Bitget Analyst Predicts Ethereum’s $8K Surge Driven by ETF Inflows and Strong Network Fundamentals
Ethereum's price is showing strong potential to reach $8,000 this year, as highlighted by Bitget Chief Analyst Ryan Lee. Despite a minor pullback from its recent high of $4,772 to $4,500, institutional interest and robust ecosystem growth continue to fuel optimism. Spot ethereum ETFs have already attracted $13.38 billion in inflows since their approval, with BlackRock's fund alone managing $17.25 billion in assets. The network's Total Value Locked (TVL) stands at an impressive $208 billion, further underscoring its dominance in the decentralized finance (DeFi) space. These factors, combined with increasing adoption and scalability improvements, position Ethereum for a significant breakout in the coming months.
Ethereum Price Poised for $8K Breakout as Bitget Analyst Cites ETF Inflows and Network Growth
Ethereum's price trajectory suggests a potential surge to $8,000 this year, according to Bitget Chief Analyst Ryan Lee. Despite a recent pullback from $4,772 to $4,500, institutional demand and ecosystem fundamentals paint a bullish picture.
Spot Ethereum ETFs have absorbed $13.38 billion since approval, with BlackRock's fund alone holding $17.25 billion in assets. The network's $208 billion TVL and $157 billion stablecoin market cap demonstrate accelerating adoption.
November's Fusaka upgrade could catalyze further gains by enhancing scalability for layer-2 solutions. Macro tailwinds and streamlined node operations add to the optimistic outlook for ETH's valuation.
Bitget CEO Reflects on Platform's Evolution Ahead of 7th Anniversary
Bitget CEO Gracy Chen draws parallels between MotoGP racing and cryptocurrency exchange growth in a reflective letter marking the platform's seventh anniversary. The executive recounts a conversation at Italy's Mugello circuit, where 350km/h motorcycle speeds inspired her 'seventh gear' philosophy of breaking limits rather than following patterns.
The exchange has positioned itself as an industry challenger, prioritizing product development over hype. Bitget's ecosystem now includes incubated projects like Bitget Wallet and Morph Chain, alongside innovations such as GetAgent - billed as the world's first all-in-one AI crypto trading solution.
Chen emphasizes Bitget's results-driven culture that favors collaboration over internal politics. The anniversary message underscores the exchange's transition from a pure trading platform to a comprehensive crypto ecosystem builder.
Bitget Celebrates 7th Anniversary, Unveils 'Universal Exchange' Vision
Bitget marks its seventh year as a cryptocurrency exchange by rebranding itself as a 'Universal Exchange' (UEX), a concept introduced by CEO Gracy Chen. The platform aims to integrate centralized and decentralized services, AI tools, and robust security measures to overcome the traditional trade-offs between user experience, asset diversity, and safety.
Strategic partnerships with high-profile names like Lionel Messi, Juventus FC, and UNICEF have propelled Bitget beyond crypto circles into mainstream culture. Its educational initiatives, including Blockchain4Youth and Blockchain4Her, have reached over 15,000 students across 60 universities, with a pledge to educate 1 million people on blockchain by 2027.
Bitget Wallet Expands Crypto Purchase Options with Apple Pay and Google Pay Integration
Bitget Wallet has significantly broadened its payment infrastructure by enabling cryptocurrency purchases through Apple Pay, Google Pay, and traditional credit cards via a partnership with Mercuryo. The integration supports over 40 digital assets, emphasizing stablecoin adoption with a limited-time offer of zero-fee USDC purchases at mid-market rates.
The collaboration introduces 10 additional payment methods, including Visa, Mastercard, Revolut Pay, SEPA, and PIX. This strategic MOVE aims to lower barriers for new users entering the crypto ecosystem while capitalizing on the growing demand for seamless fiat-to-crypto gateways.
Stablecoins emerge as a focal point of the expansion, reflecting their critical role in onboarding mainstream users. The promotion of fee-free USDC transactions underscores the industry's push toward dollar-pegged assets as foundational infrastructure for digital asset adoption.
Ethena's ENA Token Shows Resilience Amid Market Pressure as TVL and Revenue Surge
Ethena Labs' ecosystem demonstrates robust growth despite recent price volatility, with its ENA token holding steady at $0.70 after a 15% weekly decline. The protocol's fundamentals appear strong, boasting a 230% year-to-date gain and managing a record $13.8 billion in assets - more than doubling since July.
Revenue figures underscore the platform's accelerating adoption, jumping from $1.15 million in Q2 2025 to $8.63 million in Q3. Technical analysis suggests key support at $0.60, with traders eyeing a potential breakout toward September's $0.90 high. "The fee-switch implementation could be transformative," observes one market participant, noting ENA's position above major rivals in market rankings.
