Ethereum is once again capturing the spotlight in the crypto world as the token hovers near its yearly high. The price of Ethereum (ETH) rose to around $4,550 on Monday, holding firm at levels not seen since late September, driven by soaring demand from U.S. investors and massive inflows into spot Ethereum exchange-traded funds (ETFs).
Strong Inflows Signal Renewed Investor Confidence
Ethereum’s latest rally is being powered by a surge of institutional and retail demand through newly launched U.S. spot Ethereum ETFs. Data shows that investors poured over $233 million into ETH ETFs on Friday, pushing total weekly inflows to more than $1.3 billion.
That sharp increase marked a reversal from the $795 million outflow recorded the previous week. Since their launch, the cumulative inflows have now climbed beyond $14.2 billion, lifting total assets under management to $30.57 billion.
These assets now account for about 5.35% of Ethereum’s entire market capitalization, highlighting how deeply these financial products are beginning to influence market dynamics.
This sharp rebound in ETF inflows underscores growing investor confidence in Ethereum’s long-term fundamentals and the broader crypto recovery.
Futures Market and Spot Demand Fuel Momentum
Ethereum’s strength extends well beyond ETFs. Trading activity in both the spot and futures markets has climbed sharply, signaling broad-based optimism across different investor segments.
The total open interest in Ethereum futures — which represents the total number of outstanding derivative contracts — surged to $61 billion, its highest level since late September. That figure marks a strong recovery from the September low of $53 billion.
Meanwhile, Ethereum’s daily trading volume has surged to nearly $100 billion, reflecting renewed enthusiasm from active traders and market makers. Analysts suggest that if this momentum continues, ETH could break new yearly records before the end of 2025.
Network Growth Adds to the Bullish Case
Beyond price action, Ethereum’s network fundamentals are stronger than ever. The total value locked (TVL) in Ethereum-based decentralized applications has now climbed to $200 billion, setting a new record.
That figure cements Ethereum’s status as the most dominant blockchain in decentralized finance (DeFi), far ahead of competitors like Solana, Avalanche, and Binance Smart Chain.
At the same time, Ethereum’s stablecoin supply — tokens like USDT and USDC that are issued on the network — has reached an all-time high of $160 billion. This growth signals rising on-chain activity and liquidity across decentralized exchanges and lending platforms.
Treasury investments have also added a surprising tailwind. Companies like BitMine Immersion and SharpLink now hold billions in Ethereum, reportedly $7.7 billion and $3.6 billion respectively, further demonstrating how institutional exposure to Ether is spreading across sectors.
Technical Setup Hints at Possible Breakout
From a technical perspective, Ethereum’s price structure looks increasingly bullish. On the weekly chart, ETH has rebounded from its recent low of around $3,820, climbing above $4,535, which was its highest level on September 28.
The token has also broken above key resistance levels at $4,070, a zone that had capped gains several times over the past year. According to analysts, this “break and retest” pattern is a positive sign that may confirm a longer-term bullish reversal.
Adding to the optimism, Ethereum’s weekly chart has formed a giant hammer candlestick pattern, typically a sign of strong buying pressure after a period of selling. The token is also now trading above its 50-week and 100-week Exponential Moving Averages (EMA), which historically supports upward continuation.
If momentum holds, the next resistance level to watch is $5,000, a psychological threshold and previous cycle peak. A clean breakout above that level could open the door to a potential rally toward $6,250, representing roughly a 40% gain from current levels.
| Key Technical Levels | Price Target (USD) | Market Signal |
|---|---|---|
| Major Resistance | 5,000 | Breakout Zone |
| Secondary Target | 6,250 | Extended Bull Run |
| Support Level | 4,070 | Retest Confirmation |
Broader Market Context and What’s Ahead
Ethereum’s steady climb comes amid a broader crypto recovery. Bitcoin remains above $70,000, and major altcoins have also seen a strong rebound over the past month. Analysts say the market is being lifted by a combination of easing macroeconomic uncertainty and increasing mainstream adoption of digital assets.
In particular, the approval of spot Ethereum ETFs in the United States earlier this year marked a turning point. The products made Ethereum more accessible to traditional investors and pension funds, a move that could drive sustained inflows in the coming quarters.
However, experts also caution that volatility remains a key risk. Crypto markets are still sensitive to shifts in regulatory tone and monetary policy, and any sudden change in sentiment could spark short-term corrections.
Still, Ethereum’s improving fundamentals — from network activity to institutional participation — suggest that the world’s second-largest cryptocurrency is entering a strong new growth phase that could shape the next chapter of the digital asset industry.
As of Monday afternoon, Ethereum remains one of the top-performing assets in 2025, and its resilience continues to attract both retail and professional investors seeking exposure to blockchain innovation.
Ethereum’s momentum, coupled with the scale of ETF inflows, may be signaling that the crypto bull market is not just back — it’s maturing.
The question now is whether ETH can sustain its rally long enough to retest its all-time highs and lead the next wave of digital asset growth.
