Ethereum Price Outpaces Bitcoin and XRP Amid Bullish Momentum
Main Idea
Ethereum's price has surged significantly due to high institutional demand from ETFs and corporations, creating a supply-demand gap that may drive further price increases.
Key Points
1. Ethereum's price has risen 19% in the last 7 days and 64% over the past 30 days, outperforming Bitcoin and XRP.
2. From its April 2025 low, ETH has surged by more than 150%, with May and July showing strong gains.
3. Since May 15, over 2.83 million ETH (worth $5 billion) has been acquired by ETFs and corporations, creating a supply-demand gap of more than 32x.
4. Ethereum's supply growth has been limited, with only 88,000 new ETH created during the same period of high demand.
5. Analysts predict ETH could continue to rise sharply, with demand projected to be 7x higher than supply by next year.
Description
The post Ethereum Price Outpaces Bitcoin and XRP Amid Bullish Momentum appeared first on Coinpedia Fintech News The Ethereum price has risen 19% in the last 7 days and an impressive 64% over the past 30 days, significantly outperforming Bitcoin’s 1.7% and XRP’s 21.1% in the same period. From its April 2025 low, ETH has now surged by more than 150%, marking a dramatic reversal from its earlier bearish phase. Until April, ETH hadn’t posted a single positive monthly return. May broke the downtrend ...
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