31-7-2025 – Ethereum’s native token ETH climbed 60% during July, reaching $3,915 before settling near $3,807, as the blockchain network approaches its 10th anniversary on July 30 amid surging institutional interest and whale accumulation.
The month-long rally significantly outperformed Bitcoin’s 10% gain over the same period, suggesting potential market leadership rotation as capital flows shifted toward alternative cryptocurrencies. ETH’s performance was fueled by multiple converging factors including substantial ETF inflows, large holder accumulation, and improving regulatory sentiment.
Spot Ethereum ETFs attracted over $5.4 billion in new capital during July, with nearly 80% of inflows concentrated between July 11-25, marking the one-year anniversary of their market debut. Concurrently, on-chain data revealed more than $4 billion in ETH purchases by large holders, including individual transactions exceeding $45 million, while Bitcoin whales reduced their positions.
The rally coincided with favorable regulatory developments including passage of the U.S. GENIUS Act and expectations for additional crypto-friendly legislation. This political momentum particularly benefits utility-focused networks like Ethereum, which hosts decentralized finance protocols and smart contract applications.
Market dynamics showed clear capital rotation from Bitcoin into altcoins, with Ethereum leading the charge as Bitcoin dominance declined. The rising ETH/BTC ratio reflected this institutional and retail reallocation, positioning Ethereum as the primary beneficiary of renewed altcoin interest.
Despite the strong monthly performance, ETH remains well below its previous all-time high, leaving room for potential further gains if momentum continues.
