With ETH now trading at $3,600, some analysts believe the path to $7,000 is becoming increasingly realistic.

Ari10 CEO Mateusz Kara suggests the surge reflects investor confidence in Ethereum’s long-term role, particularly as a platform for stablecoins and staking.

He pointed to the recently passed GENIUS Act as a potential catalyst, arguing that it could dramatically boost the value of blockchains that support regulated digital assets.

Ethereum’s rise also coincides with a broader crypto market rally, which has pushed total market capitalization past $4 trillion for the first time.

According to a new report from Coinbase, institutional interest in ETH is accelerating—not just for exposure, but for yield. Companies are increasingly locking Ethereum into staking and DeFi protocols, signaling a shift from short-term speculation to strategic allocation.

The post Analysts Predict Ethereum Could Hit $7K Amid Staking Boom appeared first on Coindoo.

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Filed under: Bitcoin - @ July 19, 2025 1:01 am