Ethereum Price Surges to $3,722.19 as Institutional Demand Soars
Ethereum's price has surged to $3,722.19, with a market cap of $449.31 billion, reflecting a 106.17% increase over the past 90 days in the stock market today. This remarkable growth has pushed Ethereum's market dominance to 11.57%, with a 24-hour trading volume of $40.49 billion.
Analysts at Coincu Research predict continued demand-driven growth for Ethereum, with more ETH likely absorbed into institutional vehicles in the stock market. This prediction is supported by Bitwise's revelation of a major supply-demand imbalance since mid-May 2025, with demand outpacing supply by 32:1. Over $10 billion has flowed into the Ethereum market during this period, indicating strong institutional interest.
Experts anticipate ongoing strong demand for Ethereum, driven by spot ETH Exchange-Traded Products (ETPs) and corporate treasury activities in the stock market. They also anticipate that regulatory updates may further reinforce Ethereum's transactional role within tokenization processes. While specific information about the largest Ethereum acquirers since mid-May 2025 is not available as of October 2023, historical data suggests that institutional investors, hedge funds, and investment funds have shown significant interest in cryptocurrencies in the stock market.
Ethereum's price rally, driven by institutional acquisitions and strong demand in the stock market, has positioned it as a dominant player in the cryptocurrency market. With continued demand and potential regulatory reinforcements, Ethereum's future looks promising. However, the identity of the largest Ethereum acquirers since mid-2025 remains unclear and should be monitored for a comprehensive understanding of the market dynamics in the stock market today.
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