into the market. The analyst predicts that nearly $2 billion worth of short positions could be wiped out, forcing traders to buy back the altcoin at higher prices and possibly accelerating the rally.
Interestingly, Ethereum’s rapid price ascent is also being amplified by surging institutional demand. crypto analyst Ted Pillows reported in an X social media post that Spot Ethereum ETFs attracted a massive $729.1 million in inflows in just one day—a signal that institutional FOMO may be returning to the market. Alongside this ETF boom, demand from Ethereum Treasury firms has also climbed sharply, reinforcing ETH’s bullish momentum.