Ethereum, the flagship alternative cryptocurrency, is in tears, surpassing the important $4,400 level for the first time since December 2021.
Red-hot altcoins are currently changing hands for $4,445 with a bit stamp exchange.
It has risen by 20% this month after a surge of 49% in July.
Monster ETF inflow
The recent surge marked a milestone for products that the Ethereum Exchange Trade Fund (ETF) officially began trading a year ago after it first surpassed $1 billion in a single-day inflow on Monday.
In particular, the Ethereum ETF is consistently superior to the Bitcoin counterpart, which was unthinkable a month ago.
The product initially suffered overwhelming spills, but some commentators even considered them flops, but now enjoying revival due to strong institutional interest.
Strong corporate recruitment
Also, Ethereum is rallying due to strong corporate recruitment, and some companies are copying highly successful playbooks pioneered with strategies (previously micro-strategic).
Major companies driving Ethereum’s corporate recruitment include Tom Lee’s Bitmine Immersion Technologies and Joe Lubin’s Sharplink Games.
Stablecoin domination
Of course, Ethereum is also the main chain of issuing Stablecoin. This chain accounts for approximately 55% of the total Stablecoin fluidity.
As Cryptocurrency Analyst Miles Deutscher pointed out, Ethereum has seen an influx of eight times more stability than any other cryptocurrency over the past 24 hours.
Ethereum saw an influx of eight times more stability than any other chain in the past 24 hours.
That’s $335.5 million more than the nearest chain.
Attention is directed to where fluidity flows.
My #1 focus is on the current ETH beta/defi/rwa. pic.twitter.com/hozomsppnq
-Miles Deutscher (@milesdeutscher) August 12, 2025
“That’s $335.5 million more than the nearest chain. We’re paying attention to where liquidity flows,” the analyst added.
