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    Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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      Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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    Ethereum News Today- 4 Bullish Signs Suggest ETH Price is Ready to Pump

    Story Highlights
    • Ethereum Gathers Bullish Momentum: ETH surges 6% in July as ETF inflows, stablecoin growth, and whale buying signal a potential breakout.

    • Analyst Calls ETH a "Powder Keg": Eric Conner says ETH is primed for an explosive rally, fueled by on-chain strength and shrinking exchange supply.

    Ethereum (ETH) is showing signs of a potential breakout after a volatile performance over the past year. After plunging 22.7% year-over-year and a steep 45.3% in Q1 2025, Ethereum bounced back with a 36.5% surge in Q2, driven mainly by a strong May return of 41.1%.

    Now, as Q3 kicks off, ETH is gaining momentum again. Starting July at $2,403.98, Ethereum has already climbed over 6% to reach $2,593.60. In the past week, it has added 5%, hinting at renewed bullish energy.

    “Ethereum Is a Powder Keg,” Says Analyst

    Crypto analyst Eric Conner took to X to call Ethereum a “powder keg,” suggesting that multiple bullish signals are aligning for a potential explosive move upward.

    Here are the key drivers behind his thesis:

    1. Stablecoin Growth Shows Strength

    Ethereum’s role as the backbone of the stablecoin ecosystem continues to shine. At its recent peak, stablecoins on Ethereum reached a $251B market cap. Currently, they hold $126.31B, with a $888.92M increase in just seven days. Tether leads with $64.12B, followed by USDC at $38.10B and Ethena’s USDe at $5.09B.

    This consistent demand signals strong on-chain activity and confidence in Ethereum’s infrastructure.

    2. ETH ETFs Attract Institutional Money

    Ethereum Net Inflow

    Spot Ethereum ETFs are gaining traction fast. In June alone, they recorded over $1.17B in net inflows. Even in July, inflows remain positive despite daily fluctuations—BlackRock’s ETHA and Grayscale’s ETHE pulled in $54.8M and $10M, respectively, on July 1.

    The trend highlights growing interest from traditional finance, a bullish sign for ETH’s long-term prospects.

    3. Exchange Supply is Shrinking

    Ethereum Exchange Reserve

    According to CryptoQuant, the ETH supply on centralized exchanges has steadily declined from 19.51M at the start of 2025 to 19.03M now. Less supply on exchanges means buying pressure can trigger quicker price moves, a crucial setup for a potential breakout.

    4. Whales Are Loading Up

    Wallets holding 1,000 to 10,000 ETH accumulated over 800,000 ETH per day during a week in June—the most aggressive buying since 2017. This strong accumulation happened even as ETH slipped 1.62% in June, showing that large players are betting big on a bullish turnaround.

    Final Thoughts

    With surging ETF inflows, growing stablecoin activity, shrinking exchange reserves, and whale accumulation, Ethereum could be on the verge of a major breakout. If ETH can flip the $2,600 resistance, a rapid price rally may follow.

    Never Miss a Beat in the Crypto World!

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    FAQs

    Where do you see ETH by December 2025?

    As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $5,925.

    Will Ethereum price hit $20,000 in 2030?

    According to our Ethereum Price Prediction 2030, the ETH coin price could reach a maximum of $15,575 by 2030.

    How much would the price of Ethereum be in 2040?

    As per our Ethereum price prediction 2040, Ethereum could reach a maximum price of $123,678.

    How much will the ETH coin price be in 2050?

    By 2050, a single Ethereum price could go as high as $255,282.

    Show More

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