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Ether coin has already pumped 80% in the second half of this year. Can it set the best Q3 record in history?
Will Ether coin ( ETH ) rise by 80% in the first two months of the third quarter of 2025, and can it maintain growth momentum in September to achieve the best third quarter performance in history?
Ether ETF traffic continues to grow strongly.
The pump of ETH is mainly due to the strong inflow of the Ethereum ETF.
The US Ethereum spot ETF saw net inflows of $5.43 billion in July and $3.87 billion in August, setting the record for the best two months of net inflows since the ETF's launch.
Ether reserve companies are competing in the ETH reserve competition.
According to statistics from strategicethreserve, there are currently 70 listed companies or institutions holding ETH, with a total of 4.44 million Ether coins, accounting for 3.67% of the total circulating market value, while ETFs account for 5.7%. Both have seen significant growth in the second half of this year.
The first place BitMine already holds over 1.8 million Ether, while SharpLink holds 790,000 coins.
Ether coin has become the new darling of Wall Street.
ETH is quickly becoming one of the new darlings on Wall Street, with institutional investor interest soaring this summer. The coin has become the center of mainstream cryptocurrency trading, currently attracting a significant influx of funds and demand from institutional investors.
JPMorgan analysts believe that there are four major factors driving the increase in Ether, including the anticipated approval of spot Ethereum ETF staking, the rise of Ethereum reserve companies, SEC staff clarifying that liquidity staking tokens are not securities, and the increased efficiency and liquidity of physical ETF redemptions. JPMorgan believes that compared to Bitcoin, Ethereum has greater growth potential in terms of ETF and corporate funding adoption, and ETH still has room for further inflows.
Moreover, the previously concerning ETH unstaking queue reaching new highs has also been interpreted as investors transitioning between staking platforms, rather than selling coins to exit the market.
Moreover, as the volatility of Bitcoin decreases, more and more short-term traders are turning to the more volatile and easier to operate Ether, and ETH is gradually becoming a speculative paradise for risk-seeking traders.
( Blue chip Bitcoin is too stable, Ether's volatility makes it the trader's first choice )
ETH challenges the September curse. Can it achieve the best Q3 performance in history?
After reaching an all-time high of $4,956 at the end of August, ETH has corrected. Although it faced the traditionally poorer-performing month of September, this wave experienced a nine-month correction and consolidation. If it can hold the support of the neckline and short-term moving averages, it should have the opportunity to challenge new highs again and achieve the best third-quarter performance in history.
Tom Lee, the chairman of BitMine, believes that the financial system will be restructured based on blockchain, and Ether will become one of the main beneficiaries. He predicts that ETH is expected to reach a target price of 60,000 USD in the next five years.
(Tom Lee: Ether five-year target price 60,000, BitMine insists on only issuing new shares to buy ETH)
This article discusses whether Ether has increased by 80% in the second half of this year, setting a record for the best Q3 in history. It first appeared in Chain News ABMedia.