Ethereum (ETH) is experiencing fairly a resurgence, hitting key milestones and igniting market enthusiasm.
Based on analytics agency Santiment, the world’s second-largest cryptocurrency has surged over 50% in lower than 4 weeks, reclaiming heights final seen in late January whereas boasting a record-breaking 152.03 million non-empty wallets, essentially the most in depth energetic person base in crypto.
Institutional Inflows, Social Buzz Gas Ethereum Breakout
The Santiment information exhibits that since June 22, ETH’s market worth has grown by greater than 50%, pushing its value above $3,400 for the primary time in six months.
Ethereum’s market worth has now grown by +50% since June twenty second, hitting its highest value ranges since late January. The community has over 152.03M non-empty $ETH wallets, greater than every other coin in cryptocurrency.
️ Moreover, the gang has taken notice of the most important value… pic.twitter.com/XJoV6THMBY
— Santiment (@santimentfeed) July 16, 2025
The dramatic rebound has understandably caught the crypto group’s eye, triggering the very best stage of social media discussions since Could 2024. Numbers from the market intelligence platform present that ETH was the highest trending crypto asset within the final 24 hours throughout X, Reddit, and Telegram, with conversations round it predominantly characterised by bullish sentiment as customers set their sights on $4,000.
“The group has taken notice of the most important value rebound, pouring within the highest stage of discussions since an analogous value rise again in Could 2024,” stated Santiment.
This uptick appears to have been fueled by a mixture of institutional accumulation and renewed investor enthusiasm following Bitcoin’s current run to a brand new all-time excessive. On July 16, spot Ethereum ETFs shattered information, attracting greater than $726 million in web investments. BlackRock’s iShares Ethereum Belief (ETHA) led the cost, registering its highest single-day influx since launch with a $489 million haul.
With Constancy and Grayscale additionally reporting substantial capital entries, company holdings of the asset have swelled to 1.6 million ETH, valued at an estimated $5.3 billion. As famous by the Strategic Eth Reserve, accumulation is now occurring 36 instances sooner than new ETH issuance.
Market Outlook
In the meantime, within the final 24 hours, the cryptocurrency rose 10% to commerce round $3,450 per information from CoinGecko. Prior to now seven days, its worth elevated by 25%, vastly outperforming Bitcoin’s 6.8% progress in the identical interval.
Extra notably, SwissBlock’s current Altcoin Vector report hinted at ETH’s rising magnetism for liquidity after noting a gradual rise within the ETH/BTC ratio. The report means that Ethereum is now the cycle’s subsequent leg after BTC briefly retreated to below $116,000 yesterday earlier than bouncing again near $119,000.
The milestone of 152.03 million non-empty wallets, highlighted by Santiment, is seen by watchers as an indication of the community’s increasing person base and basic well being.
Based on the analytics platform, the mass worry of lacking out (FOMO) has now shifted to ETH, with many anticipating its value to hit $4,000 imminently. Others, like on-chain analyst AbramChart, recommend that the asset will fly to new all-time highs previous $5,200 if BTC’s dominance decreases.
