Ethereum started a fantastic advance, with which it generated a return of 32% in seven days. Over the past 30 days there is even a return of more than 60%for the Ethereum course, with which it remains on Bitcoin (+34%), gold (+11.46%) and the American S&P 500 (+12.75%).

Are we a witness to the rebirth of Ethereum, or is it a short -term revival?

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Is this the rebirth of Ethereum?

To date, the current market cycle was best described as a nightmare for Ethereum. While Ethereum managed to steal the show with gigantic returns during the 2017 and 2021 bull markets, the number two of the market in this cycle was far behind Bitcoin, but also on direct competitors such as Solana.

Bitcoin, for example, has been able to reach a new all-time high several times, while Ethereum’s still dates from November 2021. On November 10, 2021, Ethereum shot to a race of $ 4,878. Currently it is about 50% with the current rate of $ 2,403.

In December 2024, Ethereum came in the most with a high of $ 4,107. It was not further than that, and that is why this cycle is mainly considered disappointing for the Ethereum of Vitalik Buterin.

Now we suddenly see aggressive increases again, and that can be the result of a number of factors:

  1. Pectra upgrade of 7 May 2025: the biggest improvement since the switch to proof-of-stake (The Merge).
  2. Increasing institutional involvement.
  3. Positive sentiment about changes in laws and regulations.
  4. Sentiment was completely sour and was possibly on absolute soil (read: no sellers left).

And so in theory a positive feeling about Ethereum can suddenly arise, which can mark the start of an upward trend. An increase of 60% over a 30 -day period is at least difficult to ignore.

Dangers for Ethereum

There are of course also dangers for Ethereum. Firstly, after an increase of 60%, it would also not be strange to see some extra sales pressure of people who realize their profits.

In addition, Ethereum is still dependent on the wider macro-economic and geopolitical climate. On that front, the headlines are dominated by the trade war of Donald Trump, who seemed to cool off in recent days.

Thanks to a trade agreement between the United States and the United Kingdom, and the start of the negotiations between China and the US this weekend, we saw practically all risk investments (Bitcoin, Ethereum, shares) shoot up.

It seems as if the market is committed to a fast end of the trade war and is eager to start a new bull market. Although that seems the most logical scenario in the longer term, there is a good chance that we will have to process some turbulence in the short term.

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Source: https://newsbit.nl/ethereum-stijgt-60-in-30-dagen-en-verslaat-bitcoin/



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