Will Ethereum Break to New Highs?

Introduction

In mid-August 2025, the price of Ethereum (ETH) has shown remarkable upward momentum. From around $3612 on August 6 to a closing price of $4730 on August 14, ETH surged more than 30% in just a week. This rally has been fueled by substantial institutional inflows, record-breaking net inflows into ETH exchange-traded funds (ETFs), and growing investor belief that cryptocurrency could be "the biggest macro trade of the next decade." Since hitting a low of $1500 in April, ETH has climbed nearly 200%, currently trading between $4300 and $4700—just shy of its all-time high (ATH) of $4891 set in November 2021.

Drivers behind Ethereum's price surge

This surge is no coincidence. Market data shows ETH's 200-day moving average has been rising steadily since August 8, signaling strong long-term momentum. Institutional interest is also surging, with ETF inflows recently hitting a record $1.01 billion in a single day—a major catalyst for further gains. In the broader macro picture, analysts suggest that if Bitcoin breaks above $150,000, Ethereum could follow with a push toward $8500 or even higher.

1. Technological upgrades and Ethereum 2.0

Ethereum continues to advance its technology stack, including its transition to a proof-of-stake (PoS) mechanism. This shift not only reduces energy consumption but also improves transaction speeds and network efficiency. According to a Helius.dev blog analysis, multiple upgrades in 2024 significantly boosted Ethereum's scalability, attracting more developers and projects and potentially driving ETH prices higher.

2. Growth in DeFi and NFT markets

Ethereum remains the leading blockchain for decentralized finance (DeFi) and non-fungible tokens (NFTs). On-chain data from Dune Analytics, shows DeFi total value locked (TVL) continued to grow through early 2025, while NFT trading volumes stayed strong. Rising demand in these sectors could further lift Ethereum's valuation.

3. Market sentiment and institutional investment

Glassnode data indicates sustained institutional interest in Ethereum. In 2024, several major funds expanded their ETH holdings. Analyst @Murphy on X has also highlighted the growing correlation between Bitcoin and Ethereum, noting that broader market confidence in cryptocurrencies could help drive ETH prices higher.

The primary question for investors now is: Can Ethereum keep rising? At present, the outlook leans bullish. In the short term, if buyers can break through the $4800 resistance level on strong trading volume, ETH could climb to $5500–$6000 by late August. Long-term projections are even more optimistic, with some analysts forecasting $6000 by the end of 2025 and potentially $12,000 after the Pectra upgrade. However, volatility remains a factor—global economic uncertainty could pull prices back toward the $4200 support level.

With ETH now only about $200 shy of its all-time high, the probability of a breakout is relatively high. Many Reddit users expect $5000 by this weekend. If institutional inflows stay strong and technical indicators such as the 200-day moving average remain favorable, ETH could set a new ATH by late August or early September—possibly triggering a new bull cycle. That said, much will depend on external factors such as regulatory developments and overall market sentiment.

Key risks to Ethereum's price

● Market volatility: Prices remain sensitive to macroeconomic conditions and regulatory changes.

● Competitors: Rising blockchains like Solana could take market share from Ethereum.

● Technical risks: Even with frequent upgrades, network congestion or security issues could undermine investor confidence.

How to invest in Ethereum on Bitget

As one of the world's leading cryptocurrency exchanges, Bitget offers a simple and secure trading experience for beginners. Follow these steps to start investing in Ethereum:

1. Sign up for an account: Visit the Bitget website and sign up in minutes.

2. Deposit funds: Add funds to your Bitget account using fiat currency or cryptocurrency.

3. Buy Ethereum: Search for ETH on Bitget's trading page, choose spot or margin trading, and enter the purchase amount.

4. Secure your assets: Store ETH in your Bitget wallet or transfer it to a personal wallet.

Note: Bitget offers beginner tutorials and 24/7 customer support to help new traders get started with ease.

Conclusion

Thanks to its technological strengths and wide range of applications, Ethereum remains a cornerstone asset in the crypto market. While risks from volatility and competition exist, ongoing upgrades, DeFi/NFT expansion, and strong institutional backing all support its long-term value. Ready to seize the Ethereum opportunity? Sign up on Bitget today and start your crypto journey!

Act now: Create your account on the official Bitget website, stay updated with the latest market trends, and start trading!

FAQ

1. Is Ethereum suitable for beginner investors?

Yes. Its mature ecosystem and wide adoption make ETH beginner-friendly. However, it's best to start small and learn the basics—platforms like Bitget are ideal for first-time buyers.

2. How can I tell if Ethereum's price will rise?

Monitor technological upgrades, market demand, and on-chain metrics (via tools like Dune or Glassnode). Following top analysts on X can also help gauge market sentiment.

3. Are Ethereum's transaction fees high on Bitget?

Bitget offers competitively low fees. Check the trading page for specific rates. New users can also enjoy special benefits after signing up.