Ethereum Breaks Key Resistance at $3,285 as Network Activity Hits Record High
Ethereum has surged past the $3,285 mark for the first time since January, showcasing a remarkable 50% rally since June 22nd. This bullish momentum aligns with unprecedented network growth, as the ethereum blockchain now boasts 152 million non-empty wallets—surpassing all other cryptocurrencies in active addresses. The resurgence in price has been accompanied by heightened social media engagement, with Ethereum dominating 13.4% of crypto-related conversations, a level of buzz not seen since its previous peaks. This combination of strong fundamentals and growing community interest positions Ethereum for potential further gains in the coming weeks.
Ethereum Surges Past $3,285 Amid Resurgent Market Confidence
Ethereum has breached the $3,285 threshold for the first time since January, marking a 50% rally since June 22nd. The resurgence coincides with record network growth—152 million non-empty wallets now populate the chain, eclipsing all other cryptocurrencies in active addresses.
Social media buzz mirrors the price action, with Ethereum commanding 13.4% of crypto conversations. This level of engagement hasn't been observed since May 2024's bull run, suggesting renewed retail interest. Analysts point to potential ETF inflows and staking developments as catalysts for sustained momentum above $3,200.
The altcoin leader's performance signals a potential rotation from Bitcoin dominance. On-chain metrics and wallet growth paint a picture of strengthening network fundamentals, while trader sentiment shifts toward risk assets.
Ethereum Leads Altcoin Rally with 50% Surge as Network Activity Soars
Ethereum has staged a remarkable recovery, with its price surging 50% since June 22 to trade at $3,376.43—its highest level since late January. The rally pushed ETH past the critical $3,400 resistance, briefly touching $3,423 before consolidation set in.
Network fundamentals underscore the bullish momentum. Ethereum now boasts over 152 million active wallets, surpassing bitcoin and all other cryptocurrencies in user adoption. Social media chatter has spiked to multi-month highs, with traders eyeing $4,000 as the next psychological target.
Technical indicators remain favorable, with $3,300 acting as support and $3,420 representing immediate resistance. The weekly gain of 23% and daily uptick of 10.71% reflect sustained buying pressure across major exchanges.
Ethereum Surpasses $3,400 Following Record ETF Inflows
Ethereum’s price breached $3,400 on July 16th, 2025, fueled by a historic $726.74 million inflow into spot Ethereum ETFs—the highest since January. BlackRock’s ETHA fund dominated with $499 million, contributing to July’s cumulative ETF inflows of $2.27 billion. Analysts now view ETH as a staple in institutional portfolios rather than a speculative asset.
Spot Ethereum ETFs now manage assets equivalent to 4% of ETH’s market cap, a milestone underscoring institutional adoption. Trading volumes exceeding $2.5 billion daily reinforce bullish momentum. Public companies like SharpLink Gaming are accumulating ETH reserves, with its 280,706 ETH holdings eclipsing even the Ethereum Foundation.
Ethereum Spot ETFs Hit Record $726M Daily Inflow Amid Price Rally
Ethereum spot ETFs shattered records with a $726.7 million single-day inflow, marking the highest since their launch. BlackRock's iShares Ethereum Trust led the surge with $499 million, pushing its total net inflows to $7.11 billion. Fidelity's Ethereum Fund followed with $113 million, while Grayscale and Bitwise products also saw significant demand.
The inflows coincided with ETH's price reaching a six-month high, reflecting intensifying institutional and retail interest. This momentum builds on an eight-day streak of inflows, eclipsing the previous daily record of $428 million set in early December.
Ethereum's Bullish Momentum Targets $4,000 Amid Institutional Demand
Ethereum surges past $3,400 as institutional accumulation and ETF inflows fuel its ascent toward $4,000. SharpLink Gaming and BitMine's nine-figure ETH acquisitions signal deepening corporate conviction in the asset's long-term value.
The launch of spot Ethereum ETFs has catalyzed $1.3 billion in institutional capital within two weeks, with $200 million entering last week alone. This pipeline of traditional capital underscores Ethereum's evolution beyond speculative crypto asset into a gateway for smart contract and Web3 exposure.