{"id":42982,"date":"2025-08-14T11:56:41","date_gmt":"2025-08-14T11:56:41","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=42982"},"modified":"2025-08-14T11:56:41","modified_gmt":"2025-08-14T11:56:41","slug":"ethereum-soars-30-discover-must-buy-altcoins-now","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/ethereum-soars-30-discover-must-buy-altcoins-now\/","title":{"rendered":"Ethereum Soars 30%: Discover Must-Buy Altcoins Now"},"content":{"rendered":"\n

As Ethereum ($ETH) approaches its previous high of $4,868.80 set back in November 2021, excitement among investors is palpable. The current trading range, between $4.7K and $4.8K, suggests a potential surge is on the horizon.<\/p>\n

With altcoin season seemingly upon us, now is an opportune moment to invest in promising altcoins. Notable mentions include fresh contenders such as Snorter Token ($SNORT) and Best Token ($BEST).<\/p>\n

<\/span>Ethereum\u2019s Surge Driven by ETFs and Treasury Investments<\/span><\/h2>\n

In a remarkable trend, Ethereum spot ETFs have witnessed inflows of approximately $2.3B<\/a> over just three days, translating to nearly 500K $ETH. This surpasses the 450K $ETH produced by the Ethereum network since the significant Merge event in September 2022.<\/p>\n

A striking $1.03B of that total came on August 11, illustrating trader enthusiasm returning strong after the weekend. Overall, $ETH ETF inflows have maintained a robust momentum in recent weeks.<\/p>\n

<\/p>\n

Particularly noteworthy, BlackRock’s iShares Ethereum Trust captured over $500M of the $1.03B inflow in a single swoop.<\/p>\n

A report by Standard Chartered indicates that ETFs now represent roughly 3.8% of Ethereum\u2019s circulating supply<\/a>. Meanwhile, treasury firms have collectively amassed 2.3M $ETH (representing 1.9% of total supply) since June and are potentially on track to acquire up to 10% in the future.<\/p>\n

With these accumulating statistics, it is no wonder Standard Chartered has revised its price forecast for Ethereum to $7.5K<\/a>, an increase from the earlier estimate of $4K.<\/p>\n

This surge in ETF activity and price prediction showcases a bullish outlook among investors and underscores a significant supply-demand situation.<\/p>\n

With more $ETH being withdrawn from exchanges than being deposited, a captivating supply-demand balance is forming.<\/p>\n

<\/span>On-Chain Dynamics and Price Trends<\/span><\/h2>\n

Unlike a mere focus on limited supply, the current situation emphasizes a rising demand that\u2019s setting the stage for impactful price movements of $ETH.<\/p>\n

Ethereum is experiencing reduced selling pressure, as reflected in average withdrawals averaging 40K ETH daily<\/a> over the previous month \u2014 indicating negative netflow.<\/p>\n

At the institutional level, this points to Ethereum being integrated into treasury holdings or ETFs, while from a retail perspective, many investors are likely holding, staking, or engaging in DeFi activities with their $ETH.<\/p>\n

Correspondingly, Ethereum’s total value locked<\/a> (TVL) in DeFi has recently surpassed $96.9B, drawing closer to the highs of 2021 when TVL toped over $100B.<\/p>\n

\"Ethereum<\/p>\n

<\/span>Critical Price Levels & Future Outlook<\/span><\/h2>\n

$ETH has successfully reclaimed significant resistance levels at $4K and $4.5K, now eyeing the previous $4.8K high.<\/p>\n

A breakout past this threshold could lead to a movement toward $5K, while a momentary pullback might occur to consolidate at the $4K support level.<\/p>\n

\"Ethereum<\/p>\n

Core principles of supply and demand position Ethereum favorably for continued strong performance. Analysts have taken note of this trend:<\/p>\n