“Ethereum has risen more than 50% in the last month and more than 150% compared to the minimums of April. The Chief Investment Director of Bitwise Matt Hougan believes that this is due to the “demand shock” and predicts further growth. The Ethereum Demand Shock A Thread On Why Eth’s Price Is Rising and WHY IT WILL CONTINUE TO Rise in the MONHS […]”, – WRITE: Businessua.com.ua
Ethereum has risen more than 50% in the last month and more than 150% compared to the minimums of April. The main investment director of Bitwise Matt Hougan believes that this It is caused by “demand shock” and predicts further growth.
The Ethereum Demand Shock
A Thread on Who Eth’s Price is Rising and WHY IT WILL CONTINUE TO RISE IN THE MONHS AHEAD.
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– Matt Hougan (@matt_hougan) July 22, 2025
According to Hougan, the demand from ETP funds and corporate treasures was the main driver rally. Since the mid -May, Ethereum -based products have accumulated over $ 5 billion. Companies such as Bitmine and Sharplink have bought 2.83 million ETH worth about $ 10 billion. For comparison, only 88,000 ETH was issued for comparison.
The difference between supply and demand led to an increase in ETH, which reached a $ 3848 annual maximum of July 21.
Hougan is convinced that growth will continue. He noted that investors are still underestimated by ETH compared to bitcoin. Bitmine and Sharplink shares are traded with a premium to the value of their assets, which stimulates other players to repeat their strategy.
According to CIO Bitwise, companies that have not yet invested in ETH can significantly affect its price. He suggested that they would buy up to 5.33 million ETH during the year – about $ 20 billion at the current rate.
“It is expected that only 800,000 ETH is expected during the same period. This means that demand will exceed the supply seven times. Yes, Ethereum differs from bitcoin: its issue has no rigid limit, like digital gold. But it doesn’t matter at this time, ”Hougan explained.
He stressed that in the near future demand will determine the price of ETH – and now it exceeds the supply.
Forecast: $ 10,000 for ETH by the end of the year On July 22, BitMex co -founder Arthur Hels made a forecast that ETH will reach $ 10,000 by the end of 2025. He believes that the economic policy of Donald Trump’s administration, which stimulates the lending of strategic sectors, will facilitate this.
Hayes noted that “credit geyser” will increase the money supply, which will support the increase in the value of assets, including cryptocurrencies.
He also noted Trump’s positive attitude to digital assets. On July 19, the US President signed a law on steiblcoins. At the same time, it became known that the administration was preparing to open a pension market for cryptocos.
According to Hayez, the attitude of Western institutions to ETH has changed for the better – and this can additionally support the asset.
“After Solana recovered from $ 7 to $ 280 after FTX collapse, Ethereum remained the most underestimated among cryptocurrencies with large capitalization. But everything changes. Western institutional players led by Tom Lee discovered Ethereum. They are buying now – and then the questions will be asked then, ”Hayez wrote.
At the time of ETH, it is traded at $ 3675.
ETH/USD Hourly on Binance Exchange. Source: TradingView.
Recall that on July 21, Fundstrat researcher and the chairman of the Bitmine Board, Tom Lee, offered an even more ambitious goal for ETH – $ 15,000.
At the same time, Cryptoquant’s contrigerator, under the pseudonym Crypto Dan, expressed doubts about the overheated market state. He noted that the potential correction will be “moderate and short -lived.”
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