Ethereum’s [ETH] recent performance has caught the attention of global investors, as on-chain and accumulation signals suggest a potential summer rally. On July 1, 2025, the cryptocurrency landscape could shift dramatically as ETH addresses accumulate record amounts, hinting at bullish momentum.
- Ethereum shows strong on-chain accumulation signals.
- Accumulation addresses hold 22.8 million ETH.
- Recent spike in Ethereum transaction activity.
- Stablecoin dominance near historical resistance levels.
- ETH faces technical hurdles near $2.46k.
- Break above $2.6k could lead to $3k.
With 22.8 million ETH now held in accumulation addresses, this historic high indicates strong conviction among long-term holders. As Ethereum’s transaction count spikes past 1.5 million daily, the question arises: Is this the beginning of an altseason?
As Ethereum gains traction, investors worldwide are asking if it can break above key resistance levels. The implications are vast:
- Increased interest from institutional investors could drive prices higher.
- Potential capital rotation into altcoins may stimulate broader market growth.
- Global economic conditions could influence investor sentiment and trading strategies.
As Ethereum navigates this pivotal moment, the global crypto community should prepare for potential volatility. Will ETH reach $3,000, or will it need more time to gain momentum? The coming weeks will be critical.
