Key takeaways:
A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors.
AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism.
Ether (ETH) surged 43.6% between May 7 and May 14, but its current price of $2,600 still falls short of the 2021 peak of $4,868. Some analysts argue that the current bullish momentum is “just the beginning of a much larger and aggressive uptrend,” raising the likelihood of a near-term rally to $5,000.
However, the catalysts for a new ETH all-time high in 2025 remain uncertain, particularly in the face of intensifying competition.
Source: X/AdrianoFeria
According to X user AdrianoFeria, ETH is “the best candidate for institutional diversification” since professional fund managers appreciate “similar levels of regulatory clarity and accessibility” through multiple spot exchange-traded funds (ETFs),