Six months of sideways drift — let’s be honest more like four years — just ended. Ethereum Ethereum 1.59% Ethereum Ethereum ETH Price $1,740.99 1.59% /24h Volume in 24h $6.22B Price 7d is pushing past $3,750, riding a fresh wave of ETF demand, and it is making an argument for best crypto to buy now.  The next test? Cracking through the $4,000 barrier.

Increasingly, the bull case for ETH goes:

  • Everything in crypto is basically on Ethereum
  • Stablecoins? Yeah, USDC, USDT, DAI, all ERC-20
  • Uniswap exists because of Ethereum; Curve, SushiSwap, all riding on ETH
  • Every “eth killer” eventually makes a bridge back

$10k ETH is starting to look cheap. Meanwhile, a new crypto presale that is leading the meme Web3 scene, as ETH does with layer 1s, is out now and demands your attention. More on that below:

(ETHUSDT)

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025

ETF Demand Accelerates, Boosting Ethereum’s Market Outlook

ETF appetite is reaching record levels. U.S.-listed spot Ethereum ETFs saw a single-day net inflow of $727 million in mid-July, adding to a July total above $890 million.

BlackRock, now holding over $8.9 billion worth of ETH, reportedly controls nearly 1.5% of the token’s circulating supply.

  • “Staking yields and tokenization themes are driving corporate treasuries into Ethereum,” — Coinbase Institutional report

Ethereum is also mid-upgrade, raising its block gas ceiling to 45 million with backing from nearly half the staking pool. Buterin called it “measured but necessary.”

The impact is more room for transactions, more complex apps, and more upside for stakers.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Ethereum Chart: RSI High, But Trend Remains Constructive

Technically, Ethereum is trading within a steep ascending channel that began after March’s capitulation.

The RSI sits near 78 on the 4-hour chart, approaching overbought territory. However, historically, similar rallies have shown resilience when long-term capital flows remain strong. Immediate resistance sits at $3,800, with the breakout target eyed between $4,000 and $4,200. Some analysts see a potential wave-3 impulse that could carry ETH as high as $4,500 if momentum holds.

(theblock)

Price action is riding above the 20-day moving average and just crossed over the 200-day. The Bollinger Bands have started widening after a tight squeeze, and ETH just popped above the midline before consolidating.

We’ve also got a rounded bottom structure forming, a subtle cup-like pattern. Not quite a full cup and handle yet, but something to watch..

Best Memecoins in Web3: TOKEN6900 Cracks $320,000 Raised

With Ethereum nearing $4K, meme coins are staging a full-blown comeback. The sector’s market cap has jumped to $78.7 billion, up 42% in 30 days, and retail traders are flood back in. The big new play leading the pack is TOKEN6900, which has just crossed $900,000 in presale funding, drawing heat as traders chase the next 100X

Marketed as the first “Non-Corrupt Token,” TOKEN6900 skips every red flag by featuring no mint function, no private deals, and no dev wallets. In a space where trust is mostly myth, that’s a refreshing pitch.

(X)

The clock’s ticking on the current price at $0.006400, which won’t last long. And while central banks inflate away savings with euphemisms, TOKEN6900 goes full internet absurdist with transparent economics and zero apology.

TOKEN6900 isn’t pitching itself as the backbone of Web3 like Ethereum. It’s a viral meme like Pepe or Bonk, and both of those are top 50 coins. This one could be the next.

GET IN ON THE TOKEN6900 HYPE NOW

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

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Key Takeaways

  • ETF appetite is reaching record levels. U.S.-listed spot Ethereum ETFs saw a single-day net inflow of $727 million.
  • The big new play leading the pack is TOKEN6900, which has just crossed $900,000 in presale funding, drawing heat as traders chase the next 100X.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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