Ethereum Price Prediction: ETH Surges Past $3,700, Fueled by Institutional Inflows and Upgrade Optimism

Ether Price Surges Past $3,700

Over the past 24 hours, Ether (ETH) has gained more than 4%, surging past the key $3,700 mark. A steady influx of institutional capital fuels this rally. Analyst Jung notes that spot ETH ETF inflows have repeatedly hit record highs, at times even outpacing Bitcoin ETF inflows—a sign that the market is steadily reallocating capital toward ETH.

Public Companies and Traditional Finance Ramp Up Participation

Beyond ETFs, a growing number of publicly traded companies are adding ETH to their corporate treasury holdings, echoing a broader trend as traditional finance actively integrates decentralized finance (DeFi) solutions. Nick Ruck, Research Director at LVRG, points out that shifts in corporate asset allocation are a major driver behind this bull market. The push to tokenize real-world assets (RWAs) and the increasing adoption of stablecoins also accelerate the convergence between institutions and the DeFi ecosystem.

Altcoin Season May Be Approaching

While ETH rallies, Bitcoin’s price has remained relatively stable—leading to a 6.37% decline in Bitcoin’s market dominance over the past month, now at 61%. Given ETH’s outperformance of BTC, such a shift is widely seen as a precursor to “Altcoin Season.” However, Jung points out that large-scale capital still largely drives the current rally, and it remains to be seen whether this momentum will spill over to smaller and mid-cap crypto assets.

Ethereum’s Fusaka Upgrade Set for Launch

The Ethereum core development team has tentatively scheduled a major Fusaka hard fork upgrade for November, aimed at further improving network efficiency and scalability. The Fusaka upgrade will incorporate up to 11 Ethereum Improvement Proposals (EIPs), including EIP-7825 for enhanced security. Notably, this upgrade comes just six months after the previous Pectra upgrade. This highlights the Ethereum community’s commitment to rapid innovation.

Clear Upgrade Timeline and Bright Outlook

Per the ethPandaOps community roadmap, Fusaka will launch two public testnets in September and October, with the mainnet upgrade slated for early November. On August 1, the next Glamsterdam upgrade will also be finalized. This rapid upgrade schedule unquestionably strengthens ETH’s position as a highly attractive foundational network for investors.

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Summary

With institutional funds pouring in, a stronger market structure, and an accelerated upgrade cadence, ETH price enjoys robust support. If these conditions continue, Ether is well within reach of challenging the $3,800 mark—or even moving higher—in the coming weeks.