Ethereum has delivered a remarkable 64.38% price surge over the past 90 days, significantly outperforming Bitcoin’s 10.72% gains during the same timeframe. This substantial growth has propelled ETH from $1,808 to $3,684, reflecting strengthening institutional confidence in the cryptocurrency.
Increasing corporate treasury purchases and institutional investments in altcoins have been identified as the primary catalysts for Ethereum’s rally. Listings of ETH holdings by public companies have surged nearly tenfold since late 2024, signaling a decisive shift away from corporate strategies centered exclusively on Bitcoin. Notably, prominent institutional player BitMine reported Ethereum holdings worth $2.9 billion on August 4, underscoring ETH’s expanding role in corporate crypto portfolios.
Experts attribute Ethereum’s recovery to its fundamental utility as ‘digital oil’ powering decentralized finance ecosystems. This narrative, combined with tangible institutional adoption through treasury purchases and ETH aggregator services, has solidified Ethereum’s position as a core asset in diversified institutional crypto strategies.