Ethereum (ETH) has recently made a powerful move, rallying 22% last week to reach $4,300. This surge pushed its market capitalization above $520 billion, surpassing global giants like Mastercard, Netflix, and Exxon Mobil.
Ethereum’s co-founder, Joseph Lubin, has publicly predicted that ETH could overtake Bitcoin’s (BTC) market cap within the next year, reigniting discussions about the much-anticipated “flippening.”
A major factor driving Ethereum’s ascent is the increasing flow of capital into ETH compared to BTC. On-chain data shows that net capital inflows into Ethereum have now surpassed Bitcoin for the first time this market cycle. Crypto analyst Ali Martinez sees this as a clear sign that the altcoin season has started. Large investors and companies are buying huge amounts of ETH.
Institutional interest is booming, with $158 million of ETH purchased over-the-counter (OTC) through Galaxy Digital in just 14 hours. Plus, whale investors are accumulating large amounts of ETH, such as one address that bought over 65,000 ETH in two months for $281 million and currently holds over $111 million in unrealized gains.
Ethereum is also seeing record inflows into spot Ether ETFs, with $461 million entering in a single day, outpacing Bitcoin’s $404 million ETF inflows. Top players like BlackRock, Fidelity, and Grayscale are leading these investments. Futures open interest in Ethereum has risen to about $51.6 billion, reflecting strong trader confidence. Interestingly, Ethereum has reached a new milestone by surpassing 121 million ETH in circulation, giving the bull vibes to traders.
Ethereum’s edge over Bitcoin lies in its broader utility. Unlike Bitcoin, which is mainly viewed as digital gold, Ethereum’s blockchain supports smart contracts that enable decentralized finance (DeFi), non-fungible tokens (NFTs), and tokenized assets. This makes Ethereum not only a cryptocurrency but the backbone of much of the blockchain ecosystem.
Institutional adoption is rising as companies like Sharlink Gaming and Bitmine Technologies explore holding ETH in their treasuries. Analyst Michaël van de Poppe describes the market as “extremely bullish” for ETH, although it is currently stalling near a key resistance level around $4,300. If Bitcoin corrects, ETH could dip to the $3,700–$3,800 range, which remains a strong accumulation zone.
Glassnode reports that ETH’s 7-day average profit realization peaked at $771 million per day in July and remains high at $553 million daily, mainly due to short-term investors cashing out gains, fueling the current rally.
To surpass Bitcoin, Ethereum’s price needs to reach approximately $20,000, about four times its current level. While this is ambitious, Ethereum’s accelerating adoption, strong institutional demand, and expanding use cases position it well for a potential “flippening” within the year.
Ethereum co-founder Joseph Lubin predicts ETH could flip BTC’s market cap within a year, needing to reach ~$20K (4x current price) amid surging institutional demand.
ETH’s 22% weekly surge to $4,300 stems from:
1.$461M single-day ETF inflows (vs BTC’s $404M)
2.$158M OTC buys via Galaxy Digital
3.65K ETH whale accumulation ($281M)
Analysts note key support at $3,700-$3,800 if BTC corrects, but ETH’s record ETF inflows and $51.6B futures open interest signal strong bullish momentum.
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