Ethereum (ETH) is experiencing pretty a resurgence, hitting key milestones and igniting market enthusiasm.
Essentially based on analytics firm Santiment, the arena’s 2d-largest cryptocurrency has surged over 50% in less than four weeks, reclaiming heights last considered in gradual January whereas boasting a file-breaking 152.03 million non-empty wallets, the most huge active user sinister in crypto.
Institutional Inflows, Social Buzz Gas Ethereum Breakout
The Santiment files exhibits that since June 22, ETH’s market fee has grown by better than 50%, pushing its impress above $3,400 for the critical time in six months.
Ethereum’s market fee has now grown by +50% since June Twenty 2d, hitting its top seemingly impress ranges since gradual January. The network has over 152.03M non-empty $ETH wallets, better than any diversified coin in cryptocurrency.
️ Additionally, the crowd has taken display conceal of the critical impress… pic.twitter.com/XJoV6THMBY
— Santiment (@santimentfeed) July 16, 2025
The dramatic rebound has understandably caught the crypto community’s behold, triggering the ideal stage of social media discussions since Could merely 2024. Numbers from the market intelligence platform fresh that ETH used to be the stop trending crypto asset in the last 24 hours across X, Reddit, and Telegram, with conversations spherical it predominantly characterized by bullish sentiment as customers position their sights on $4,000.
“The crowd has taken display conceal of the critical impress rebound, pouring in the ideal stage of discussions since a same impress upward push advantage in Could merely 2024,” said Santiment.
This uptick seems to salvage been fueled by a mixture of institutional accumulation and renewed investor enthusiasm following Bitcoin’s most up-to-date rush to a brand fresh all-time excessive. On July 16, space Ethereum ETFs shattered records, attracting better than $726 million in safe investments. BlackRock’s iShares Ethereum Belief (ETHA) led the payment, registering its top seemingly single-day inflow since birth with a $489 million haul.
With Fidelity and Grayscale also reporting tremendous capital entries, corporate holdings of the asset salvage swelled to 1.6 million ETH, valued at an estimated $5.3 billion. As accepted by the Strategic Eth Reserve, accumulation is now occurring 36 times sooner than fresh ETH issuance.
Market Outlook
In the meantime, in the last 24 hours, the cryptocurrency rose 10% to interchange spherical $3,450 per files from CoinGecko. Prior to now seven days, its fee elevated by 25%, vastly outperforming Bitcoin’s 6.8% boost in the an analogous duration.
More particularly, SwissBlock’s most up-to-date Altcoin Vector tale hinted at ETH’s rising magnetism for liquidity after noting a current upward push in the ETH/BTC ratio. The story means that Ethereum is now the cycle’s next leg after BTC fleet retreated to below $116,000 the previous day earlier than bouncing advantage conclude to $119,000.
The milestone of 152.03 million non-empty wallets, highlighted by Santiment, is considered by watchers as a signal of the network’s expanding user sinister and elementary health.
Essentially based on the analytics platform, the mass horror of missing out (FOMO) has now shifted to ETH, with many waiting for its impress to hit $4,000 imminently. Others, indulge in on-chain analyst AbramChart, counsel that the asset will fly to fresh all-time highs past $5,200 if BTC’s dominance decreases.
