Key takeaways:
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ETH’s value jumped 10% at present, inching towards its all-time excessive of $ 4,867.
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Over $2.3 billion flows into spot Ethereum ETFs over six days.
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Traders say ETH might rise as excessive as $13,000 as soon as it enters value discovery.
Ether (ETH) surpassed $4,600 on Wednesday, up 8% during the last 24 hours as a number of bullish indicators advised that new all-time highs are inevitable.
ETH value set to interrupt all-time highs
The ETH/USD pair reached an intraday excessive of $4,715 on Wednesday, slightly below the $4,867 all-time excessive reached in November 2021 (on Coinbase), information from Cointelegraph Markets Pro and TradingView reveals.
“Bids for Ethereum proceed to strengthen with the asset marching towards ATHs,” onchain information supplier Glassnode mentioned in a Tuesday put up on X.
Glassnode defined that ETH has “served as a bellwether for broader altcoin efficiency” and its newest energy is now fueling hypothesis for additional upside.
This efficiency is supported by a return of investor demand, within the type of capital inflows into spot Ethereum exchange-traded funds (ETFs). These funding merchandise have seen a six-day influx streak totalling $2.3 billion, with Monday setting a report $1 billion in web inflows.
“Another half a billion into spot ETH ETF, fifth finest day since launch,” NovaDius president Nate Geraci mentioned on X.
He added that this was a notable shift because the “spot eth ETFs have taken in almost $1.5 billion greater than spot BTC ETFs” for the reason that starting of July.
Moreover, treasury firms are more and more accumulating ETH with holdings surpassing $16.5 billion.
BitMine Immersion Technologies leads with 1.2 million ETH ($5.33 billion), adopted by SharpLink Gaming with 598,800 ETH after a 177% enhance during the last month. The Ether Machine holds 345,400 ETH.
With greater than 30% of ETH staked, i.e., can’t be instantly offered, this indicators sturdy upward potential for Ether value.
Ethereum’s transactions close to report highs
Ethereum’s each day transaction depend reached a near-record excessive of over 1.87 million on Tuesday, with July 2025 recording roughly 50 million transactions, the very best in over a 12 months.
Coupled with a near-all-time excessive whole worth locked (TVL) in DeFi, at present at $95 billion and with 61% of market share, this surge in community exercise indicators sturdy demand and utility.
How excessive can ETH value go?
The subsequent main hurdle for ETH is near the all-time excessive at round $4,700, in accordance with analysts.
This stage is the +1 commonplace deviation stage of Ether’s lively realized value, “usually marking the place promoting strain begins to construct”, Glassnode mentioned of their newest Week Onchain Report, including:
“The $4.7K value level stands out as a key resistance to watch. A decisive break above might sign the onset of a extra speculative section.”
“A breakout above $4,750 with sustained transaction momentum might ignite a value discovery section,” mentioned Cryptoquant analyst CryptoOnchain in a QuickTake evaluation on Wednesday.
With respect to cost discovery, a number of analysts mentioned Ether might rise to areas past $10,000, based mostly on varied technical setups.
Analyst Jelle shared a chart exhibiting ETH buying and selling above a bullish megaphone with upside targets between $7,000 and $13,000.
One final hurdle to beat.
Price discovery lower than 5% away.
Let’s get this present on the street.$ETH pic.twitter.com/J1MkDG9JUD
— Jelle (@CryptoJelleNL) August 13, 2025
Crypto investor and YouTuber DivXMaN mentioned that whereas the $7,500 ETH value goal stays in play, the value discovery journey would take it to $13,000 based mostly on “earlier bull runs and price of diminishing returns.”
As Cointelegraph reported, Ether value predictions after breaking the crucial $4,000 stage now go as excessive as $20,000 for the present bull market.
This article doesn’t comprise funding recommendation or suggestions. Every funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.
