• 18 July 2025
• |
• 18:46

Ethereum has surged past $3,670, notching a 45% gain in just one month and reclaiming levels last seen in January.

With ETF inflows accelerating and no major policy headwinds from the Fed, market watchers say the uptrend could persist without a sharp reversal.

Felix Xu of ZX Squared Capital argues that conditions remain favorable. According to him, ETF accumulation is tightening supply, with tokens locked in cold storage, while macro sentiment supports continued growth.

Unless ETF demand collapses or the Fed unexpectedly pivots hawkish, a steep pullback seems unlikely.

Speculation about ETH reaching $10,000 by year-end is gaining traction. Xu says that while ambitious, it’s not out of the question — especially if multiple bullish forces align.

Ethereum has only seen such explosive moves during the 2017 ICO boom and the 2020–21 DeFi wave, but with rising institutional demand and limited sell pressure, a surprise breakout can’t be ruled out.

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