Analyst Predicts Ethereum Surge to $16,000

The price of the second-largest cryptocurrency by market capitalization could reach $15,000-$16,000 in the current market cycle, according to technical analyst known as Edward.

Can $ETH actually hit 16K this cycle?

Ethereum has always attracted bold predictions, but this time the technicals and fundamentals may finally be aligning.

A five-digit ETH is a plausible scenario 👇
1. Technicals Align
The monthly ETH chart has formed a clean ascending… pic.twitter.com/uW2fPbFvPs

— Edward (@Defi_Edward) July 31, 2025

Key factors include technical patterns, inflows into Ethereum ETFs, and growing institutional demand.

According to the expert, an ascending triangle has formed on the monthly chart—a pattern often preceding significant growth. A similar situation occurred in 2020, when Ethereum’s price surged by 2000% over 12 months.

“A similar breakout above the $4000 resistance level could realistically propel ETH into the $15,000 to $16,000 range, corresponding to the triangle’s vertical height,” noted Edward.

Reasons for Optimism

The analyst also pointed to signs of accumulation: since the 2022 low, Ethereum has tripled in price, volatility has decreased, and inflows are rising.

“This is not retail investor hype, but methodical accumulation by institutions. Slow, steady, and systematic,” he emphasized.

Spot Ethereum ETFs have recorded inflows for 20 consecutive days. Since early July, over $5.4 billion has been invested in them.

Major companies are increasingly purchasing the second-largest cryptocurrency. The total value of Ethereum on company balance sheets has already reached $10 billion. The annual issuance of the altcoin is less than 1 million ETH, while the “forecasted demand exceeds $20 billion.”

Even small investments from traditional financial institutions could create a supply shortage, further driving up the price, the expert explained.

Edward also noted that growth could be driven by a change in the role of the second-largest cryptocurrency. Ethereum has become part of the financial infrastructure. Restaking and L2 solutions increase the network’s utility, while integration with RWA “expands the use of ETH as programmable collateral.”

“The structure is there. Demand is growing. Supply is limited. And unlike 2021, Ethereum’s economic throughput is increasing,” concluded the crypto analyst.

According to CoinGecko, the crypto asset’s price has decreased by 5.6% in the past 24 hours. At the time of writing, Ethereum is trading at $3665.

Back in July, the main network of the second-largest cryptocurrency celebrated its 10th anniversary. The Ethereum Foundation unveiled a development plan for the next decade.