Capital Clearly Coming to Ethereum Amid Changing Narrative for ETH, Says Crypto Strategist – Here’s His Upside Price Target Capital Clearly Coming to Ethereum Amid Changing Narrative for ETH, Says Crypto Strategist – Here’s His Upside Price Target

Capital Clearly Coming to Ethereum Amid Changing Narrative for ETH, Says Crypto Strategist – Here’s His Upside Price Target

An analyst known for making timely crypto calls believes that Ethereum (ETH) is poised to positively surprise investors.

Pseudonymous analyst Pentoshi tells his 869,800 followers on the social media platform X that he’s targeting $3,200 for Ethereum but notes that ETH can print new all-time high prices.

Pentoshi says the macro picture is changing for Ethereum in a meaningful way.

“You can see the narrative changing around ETH right now. And in my opinion, it will be obvious in hindsight. But most are too jaded.

In less than one month, public companies will have bought enough ETH to offset all the ETH that’s been created since the Merge.

It’s 1/9th the market cap of BTC, and takes far less capital to move. That capital is clearly coming.

It’s still very early for this trade. I don’t know if it will be today, tomorrow, or next month. But I think we are going to look back at what is right in front of your eyes and think, I can’t believe it was so obvious.

The amount of capital starting to flow into ETH, will lead to big moves. And all we have to do, is do nothing. Set the tribalism aside, set the past aside.

[Tom Lee] should be paid attention to, and the amount of companies he will onboard, and other retail users.

All you have to do is set your bias aside and look at what’s happening. Hate it or love it. It seems inevitable.” 

In a question-and-answer exclusive with the Global Money Talk YouTube channel, Fundstrat managing partner Tom Lee says that Ethereum will come back to life amid increasing stablecoin adoption.

“Stablecoins are being pushed by the United States government. Here’s the thing. Circle (USDC) runs on Ethereum. Stablecoins run on Ethereum. So as stablecoins explode, Ethereum is the backbone for stablecoins. So I think Ethereum is going to make a big comeback as well.”

Data from DefiLlama shows that the total Ethereum stablecoins market cap currently stands at $126.509 billion, up over $431 million in just seven days.

At time of writing, ETH is worth $2,615.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Source link

Henry Kanapi

https://dailyhodl.com/2025/07/09/capital-clearly-coming-to-ethereum-amid-changing-narrative-for-eth-says-crypto-strategist-heres-his-upside-price-target/

2025-07-09 20:00:16

bitcoin
Bitcoin (BTC) $ 118,132.00 3.19%
ethereum
Ethereum (ETH) $ 4,588.24 2.01%
xrp
XRP (XRP) $ 3.11 5.33%
tether
Tether (USDT) $ 1.00 0.04%
bnb
BNB (BNB) $ 841.87 1.08%
solana
Solana (SOL) $ 193.99 3.54%
usd-coin
USDC (USDC) $ 0.999813 0.01%
staked-ether
Lido Staked Ether (STETH) $ 4,575.34 1.76%
tron
TRON (TRX) $ 0.361013 0.74%
dogecoin
Dogecoin (DOGE) $ 0.226073 7.18%
cardano
Cardano (ADA) $ 0.930417 5.70%
wrapped-steth
Wrapped stETH (WSTETH) $ 5,544.94 1.92%
chainlink
Chainlink (LINK) $ 22.64 4.22%
hyperliquid
Hyperliquid (HYPE) $ 45.55 2.12%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 118,227.00 2.90%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,940.22 2.01%
sui
Sui (SUI) $ 3.80 5.49%
stellar
Stellar (XLM) $ 0.426456 5.70%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,914.97 2.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 590.85 5.59%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
hedera-hashgraph
Hedera (HBAR) $ 0.252043 4.51%
weth
WETH (WETH) $ 4,586.69 1.64%
avalanche-2
Avalanche (AVAX) $ 23.95 4.65%
litecoin
Litecoin (LTC) $ 122.80 6.95%
the-open-network
Toncoin (TON) $ 3.42 1.46%
leo-token
LEO Token (LEO) $ 9.28 0.41%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 5.35%
usds
USDS (USDS) $ 0.999741 0.01%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01 0.47%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 118,771.00 2.63%
uniswap
Uniswap (UNI) $ 11.02 8.52%
whitebit
WhiteBIT Coin (WBT) $ 45.56 1.96%
polkadot
Polkadot (DOT) $ 4.03 5.46%
okb
OKB (OKB) $ 99.69 4.23%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19 0.04%
bitget-token
Bitget Token (BGB) $ 4.58 4.65%
crypto-com-chain
Cronos (CRO) $ 0.152868 8.78%
aave
Aave (AAVE) $ 316.12 3.06%
ethena
Ethena (ENA) $ 0.725369 7.82%
pepe
Pepe (PEPE) $ 0.000011 7.45%
monero
Monero (XMR) $ 250.78 2.18%
dai
Dai (DAI) $ 0.999848 0.01%
mantle
Mantle (MNT) $ 1.11 0.27%
bittensor
Bittensor (TAO) $ 368.33 7.13%
near
NEAR Protocol (NEAR) $ 2.82 3.61%
ethereum-classic
Ethereum Classic (ETC) $ 22.51 5.62%
aptos
Aptos (APT) $ 4.80 3.11%
ondo-finance
Ondo (ONDO) $ 1.01 5.46%
internet-computer
Internet Computer (ICP) $ 5.62 3.94%