Ethereum Sees Bullish Momentum in 2025, Driven by Strong On-Chain Metrics
The first week of 2025 has seen Ethereum (ETH) experience a significant surge, with bulls accumulating large positions and anticipating a strong run this month. The leading altcoin’s on-chain metrics are backing trader sentiments, leading to increased inflows. This trend has sparked debates about the potential start of an altcoin season.
ETH Futures Market Fuels Bull Projections
According to crypto analyst ShayanBTC, the positive futures market for Ethereum is a key indicator of the overall sentiment. The Taker Buy Sell Ratio, which shows how buyers and sellers execute orders, is currently above 1, indicating that buyers are setting the tone and increasing pressure as projected by bulls. This follows a slight market correction at the end of last year, which saw the ETH price slip below $3,500 and wipe out billions from the market cap.
Institutional Volume Spikes as Regulatory Terrain Cools
Institutional volume has recorded significant growth over the past two weeks, with Ethereum leading the way due to its range of smart contracts and staking mechanisms. Other altcoins, such as XRP, Dogecoin, and Cardano, have also seen increased demand. This week, XRP surged over 10% to become the third-largest crypto by market capitalization, with bulls setting their sights on a price above $3 in the next bull peak.
Altcoins Experience Significant Gains
Solana is already up 11% this year, trading at $216, while Cardano notched a huge 20% inflow last week. Meme coins have been the biggest gainers, with some assets hitting triple-digit rallies following institutional demand for top assets. Ethereum’s price has moved up to $3,634, a 2.3% growth today, adding to its 8% weekly run.
Conclusion
In conclusion, Ethereum’s strong on-chain metrics and positive futures market are driving bullish momentum in 2025. Institutional volume has spiked, with Ethereum leading the way, and other altcoins experiencing significant gains. As the regulatory terrain cools, it will be interesting to see if this trend continues and whether an altcoin season is on the horizon.
Source: Zycrypto.com
The post Ethereum Price Surges 8% in 2025: Is Altcoin Season Here? appeared first on CoinBuzzFeed.
