In late August 2026, Ethereum posted its strongest weekly performance since early 2025, climbing 30% to $2,462. BitMine now holds 5,847,611 ETH, roughly 4.8% of the total supply, inside a treasury worth approximately $14.9 billion. The firm added another 32,447 ETH during the latest rally and has bought ETH every week for 14 consecutive months.
Spot Ethereum ETFs recorded $697 million in net inflows across five sessions through August 21, marking their best stretch of 2026. Analysts noted that if $2,400 holds, Ethereum’s near-term target sits at $2,700, with $3,000 possible if a weekly close clears $2,550. ETH remains about 50% below its all-time high of $4,953.
On the meme coin side, Shiba Inu traded at $0.0000053 after a 31% monthly rally, with support near $0.0000044 and resistance at $0.0000060. SHIB secured a listing on Laser Digital Japan, the Nomura-backed exchange, becoming one of only six listed assets. Shibarium transactions climbed 78% in a week, and a delayed FHE privacy upgrade with Zama was flagged as a potential August catalyst. Some analysts see a move to $0.0000083 if resistance breaks, with longer-term bull-cycle targets around $0.00008 to $0.00009. Shiba Inu’s market cap sits near $3.2 billion with 589 trillion tokens in circulation.
Pepeto, a meme coin presale launched by the architect of the original Pepe token, has raised $10.83 million and is being promoted as an early-stage alternative to established meme assets. The project advertises zero-fee trading, a multi-chain bridge across Ethereum, BNB, and Solana, a 164% annual staking yield, and a SolidProof contract audit. Its presale uses structured rounds with price increases between stages, and the team claims an exchange listing path is approaching.
The underlying articles are promotional in nature and should not be taken as financial advice. Readers should research independently before making any investment decisions.
