
Ethereum is the talk of the week as ETH trades near an all-time high of $4,700, representing a gain of more than 50% in the past month. This performance has made Ethereum one of the standout cryptocurrencies of the year and has caught the attention of major institutions. Standard Chartered recently upgraded its forecast for Ethereum, now predicting $7,500 for ETH by the end of 2025 and a long-term target of $25,000 by 2028. According to the bank, Ethereum treasury firms and spot ETFs have already acquired around 3.8% of the total supply since June, a rate of accumulation twice as fast as Bitcoin during its strongest buying periods, highlighting growing institutional preference for ETH.
Fueling this surge is record-breaking demand from spot Ethereum ETFs, which saw over $1 billion in inflows in August 2025. Regulatory momentum is also helping drive the narrative and position for ETH forward. The U.S. GENIUS Act, passed in July, has paved the way for broader stablecoin adoption and more widely accepted cryptocurrency adoption, which proves a significant development for Ethereum since over half of all stablecoins are issued on its blockchain and they contribute about 40% of all network fees. The effects of the U.S GENIUS Act are far reaching even to Australia, where the regulatory landscape continues to evolve.
Why is ETH surging?
There are many layers to cryptocurrencies, and for coins like ETH, the underpinning blockchain infrastructure is a major source of both speculative and practical power. Developers are preparing Ethereum for a major leap forward with the upcoming Fusaka upgrade, scheduled for November 2025. This hard fork is designed to dramatically increase transaction capacity while reducing costs and improving overall network security. By streamlining how transactions are processed and optimising consensus efficiency, Fusaka aims to make Ethereum faster, more scalable, and better equipped to handle the growing demand from institutional users, DeFi projects, and everyday transactions.
Analysts suggest that a mix of strong institutional buying, clearer regulatory frameworks, and ongoing technical progress could keep Ethereum’s momentum going. Market watcher Ali Martinez has noted that MVRV pricing bands point toward a possible near-term move to $5,241. If demand from ETFs stays high and the upcoming Fusaka upgrade delivers as expected, the Ethereum price could see further gains.
For investors tracking markets closely, keeping an eye on ETH offers useful insight into how Ethereum’s global performance translates into local currency terms for the Australian region where cryptocurrency and blockchain adoption continues to steadily rise.
This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consider speaking with a licensed financial adviser before making investment decisions.