Ethereum (ETH) Price: Trading at $4,700 as Analysts Project Move Toward $5,241
TLDR
- Ether trading near all-time high at $4,700, up 50% in past month
- Standard Chartered raised ETH target to $7,500 by end-2025 and $25,000 by 2028
- ETH treasury firms and ETFs have acquired 3.8% of supply since June
- Record-breaking ETF inflows reached $1.54 billion in just two days
- Analysts cite institutional demand, favorable regulation, and network upgrades as key drivers
Ethereum’s price is surging toward new all-time highs, currently trading at around $4,700. This represents a gain of over 50% in the past month alone, making it one of the best-performing major cryptocurrencies.
Standard Chartered Bank has taken notice of this momentum. Their analyst Geoff Kendrick recently revised his price targets for ETH upward.
The bank now forecasts Ethereum to reach $7,500 by the end of 2025, up from their previous target of $4,000.
Even more bullish is their long-term outlook, with a price target of $25,000 by 2028, more than tripling their previous forecast of $7,500.
This upward revision comes as institutional investors pour money into Ethereum at an unprecedented rate.
According to Standard Chartered’s research, Ethereum treasury companies and spot ETFs have purchased approximately 3.8% of all ETH in circulation since early June.
This accumulation rate is twice as fast as the quickest pace seen during comparable Bitcoin buying periods, highlighting the growing institutional preference for Ethereum.
Institutional Demand Accelerates
The launch of spot Ethereum ETFs has proven to be a major catalyst for price growth. These investment vehicles have seen record-breaking inflows recently.
Clearing $4,300 could send Ethereum $ETH straight toward $5,241, according to the Pricing Bands. pic.twitter.com/3GT5UotJwm
— Ali (@ali_charts) August 11, 2025
Data shows that $1.54 billion entered Ethereum ETFs in just a two-day period, with BlackRock’s ETHA fund leading the charge.
BlackRock’s Ethereum ETF has now surpassed $10.5 billion in assets under management, demonstrating strong institutional confidence in the cryptocurrency.
Corporate treasuries are also aggressively accumulating ETH. BitMine Immersion Technologies announced plans to raise up to $24.5 billion specifically for Ethereum purchases.
The company aims to control up to 5% of the total ETH supply, a move that could significantly reduce available supply on the market.
Another company, SharpLink, followed with a $389 million fundraising effort, dedicating nearly all proceeds to Ethereum acquisitions.
Regulatory and Technical Tailwinds
Ethereum has received a regulatory boost from the passage of the U.S. GENIUS Act in July, which creates a clearer pathway for mainstream stablecoin adoption.
This is particularly relevant for Ethereum since more than half of all stablecoins are issued on its blockchain. These cryptocurrencies already account for 40% of Ethereum’s network fees.
Network improvements are also supporting Ethereum’s growth. Developers are working to boost Layer 1 throughput by 10x, which would position the chain to handle higher-value transactions.
This upgrade would also expand Ethereum’s Layer 2 ecosystems, further enhancing the network’s capabilities.
Technical indicators suggest Ethereum’s rally has more room to run. Crypto analyst Ali Martinez points to the MVRV pricing bands, suggesting a possible move toward $5,241 in the near term.
Ethereum’s total value locked (TVL) has now surpassed $90 billion, reaching its highest level since 2022. This metric indicates strong usage of the Ethereum network for decentralized finance applications.
Derivatives market activity for Ethereum is also heating up, with open interest hitting $12.1 billion, the highest level since March 2024.
Ethereum is currently trading just 4% below its all-time high of $4,891. If the current momentum continues, many analysts believe a break above $5,000 is imminent.
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