Ethereum is closing in on record prices, trading just $121 below its all-time high. Analysts see continued upside for ETH in 2025, while MAGACOIN FINANCE is making waves as one of the best altcoins to position for ahead of the next market expansion.
Ethereum Closes in on Record Price Levels
Ethereum surged to $4,788 today, placing it just 3.4% below its $4,891 all-time high. The ETH/USD pair recently touched $4,780 before pulling back to $4,694, still less than 4% off its peak set in November 2021.
Year-to-date, Ethereum has risen 41%, surpassing Bitcoin’s 30% gain. Over the past eight weeks, ETH has rallied 78% compared to Bitcoin’s 15%, according to Fundstrat’s Tom Lee, who calls Ethereum “arguably the biggest macro trade over the next 10–15 years.”
Ethereum’s market cap now stands at $570 billion, widening the gap over XRP to more than $380 billion after gaining $12 billion in just one day. With strong on-chain metrics, high staking rates, and surging ETF inflows, ETH continues to be the focal point for both institutional and retail traders seeking exposure to blockchain’s leading smart contract platform.
Bullish Ethereum Price Projections for 2025
Fundstrat analysts forecast ETH could reach $10,000 by late 2025, with a possible upside to $12,000–$15,000 if current momentum extends. A $1.8 trillion market cap is within reach under these scenarios.
Technical setups like bullish megaphones and historical bull market trends have even prompted some analysts to suggest $20,000 targets. With institutional adoption rising and ETF inflows outpacing Bitcoin’s since early July, Ethereum appears positioned for sustained growth into the next cycle.
MAGACOIN FINANCE Listed Among Best Altcoins to Buy Now
As Ethereum nears a new price discovery phase, traders are also looking for high-upside altcoin plays — and MAGACOIN FINANCE is consistently appearing on “best altcoins to buy now” lists.
Built on a security-first, transparent infrastructure, the ERC-20 token has drawn attention for its ongoing presale performance, which has already surpassed notable past projects.
Analysts see its structure and market timing as key factors for early positioning ahead of major exchange listings. With the presale still open, MAGACOIN FINANCE offers a potential entry point before broader market exposure.
Bottom Line
Ethereum’s strength is setting the tone for the next crypto bull run, with analysts projecting new highs well into 2025. Alongside ETH, altcoins like MAGACOIN FINANCE are gaining traction among traders seeking early-stage plays tied to upcoming market expansions. Early positioning could prove decisive in the next growth cycle.
You can learn more about MAGACOIN FINANCE via the official website.
- Website: https://magacoinfinance.com
- Presale: https://magacoinfinance.com/presale
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
The post Ethereum Near ATH — Smart Money Backs MAGACOIN FINANCE appeared first on Blockonomi.
Source: https://blockonomi.com/ethereum-near-ath-smart-money-backs-magacoin-finance/