Ah, Ethereum! The illustrious $ETH, that ever-elusive creature, is once again flirting with its all-time high of $4,868.80, a figure that has become the stuff of legends since that fateful November of 2021. Now, as its price dances between $4.7K and $4.8K, one can almost hear the collective gasp of investors, their excitement palpable, like a child spotting a rare butterfly in the garden.
It seems that the much-anticipated altcoin season is finally upon us, like a long-lost friend arriving at a party just as the music starts. And what better time to indulge in the top altcoins, including the fresh faces like Snorter Token ($SNORT) and Best Token ($BEST)?
Ethereum’s ETF-Driven Rally & Treasury Demand
In a remarkable twist of fate, over the past three days, spot Ethereum ETFs have attracted a staggering $2.3 billion in US inflows, which translates to approximately 500,000 $ETH. To put that into perspective, that’s more than the 450,000 $ETH issued by the network since the Merge in September 2022. Quite the feat, wouldn’t you say?
On a particularly thrilling Monday, August 11, a jaw-dropping $1.03 billion of that inflow materialized, as traders emerged from their weekend slumber like bears awakening from hibernation. And let’s not forget, even on mundane days, $ETH ETF inflows have been on a nearly uninterrupted hot streak, as if they were on a mission to break records.
BlackRock’s iShares Ethereum Trust, that financial behemoth, managed to snag over $500 million of that $1.03 billion inflow all by itself. Talk about a hungry investor!
Standard Chartered, in its infinite wisdom, has noted that ETFs now account for about 3.8% of ETH’s circulating supply, while treasury firms have hoarded a staggering 2.3 million $ETH (1.9% of total supply) since June, with aspirations to eventually hold up to 10%. It’s like watching a game of Monopoly, but with real money!
Unsurprisingly, given these impressive statistics, Standard Chartered has raised its year-end price prediction for Ethereum to a lofty $7.5K, up from its previous estimate of $4K. It seems the bullish sentiment is contagious!
The ETF surge, coupled with this optimistic price prediction, underscores a persistent supply-demand crunch. There’s a veritable flood of $ETH flowing out of exchanges, while the inflow resembles a trickle, creating a delightful tension in the market.
On-Chain Supply Pressure & Price Momentum
It is not merely a matter of limited supply, but rather a burgeoning demand that is setting the stage for $ETH to make its grand moves. Ethereum is currently experiencing a delightful shrinking of sell-side pressure: exchanges have seen average withdrawals of 40,000 ETH per day over the past month – a negative netflow that would make any economist weep with joy.
On the institutional front, this means Ethereum is heading into crypto treasuries or ETFs; on the retail side, it suggests that investors are likely HODLing, staking, or diving into DeFi activities. The total volume locked (TVL) in DeFi has just surpassed $96.9 billion, tantalizingly close to the peaks of 2021 when TVL soared above $100 billion.
Key Price Points & Future Predictions
$ETH has decisively reclaimed key resistances at $4K and $4.5K, and is now boldly challenging the $4.8K ATH. A breakout beyond this level could send it soaring toward $5K, while a brief pullback may find solace at the $4K support zone. The economic laws of supply and demand are as immutable as the laws of physics, leaving Ethereum in a prime position to continue its strong performance.
Analysts are taking note:
- VanEck has acknowledged the connection between Ethereum and the burgeoning crypto sectors, such as tokenization and stablecoins (which account for 62% of all stablecoin value transfer in 2025). They even suggest that Ethereum could ‘still emerge as a better store of value than Bitcoin.’ Bold words, indeed!
- Tom Lee of Fundstrat highlights the immense growth potential still available with Ethereum, noting that it is still ‘undersold’ from an institutional perspective. A staggering 48% of investor portfolios contain exposure to gold – while a mere 9% dabble in crypto. The irony is delicious!
It’s no wonder that while Standard Chartered believes Ethereum will hit $7K, Fundstrat has set its sights on a far more ambitious $10K to $15K. And Standard Chartered shares this long-term bullishness, estimating that Ethereum could reach a staggering $25K by 2028. The future is bright, my friends!
A bullish Ethereum spells a bullish altcoin market all around. If you’re contemplating an investment in potentially explosive altcoins, look no further than Snorter Token ($SNORT), Best Token ($BEST), and Tron ($TRX) – cryptos poised to make significant moves.
1. Snorter Token ($SNORT) – Find, Trade, Win Solana-Based Meme Coins on Telegram
Ah, Snorter Token ($SNORT), the utility-oriented meme coin that powers Snorter Bot, a Telegram-native crypto trading bot designed for lightning-fast sniping of meme coin launches on Solana (and eventually EVM-compatible chains). It’s like having a secret weapon in your trading arsenal!
With features like MEV-resistant trade execution, rug-pull detection, copy trading, limit orders, and real-time portfolio tracking, all within the cozy confines of Telegram, it’s a trader’s dream come true.
What is $SNORT, you ask? Currently in presale, this token operates on both Solana and Ethereum as a multi-chain marvel. Early investors can stake tokens to earn an estimated 142% APY during the presale, disbursed over one year post-launch. It’s like finding a golden ticket in a chocolate bar!
Investors have already poured over $3 million into the presale. The token price currently sits at $0.1011, but our $SNORT price prediction suggests it could reach $0.94 by the end of 2025, and $1.92 by the end of 2026 as Snorter expands its bot’s integration with Ethereum and EVM chains. The future looks bright!
$SNORT combines the viral appeal of a meme coin with genuine trading utility through Telegram. Sniff out those hidden meme coin gems, snipe them, and save big. Don’t miss out on our How to buy $SNORT guide for more information.
Join the Snorter Token ($SNORT) presale today while its price is still low. The clock is ticking! ⏰
2. Best Wallet Token ($BEST) – Powerful Web3 Wallet Unlocks Crypto Presales
Best Wallet Token ($BEST) is the native utility token of Best Wallet, a rapidly growing non-custodial multi-chain crypto wallet. Security is top-notch, employing a combination of advanced biometrics and Fireblocks’ MPC. It’s like having Fort Knox in your pocket!
The $BEST token is powering Best Wallet’s mission to dominate 40% of the global crypto wallet market by the end of next year. Holding $BEST means lower trading fees and higher staking rewards. Who doesn’t love a good deal?
There’s also the tantalizing chance for big wins, with access to the best crypto presales in Best Wallet’s upcoming tokens section. You can research projects, read whitepapers, and purchase tokens directly within Best Wallet. It’s a one-stop shop!
Over $14.7 million has been raised in the $BEST presale already. Tokens cost $0.025475, and our $BEST price prediction forecasts that could reach $0.072 by year’s end. Don’t miss your chance to discover how to buy $BEST and get in early!
Ready to invest in $BEST? Head to the presale today. The future is calling! 📞
3. TRON ($TRX) – Justin Sun’s Leading Stablecoin-Friendly Blockchain
TRON ($TRX) has been around the block(chain). Established by the ever-charismatic Justin Sun and launched via ICO in 2017, Tron operates as a decentralized, Proof-of-Stake smart contract blockchain, designed to support scalable, low-cost dApps. It’s like the Swiss Army knife of the crypto world!
Initially, TRON aimed to decentralize content sharing, allowing creators to monetize without intermediaries. Its evolution saw it migrate from Ethereum to its own network, blossoming into a thriving dApp ecosystem, with a relentless focus on speed, scalability, and user experience. Talk about ambition!
In recent years, however, TRON has also grown in importance as a haven for stablecoins – particularly Tether’s $USDT. This has provided a degree of stability for TRON, while introducing a plethora of other use cases related to $USDT – cross-border settlements, payments, and more. It’s like a buffet of opportunities!
$TRX regularly ranks between the eighth and tenth spot by market cap among cryptos. This makes it a major player, but with plenty of room for growth. You can find Tron ($TRX) on Binance right now, waiting for you to take the plunge!
Ethereum’s Road Ahead: Will Altcoin Season Follow?
With $ETH on the verge of fresh highs, the broader altcoin market stands poised to rally. As Ethereum retakes dominance and confidence rises, investors hope capital flows into smaller-cap altcoins, igniting the long-awaited altcoin season. It’s like waiting for the fireworks to start!
Among the big winners could be the likes of $SNORT and $BEST. As altcoins packed with utility, they have the potential to explode – especially as altcoin season appears imminent. The excitement is almost unbearable!
As always, though, do your own research. This isn’t financial advice, just a friendly nudge in the right direction.
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2025-08-14 15:02