Key results:

• The ether price increased to a 6-month level, driven by a record inflow of ETF and growing network activity.

• The signal of the purchase of the RSI in April, in April, historically related to the main rallies of ETH prices, suggests a potential target price of USD 7,000–10,000 in 2025.

The price of Ether (ETH) increased on Thursday compared to USD 3500, the level not apparent from January 7, driven by increasing the network activity and enduring inflows of the Ethereum Exchange Fund (ETF).

ETFS inflow record Send the price of ETH to 6-month-old Maksimów

According to data from CointeLraph Markets Pro and 25% in the last 24 hours and 25% in seven days to reach a six -month maximum of $ 3,481 TradingView.

Ether performance results from the Tailinds wind from growing institutional demand, and ETF on ETF raises record revenues on Wednesday $ 727 million.

Related: Ethereum Open interest reaches the highest time because the trader predicts that the price of USD 30,000

“Ethereum piercing $ 3,400 is not only a degree of growth from retail monkeys” he said A nickname cryptographic analyst Blazey Crypto in Thursday’s post on X, adding:

“This Big Boy’s upcoming money. Over $ 726 million spilled on ETF ETF in one day, with half of it from Blackrock itself. This is not retail sales, it’s war.”

“This is huge” he said Mikybull Crypto, noting that Thursday inflows are the largest since the ETF ETFS was released on July 23, 2024.

ETF Spot Ether has won over $ 1.76 billion in the last five days, and ETF issuers have 4% of all ETH supply.

“Note ETF with approximately USD 1.8 billion in the last five trade days” he said Crypto Investor Biashara, adding:

“Tell me how this thing will not increase rapidly?”

High activity of the Ethereum network, increased TVL

The strength of the ETH price is reflected in onchain’s activity, and the vigorous number of Ethereum addresses will enhance by 9.4% in the last 30 days and 2% in the last 24 hours to 1.49 million on Thursday, according to data from Nansen. Daily vigorous addresses have also increased by 6.7% in the last 24 hours to 463 880.

In addition, weekly network fees regarding Ethereum have increased by 139% to $ 14 million over the past week. In the daily period, the fees increased by over 475% from 5 to 3.11 million dollars on Thursday, as shown in the chart below.

Higher network fees not only reflect the growing demand for ETH, but also drive the need for solutions and DAPP in layer 2. This increases the total blocked value (TVL) on Ethereum, because more assets are erected or used in DEFs.

TVL Ethereum increased on Thursday to a three -year maximum USD 78.2 billion from USD 57.2 billion on June 23, which is an enhance of over 36% in three weeks.

Ethereum remains the undisputed TVL leader with market dominance of 58%. For comparison, the Solan’s share is 7.2%, and the BNB chain is 5% among layer chains 1.

Ether RSI signals Eth Rally price up to USD 10,000

The three -week graph of the etera shows that the relative strength indicator or RSI flashed the “Buy” signal in April, when he reached 40.

Historically, RSI reached the lowest level, preceding huge rallies at the price of ETH.

After previous confirmations of the indicator, 1360% and 350% rally included in the price of the ether in 2021 and 2023-2024, respectively.

Marking this signal in April, a popular Cryptographic cryptographic analyst he said This “rare buy signal is not something that should be ignored.”

“2x at the moment, if you listen to the connection”, analyst he said On Thursday, referring to his earlier call.

According to Mikybull Crypto, the price of Ether can exceed $ 7,000 to USD 10,000 before the RSI reaches the upper team.

“Target upper team $ 7,000 to $ 10,000”.

Other analysts believe that ETH has the ability to enhance USD 10,000 and higher this year, citing technical fractals, a stubborn breakthrough in Parie Eth/BTC and increasing the institutional demand through ETFS and the company’s Treasury ethereum.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.