Ethereum News: 4 Bullish Signs Show ETH Price Might Be Ready to Explode
The post Ethereum News: 4 Bullish Signs Show ETH Price Might Be Ready to Explode appeared on BitcoinEthereumNews.com.
Key catalysts include over $1.17B in June spot ETF inflows, $888M stablecoin growth on Ethereum in a week, and shrinking exchange reserves. Large holders accumulated ETH at the fastest pace since 2017, even during price dips. Ethereum (ETH) price is once again showing strength, gaining 6% in the last 24 hours, moving to $2,600. More importantly, today’s ETH rally is accompanied by a 79% increase in daily trading volumes to $27.58 billion. Furthermore, data from Coinglass shows that ETH futures open interest is up 7.56% to $34.4 billion, highlighting a strong bullish sentiment among traders. After a major 45% crash in Q1, ETH price has recovered sharply during the second quarter with 36.5 % gains. As Q3 begins, Ethereum is building fresh momentum. With a 5% gain in just the past week, bullish sentiment appears to be returning, with a strong breakout above $2,544, as mentioned in our previous story. Crypto market analyst Eric Connor stated that multiple bullish factors are aligning, which could drive ETH even higher. Let’s take a look at four factors that could drive the ETH rally further. 1. Stablecoin Growth Can Provide Required Liquidity Boost For Ethereum Rally Ethereum remains the foundation of the stablecoin ecosystem. While stablecoin market cap on the network peaked at $251 billion, it still holds a solid $126.31 billion today, up $888.92 million in the past week alone, as reported by Crypto News Flash. Tether leads with $64.12B, followed by USDC at $38.10B and Ethena’s USDe at $5.09B. The steady demand reflects robust on-chain activity and continued trust in Ethereum’s infrastructure. 2. Rising Ethereum ETF Inflows Show Institutional Interest Remains Strong Inflows into spot Ethereum ETF have surged significantly over the past month. During the month of June, this ETH investment product saw over $1.17 billion in net inflows recorded…
Filed under: News - @ July 4, 2025 4:27 am