Ethereum (ETH) reclaimed the $3,600 threshold on July 18, 2025, trading at $3,642 with a 9% 24-hour gain, marking its first return to this level since January. Weekly gains reached 22%, while monthly performance soared 43%, signaling a robust recovery from prior lows.
Record-breaking ETF inflows fueled the rally, with U.S. spot Ethereum ETFs attracting $602 million in daily inflows, building on $717 million the previous day. Weekly totals hit $1.7 billion – the highest since December 2024 – reflecting surging institutional demand.
Corporate adoption accelerated the momentum as companies added ETH to balance sheets, boosting its market cap to $439 billion. The surge contributed to a broader market breakout, with the total cryptocurrency market capitalization hitting a historic $4 trillion. Bitcoin (BTC) led at $120,000 (market cap: $2.4 trillion), while altcoins like BNB and Solana (SOL) rallied, confirming broad participation.
Regulatory tailwinds, including pro-crypto U.S. House bills, supported the milestone. The crypto industry now trails only Nvidia ($4.2 trillion) in market value, cementing its global financial significance.