Ethereum is so back? 📈

Rising momentum around Ethereum just pushed ETH to its highest price so far this year. Here's why.

Author

Andrew Hayward
July 21, 2025

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📝 What you need to know

Ethereum hit its highest price so far in 2025 early Monday, popping above the $3,800 mark. It’s now up about 25% over the last week, making it the second-largest gainer among top assets behind only Dogecoin.

ETH was often famously flat or declining while Bitcoin pushed to new all-time highs last year and earlier in 2025, sitting nowhere near its 2021 record price of $4,878 for years now. While still down 23% from that peak, ETH is seeing substantial momentum in recent weeks due to a number of apparent factors.

Ethereum ETFs just posted their best week of inflows on record, racking up $2.12 billion last week and nearly matching Bitcoin’s weekly flows. Publicly traded firms like SharpLink Gaming and BitMine Immersion continue buying ETH for their treasuries, plus growing stablecoin excitement—fueled by President Trump’s signing of the GENIUS Act on Friday—may be boosting perceptions of the Ethereum ecosystem.

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💬 Quote of the Day

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“[It] made me sick to my stomach. But what are you gonna do?”

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