Former Ethereum Core Developer: Stablecoin Narrative, ETF Inflows, CEX Balances at New Lows to Trigger Ethereum Price Explosion

By: theblockbeats.news|2025/07/04 08:36:26

BlockBeats News, July 4th, former Ethereum core developer Eric Conner recently wrote an article listing the three major catalysts for Ethereum's breakout:


Stablecoins continuously injecting dollars into Ethereum: 21 months of continuous growth, with monthly transaction volume now on par with Visa. Stablecoins serve as the on-chain cash engine, driving the sustained demand for ETH block space.


On the other hand, spot ETH ETF saw a net inflow of $1.17 billion just in June. Fund managers expect the size of the ETH ETF in the second half of 2025 to be several times this level.


Finally, CEX balances are down to only 9 million ETH, the lowest level since 2015.


Eric Conner stated that Ethereum has been hovering between $2400 and $2600 for weeks, with decreasing volume and quiet higher lows. Prolonged consolidation periods often lead to sharp movements. Therefore, if ETH firmly breaks above $2600, the trend may be rapid and intense.

You may also like

News thumbnail

Graphite Protocol(GP) Coin Price Prediction & Forecasts: Will It Surge to $5 by End of 2025 with a 100% Rally?

I’ve been diving deep into the crypto market for years, and let me tell you, the recent buzz…

crypto insight|2025/07/25 09:00:16
News thumbnail

MDT (Measurable Data Token) Coin Price Prediction & Forecasts: Will It Rally to $0.05 by June 2025 with a 79% Surge?

Hey there, fellow crypto explorers! I’m thrilled to dive into the world of MDT (Measurable Data Token) Coin…

crypto insight|2025/07/25 08:30:16
News thumbnail

Aspecta(ASP) Coin Price Prediction & Forecasts: Can It Surge to $0.40 by June 2025 with a 70% Rally?

I’ve been diving deep into the crypto market for years now, and I can tell you firsthand that…

crypto insight|2025/07/25 08:20:17
News thumbnail

N1 (Prev. Layer N) Airdrop: How to Claim Free Tokens by December 2025

I’ve been diving into crypto airdrops for over five years now, and I still remember the rush from…

crypto insight|2025/07/25 07:30:16
News thumbnail

Is TAIX AI (TAIX) IDO the Next Big Thing in Crypto?

I’ve been diving deep into upcoming crypto projects, and let me tell you, the TAIX AI (TAIX) IDO…

crypto insight|2025/07/25 03:00:18
Share
copy

Gainers

Community
iconiconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]