Ethereum ‘marching’ toward all-time highs as traders predict $13K ETH price

2 hours ago

Key takeaways:

ETH terms jumped 10% today, inching toward its all-time precocious of $ 4,867.
Over $2.3 cardinal flows into spot Ethereum ETFs implicit 6 days.
Traders accidental ETH could emergence arsenic precocious arsenic $13,000 erstwhile it enters terms discovery.

Ether (ETH) surpassed $4,600 connected Wednesday, up 8% implicit the past 24 hours arsenic aggregate bullish signals suggested that caller all-time highs were inevitable.

ETH terms acceptable to interruption all-time highs

The ETH/USD brace reached an intraday precocious of $4,715 connected Wednesday, conscionable beneath the all-the $4,867 all-time precocious reached successful November 2021 (on Coinbase), information from Cointelegraph Markets Pro and TradingView shows.

“Bids for Ethereum continues to fortify with the plus marching toward ATHs,” onchain information supplier Glassnode said successful a Tuesday station connected X.

Glassnode explained that ETH has “served arsenic a bellwether for broader altcoin performance” and its latest spot is present fueling speculation for further upside.

This show is supported by a instrumentality of capitalist demand, successful the signifier of superior inflows into spot Ethereum exchange-traded funds (ETFs). These concern products person seen a six-day inflow streak totalling $2.3 billion, with Aug. 11 mounting a record $1 cardinal successful nett inflows.

“Another fractional a cardinal into spot ETH ETF, 5th champion time since launch,” NovaDius president Nate Geraci said connected X.

He added that this is simply a notable displacement arsenic the “spot eth ETFs person taken successful astir $1.5 cardinal much than spot BTC ETFs” since the opening of July.

Moreover, treasury companies are progressively accumulating ETH with holdings surpassing $16.5 billion.

BitMine Immersion Technologies leads with 1.2 cardinal ETH ($5.33 billion), followed by SharpLink Gaming with 598,800 ETH aft a 177% summation implicit the past month. The Ether Machine holds 345,400 ETH.

With much than 30% of ETH staked, i.e., can’t beryllium instantly sold, this signals beardown upward imaginable for Ether price.

Ethereum’s transactions adjacent grounds highs

Ethereum’s regular transaction number reached a near-record precocious of implicit 1.87 cardinal connected Aug. 12, with July 2025 signaling astir 50 cardinal transactions, the highest successful implicit a year.

Coupled with a near-all-time high full worth locked (TVL) successful DeFi, presently astatine $95 cardinal and with 61% of marketplace share, this surge successful web enactment signals robust request and utility.

How precocious tin ETH terms go?

The adjacent large hurdle for ETH is adjacent to the all-time precocious of astir $4,700, according to analysts.

This level is the +1 modular deviation level of Ether’s progressive realized price, “often marking wherever selling unit starts to build”, Glassnode said successful their latest Week Onchain Report, adding:

“The $4.7K terms constituent stands retired arsenic a cardinal absorption to monitor. A decisive interruption supra could awesome the onset of a much speculative phase.”

“A breakout supra $4,750 with sustained transaction momentum could ignite a terms find phase,” said Cryptoquant expert CryptoOnchain successful a QuickTake investigation connected Wednesday.

With respect to terms discovery, respective analysts accidental Ether could emergence to areas beyond $10,000, based connected assorted method setups.

Popular expert Jelle shared a illustration showing ETH trading supra a bullish megaphone with upside targets betwixt $7,000 and $13,000.

Crypto capitalist and YouTuber DivXMaN said that portion the $7,500 ETH terms people remains successful play, the terms find travel would instrumentality it to $13,000 based connected “previous bull runs and complaint of diminishing returns.”

As Cointelegraph reported, Ether terms predictions aft breaking the captious $4,000 level present spell arsenic precocious arsenic $20,000 for the existent bull market.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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