Summer 2025 Altcoin Surge: How Ethereum is Leading the Next Alt Season
- jessevisionfactory
- 1 day ago
- 3 min read
Ethereum was created by Vitalik Buterin, whose aim was to create a platform that worked like a blockchain. The main features of this new blockchain were the same as those of the ‘Bitcoin blockchain’, but it could have been utilized for a broader range of applications, such as smart contracts, games, and stablecoins. However, ETH is an acronym that was born subsequent to the creation of this new platform, and it’s the token that users utilize in the Ethereum network.
So that’s the first main difference with Bitcoin. First, the platform and then the cryptocurrency. Instead, Bitcoin built its blockchain for its currency.
Main fluctuations in ETH’s price
This project took life in 2015, when, after being financed, it started becoming public, deploying the first smart contracts. The creation of a second cryptocurrency lured investors and traders, making the price spike to $100 for the first time in 2017. In 2018, the first stablecoin was created to be used as a normal currency to trade things on the blockchain. This huge introduction made the price surge over $1000 in 2018 (it dropped back to $100 in a year).
In 2020, Ethereum 2.0 (an upgrade of Ethereum 1.0) was introduced with a new process of validation, called ‘proof of stake’. This new way of rewarding miners made Ethereum more reliable for investors and traders. Therefore, in 2021, the price reached the ATH price of $4867.95.
In 2022, the price went down again, and in the last period, the fluctuations have been broader than expected. But what’s happening this summer? It seems that ETH’s price is going to reach a new ATH. Let’s have a look at it.
ETH’s summer 2025 momentum
Since the 22nd of June (the day on which ETH made a lower low), a rally towards higher highs has started. Today’s price is $4789.73, and it is very close to the previous ATH reached by the end of 2021. Since June, the price has surged 119.48% in 54 days, and it seems it is not going to stop until it overtakes the $4867.95 level.
From late June through mid-August 2025, Ethereum (ETH) has witnessed a significant bullish trend, as indicated by the steep trending higher price action in the hourly chart. The trend initiated approximately 22 June 2025, when ETH was at the $2,000 level, a local low after a period of sideways price action and low volatility. Momentum began favouring buyers solidly from thereon, with progressively higher highs and higher lows trending throughout.
During July, ETH price action reflected strong demand, breaking key resistance levels at $2,400, $2,800, and $3,200 with relatively small pullbacks. This reflects strong underlying bullish sentiment, enticed by possibly overall market optimism, positive Ethereum-related news, or better macroeconomic fundamentals driving the crypto-space. In early August, the rally continued even more rapidly, with ETH pushing beyond the $4,000 psychological barrier and recording an intraday high far over $4,800 before experiencing a minor correction. The stretch from late June through mid-August is over a 100% increase in value in less than two months, quite a performance by any crypto market measure. Volume information, though not shown in detail here, would likely confirm more participation on the breakout stages. That mini pullback in the last several sessions could be a healthy adjustment for the uptrend to enable the market to consolidate for a possible follow-through. Because of the magnitude of the rally, however, traders must guard against possible profit-taking or increased volatility.
On the whole, 22 June 2025 to mid-August 2025 is a very bullish phase for ETH, characterized by constant upward moves, strong breakouts, and increasing investor confidence.
Bottom line
Ethereum's summer 2025 rally has been nothing short of detonating, with a 119% rise in under two months, leaving it within striking distance of its all-time high. With bearish sentiment impossible in the market, repeating breakouts, and growing investors' confidence, ETH is not just leading the altcoin bonanza that is currently underway but is also setting the example for what may be the next full-blown alt season.