The main altcoin, Ethereum (ETH), now has Beyond the top Due to market capitalization, major streaming behing Netflix (NFLX) and payment giant MasterCard (MA).
It is currently located in a cusp of toppings for the multinational American drug, Juggernaut Elirily.
Ethereum's merciless gathering
On Tuesday, ETH prices surpassed the $4,600 level for the first time since December 2021. The rally has now been extended, reaching its daytime high of $4,682 on Wednesday.
Altcoin is just inches away from reaching new records for the first time since November 2021. To achieve such a feat, it needs to increase by about 5%.
$10,000 in 2025?
According to Polymarket Bettors, there is currently a 59% chance that Ether will reach the $5,000 level for the first time in August.
Additionally, Altcoin could surge to $5,400 for the remainder of the month with a 28% chance.
In particular, Polymarket Bettors believes there is a 12% chance that ETH will reach $10,000 in 2025.
Eth Uberbull Tom Lee recently predicted that Altcoin will be possible Surge Up to $16,000 during the current bullish cycle.
Zeroing with SPDR S&P 500 ETF Trust
Ethereum (ETH) is on track Better The SPDR S&P 500 ETF Trust (SPY) boasts a $589.8 billion worth of assets.
The Ethereum Exchange-Traded Funds (ETF) are also crying with a string of influx of wins.
According to data provided by SoSovalue, Spot Eth ETF recorded an additional $523 million worth of inflows. On Monday, they recorded more than $1 billion in daily inflows for the first time.
