Ethereum Primed for Explosive Rally as Key Metrics Shatter All-Time Highs
Ethereum isn't just bouncing back—it's rewriting the playbook. On-chain data screams bullish as ETH's fundamental indicators blast past previous records. Forget 'recovery'—this is a full-throttle resurgence.
The network's vital signs—gas fees, active addresses, staking yield—are flashing green simultaneously for the first time since the 2022 merge. Even Wall Street's 'blockchain experts' (who still think ERC-20 is a highway exit) can't ignore these signals.
While traditional markets obsess over Fed rate cuts, Ethereum's ecosystem keeps printing its own reality. DeFi TVL up 40% quarter-over-quarter. Layer-2 transactions outpacing Visa. NFT volumes... well, let's not get carried away.
The real story? Institutional money finally gets it. BlackRock's ETH ETF approval wasn't the finish line—it was the starting gun. Now the smart money's playing catch-up while retail FOMO hasn't even kicked in yet.
Prediction: This rally has legs. The only question is whether traditional finance will claim they saw it coming—after it's already happened.
Top Ethereum metrics have surged to an all-time high
Third-party data shows that ethereum is gaining momentum across multiple key indicators. According to Artemis, stablecoin supply on the network has risen 7% in the past 30 days to $138 billion, reinforcing Ethereum’s dominance as the leading chain for stablecoin activity.
Adjusted transaction volume surged 30% in the same period, hitting $766 billion, while the number of active addresses grew to 2.5 million. This growth comes in the wake of theGENIUS Actsigned by President Donald Trump, which is widely seen as crypto-friendly legislation.
Additional data from Nansen reveals that transaction count on Ethereum rose 50% over the past month to 46.65 million. Active addresses increased 19% to 8.7 million, and total network fees climbed 41% to $48.2 million, highlighting elevated user engagement and activity.
Meanwhile, Ethereum’s decentralized finance sector is surging. Total value locked in the network has reached a record $187 billion. Top dApps like Lido, AAVE, EigenLayer, and EtherFi have all seen asset growth of more than 50% over the past 30 days.
Wall Street investors continue accumulating ETH. Cumulative inflows into spot ETH ETFs have surpassed $9.2 billion. BlackRock’s ETHA now holds $10.8 billion in assets under management, making it a major institutional gateway to Ethereum exposure.
Ethereum may benefit when TRUMP signs an executive order to allow retirement funds to invest in crypto. Most of these 401 (k) funds will go to the most blue-chip coins like BTC and ETH.
Ethereum price technical analysis
The daily chart shows that Ethereum has been in a strong uptrend since bottoming at $1,393 in April. It has since climbed to $3,815, approaching its year-to-date high of $3,945.
ETH remains above both the 50-day and 100-day Exponential Moving Averages and has broken above the 78.6% Fibonacci retracement level from the April low. With momentum building and on-chain activity strengthening, the most likely scenario is a continued push toward the 2024 high of $4,100.
