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Ethereum (ETH) Price Prediction 2025: $6K Incoming as BlackRock Scoops 269K ETH
- Ethereum has experienced an 80% surge since April, driven by institutional activity.
- BlackRock's purchase of 269,000 ETH indicates a potential supply crunch and positive outlook.
- Institutional interest in ETH was fueled by meetings with the SEC and strategic pivots.
- BlackRock's purchases continued even as they reduced Bitcoin ETF holdings.
- Ethereum's network activity has rebounded significantly, with total transactions hitting 42 million in May.
- Daily active Ethereum addresses surpassed 440,000 and monthly fee revenue doubled.
- Ethereum's stablecoin supply hit an all-time high, signaling increased network utilization.
- Increased demand and potential supply tightening could lead to upward price pressure for ETH.
- The ETH/BTC ratio is at a six-year low, a level historically associated with reversals.
- SharpLink Gaming's $1 billion Ethereum investment and the ETH/BTC ratio suggest bullish sentiment.
- Analysts predict Ethereum may reach $6,000–$6,500 by the end of the year, potentially hitting $9,000 by early 2026.
- The setup mirrors the parabolic altcoin phase of 2017, with Ethereum likely leading the trend.
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