Ethher (ETH), the native cryptocurrency of Ethereum, has registered a price rebound at about 3,500 dollars (USD), its maximum since January, awakening numerous reactions within the community.
Although ETH follows 28% below its historical maximum of USD 4,900 registered four years ago, its recent rise is given while Bitcoin (BTC) recorded a correction of the USD 122,000 record that marked on Monday, which exhibits a capital rotation that has been the subject of debate.
David Hoffman, co -founder of Bankless and referent of the Defi ecosystem, celebrated the momentary leadership of Ether in the cryptocurrency market: “When Eth leads, the rest of the industry benefits … what is good for ETH, is good for the entire ecosystem,” wrote.
Meanwhile, one of the most optimistic analyzes came from the creator of Argentine content about cryptocurrencies Catalina Castro, who said that Ethereum would be “massively undervalued”.
As he explained, while a little more than 2,200 ETH daily are issued, the ETFs buy about 64,000 units per day, which generates a demand ratio against issuance of 28 to 1. In addition, it stressed that more than 6 million ETH remain blocked, which represents around 5% of the total supply.
The specialist also highlighted other indicators: the amount of ETH in Exchanges fell to its lowest level since July 2016 reflecting lower sales pressure, and the presence of the asset in public treasury was multiplied by 58.
For his part, Camila Russo, founder of Defiant News and author of The Infinite Machine, stressed that Ethereum is resurfaceing, evoking the perceptions of the first days of the projectalthough they have failed to sustain themselves.
According to the Chilean specialist, the narrative that defined Ethereum as “the next bitcoin” and “the world computer” in the beginning is recovering its impact. «These messages excited people then because they are simple and ambitious at the same time. They are having the same effect now », affirmed.
However, Not all voices in the community share enthusiasm. The Argentine critic of pseudonym Diego Defi, promoter of the Gnosis Chain initiative, offered a more skeptical look at the euphoria for the price.
«There is no party without a new historical maximum. This is just an emotional placebo for anxious Holders », commented as a reflection for those who celebrate the ETH price increase.
As Cryptonotics reported, ETH advance has been promoted by a historic capital entry in the ETHher quoted funds (ETF) in the United States. In July alone, more than 2,270 million dollars have already entered these products, exceeding the previous record of December 2024 —2,080 million dollars.
And so, some users maintain the illusion that a narrative of strengthening around Ether begins to consolidate, especially after a stage perceived by many as unfavorable.

Already in March, certain people expressed that the project co -founded by Vitalik Buterin needed a figure that played a role similar to Michael Saylor, CEO of Strategy, in the case of Bitcoin.
Despite the optimism surrounding Ether’s rebound, currently A Generalized solid message about Ethereumbeyond the historical patterns of the market that highlights the community in this context and its growing institutional investment.
Traditionally, after a strong increase in the price of BTC, capital tends to rotate towards Ether and other Altcoins, marking the beginning of a phase towards what many call a “Altseason.” This phenomenon, which implies a better performance of the Altcoins in front of BTC for an impulse to take risk, is what enthusiasts expect it to happen again.
Bitcoin, meanwhile, continues to earn attention as an alternative to the inflation of the money Fíat. As investors observe the depreciation of traditional currencies due to expansive monetary policies, BTC gains traction as an asset perceived as a reserve of value or digital gold for their shortage.