Ethereum’s Rise to $10,000: Is the Dream Assembly Closer Than We Think?

The Ethereum rally to $10,000 is no longer just a speculative narrative among dealers, but a tangible possibility in the second half of 2025. As the largest altcoin, Ethereum has surpassed Bitcoin and Solana in recent months, with public companies driving the demand for ether. Analysts at Standard Chartered believe this trend is far from over, and we’re about to dive into the reasons why Ethereum’s dream assembly might be closer than expected.

Ethereum’s Demand Among Companies Explodes

The driving force behind Bitcoin’s rally in the 2025 bull run is institutional adoption, with companies and nations buying up BTC. A similar phenomenon could trigger a bull run in ether, and it’s already happening. According to Standard Chartered, 11 companies currently hold 1% of Ethereum’s circulating supply, with millions of crypto assets on their balance sheets. The demand for ETH remains high, and bank experts forecast a tenfold increase in Ethereum participation among companies, which could lead to 10% of the circulating supply being held by companies.

Geoffrey Kendrick, head of digital assets at Standard Chartered, stated that “you could have 10% of all ETH, a 10-fold increase in current stocks.” This surge in demand is fueled by companies like Bitmine, Gamesquare, and Sharplink, which have invested over $3.5 billion in Ethereum. Spot Ethereum ETFs have recorded net-positive inflows since July 7, with institutional investors favoring ether over Bitcoin. The data supports a bullish thesis for ether, and Coinglass data shows the Ethereum ETF flows crossing $2.3 billion in just a week.

BTCS and Ethereum Treasuries Explained

BTCS, a publicly traded digital asset company, has made a strategic pivot from mining Bitcoin to buying Ethereum for its treasury. This move has had a positive impact on the company, which has developed from an online Bitcoin market to a major infrastructure developer on the ETH blockchain and a strategic ETH holder. BTCS currently holds around $270 million worth of Ethereum at an average price of over $3,800. Charles Allen, CEO of BTCS Inc., believes that Ethereum has the power to change the movement of assets around the world, opening up new business models without banks or intermediaries.

The first step for most Ethereum treasury companies is to buy Ethereum and obligate it using an AAVE to generate income from lending. After these two steps, all more projects are in the pipeline, and the company plans to buy more Ethereum. BTCS focuses on making the Ethereum blockchain faster and better, with several projects on the roadmap. The ETH treasury is focused on making Ethereum more valuable, and the public company is responsible for buying ETH tokens.

Experts Are Bullish on Ethereum

Gracy Chen, CEO of Crypto Exchange Bitget, is optimistic about ether, stating that Ethereum has a competitive advantage in recording a large share in this market. Institutional investors consider Ethereum as the next emerging treasury after Bitcoin. Ignacio Palomera, CEO of Bondex, shares the bullish thesis, believing that Ether will have a significant influence over the next 10 years. Ryan Lee, Chief Analyst at Bitget Wallet, predicts a 60% rally to over $3,800, driven by robust institutional inflows and strong demand.

Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, agrees, adding that the inflow history of Crypto ETFs has tipped towards ether, powered by yield mechanics. Ethereum has expanded its DeFi footprint and on-chain supply, competing with Bitcoin in terms of capital flow and investor interest. Elkaleh is convinced that institutions are strategically turning capital into Ethereum, which could lead to higher profits in altcoin.

Ethereum Price Analysis

Ethereum has made a 56% gain between July 8 and 28, reaching $3,941, just shy of the psychologically important level of $4,000. The rally could enter a breakout phase, according to key swing indicators on the daily timeframe. The top value of $4,107 in December 2024 is a key level that Ethereum could test again if the altcoin expands its profits. The previous all-time high is $4,878, and the level of $4,500 is an important resistance on the way to a new test of the important price level.

In the event of a correction, Ethereum could find support at $3,466 and $3,066, according to the daily price chart. The MACD is stirring up a red histogram bar under the neutral line, implying that the underlying dynamics in the Ethereum price are negative. The RSI reads 72, and as soon as the indicator slips below 70, it creates a sell signal.

Happy Birthday to Ethereum

Ethereum was founded in 2015, and as it celebrates its 10th anniversary, it has locked up over $83 billion in total assets, according to Defillama. The market capitalization of stablecoins on Ethereum has exceeded $132 billion, with the chain achieving sales of $1.33 million in the last 24 hours. Various companies developing Ethereum infrastructure, ETH finance ministries, as well as retail and institutional investors, are celebrating the tenth birthday of ETH.

Ethereum is trading above $3,700 as market participants celebrate the asset, with 91% of ETH owners currently profitable. The correlation of the altcoin with Bitcoin is 0.83, which means that a severe decline in BTC could trigger a collapse of the ETH price rally, leading to a decline to $3,500 and $3,000. The sentiment among traders is optimistic, with demand from Ethereum via exchange platforms absorbing the selling pressure of traders taking profits on their ETH holdings.