Ethereum’s Bullish Surge: Nearing $4,000 as Altcoin Rally Heats Up

Ethereum is making waves in the cryptocurrency market as its price approaches the $4,000 mark, reigniting bullish sentiment among traders and investors. The second-largest cryptocurrency by market cap has seen a 1.66% increase this week, reaching $3,749.81, with many anticipating a potential breakout that could fuel further gains across the altcoin market. Despite a 37.2% drop in daily trading volume to $29.04 billion, the market capitalization remains robust at $452.72 billion, signaling healthy consolidation after recent upward momentum. This development underscores Ethereum's pivotal role in the ongoing altcoin rally and highlights the growing confidence in its long-term potential. As of July 29, 2025, the crypto community is closely watching Ethereum's trajectory, with expectations of continued growth and market leadership.

Ethereum Nears $4,000 as Altcoin Rally Gains Momentum

Ethereum's price surge toward $4,000 has reignited bullish sentiment across crypto markets. The second-largest cryptocurrency by market cap rose 1.66% this week to $3,749.81, with traders anticipating a potential breakout that could catalyze broader altcoin gains.

Market capitalization stands at $452.72 billion, while daily trading volume cooled 37.2% to $29.04 billion—a healthy consolidation after recent upward momentum. ethereum maintains its dominance as the premier smart contract platform, though Layer 2 solutions and cross-chain DeFi projects continue attracting capital.

The rally coincides with growing interest in utility tokens beyond meme coins, with investors increasingly targeting early-stage projects demonstrating real-world use cases. Remittix (RTX), a new payments token, has emerged as one such beneficiary of this trend.

Ethereum Price Could Hit $4,000 as ETF Inflows Surge Past $1.8 Billion

Ethereum's price surged 10% in four days, reaching $3,888 amid record-breaking ETF inflows. Institutional demand is accelerating, with BlackRock, Fidelity, and Grayscale leading the charge.

Weekly inflows hit $1.846 billion, the second-highest on record. Single-day inflows peaked at $533.8 million on July 22, signaling growing confidence in ETH as a Core institutional asset.

The $4,000 price target appears increasingly likely before July ends, fueled by relentless capital deployment into Ethereum ETFs.

BTCS Inc. Expands Ethereum Holdings to $270 Million Amid Strategic Growth

BTCS Inc. (Nasdaq: BTCS) has significantly bolstered its Ethereum reserves, adding 14,240 ETH to bring its total holdings to 70,028 coins. At current prices of $3,850 per ETH, the company's stash is now valued at approximately $270 million.

The expansion follows a $207 million capital raise in 2025 through its innovative DeFi/TradFi flywheel strategy. This hybrid approach merges decentralized and traditional finance to maximize ETH exposure while minimizing shareholder dilution.

Separately, BTCS completed a $10 million convertible note financing at a substantial premium to market price. The proceeds will fuel further development of blockchain infrastructure projects.

HashKey Capital Moves $47M in Ethereum to OKX, Sparking Sell-Off Concerns

Ethereum's rally shows signs of fatigue as prices retreat from the $3,900 level. The cooling momentum coincides with a 12,000 ETH transfer—worth $47.18 million—from a wallet linked to HashKey Capital to OKX exchange. Large exchange deposits often precede institutional selling.

Market participants brace for potential volatility ahead of the Federal Reserve's rate decision. While Ethereum's breakout earlier this month appeared technically strong, analysts note weakening follow-through. "The breakout lacked conviction," observes crypto strategist Michaël van de Poppe, suggesting vulnerability to a pullback.

The timing of HashKey's transfer raises questions about profit-taking among sophisticated investors. Exchange inflows at key resistance levels frequently precede short-term corrections, particularly when macroeconomic catalysts loom.

BTCS Expands Ethereum Reserves to $270M Following $10M Capital Raise

BTCS Inc. (Nasdaq: BTCS) has bolstered its cryptocurrency holdings with a strategic acquisition of 14,240 ETH, bringing its total Ethereum reserves to 70,028 tokens. At current market prices, the stash is valued at approximately $270 million.

The blockchain technology firm simultaneously closed a $10 million convertible note offering at a 198% premium to its July 18 share price. "This financing accelerates our DeFi/TradFi Accretion Flywheel strategy," the company stated, highlighting the $13 per share conversion price as a vote of confidence from investors.

CEO Charles Allen emphasized the revenue-generating potential of the expanded ETH position, noting yield from NodeOps staking and Builder+ block building operations. The MOVE comes as institutional crypto holdings gain prominence on corporate balance sheets.

Ether Poised for Major Rally: Analyst Predicts $13K Target by Q4 Amid Institutional Accumulation

Pseudonymous crypto analyst "Wolf" projects ether could surge to $13,000 as early as Q4 2023, with a conservative estimate of $8,000—more than double current levels. The forecast follows ETH's breakout to new all-time highs, though Wolf anticipates a 20-25% corrective pullback before resuming its upward trajectory.

Institutional demand appears to validate the bullish thesis. SharpLink Gaming (SBET) has aggressively expanded its ETH holdings, purchasing an additional 77,210 ETH ($295M) this week. The Nasdaq-listed firm now controls 438,017 ETH ($1.69B)—the largest corporate ether treasury—while generating staking rewards of 567 ETH since June.

The accumulation coincides with strategic hires including former BlackRock executive Joseph Chalom as co-CEO. Placeholder Ventures' Chris Burniske notes shifting sentiment, suggesting growing recognition of ETH's value proposition among traditional finance players.