Ethereum is now one of the leading cryptocurrency tokens that has been noting a steady price surge. The token has now overtaken retail giant Costco in terms of market cap, leaving the cryptocurrency market astonished. ETH has finally awakened after a prolonged period of dormancy, exhibiting signs of a gradual ascent and progress. How high is Ethereum truly planning to surge? Let’s find out.
Also Read: Ethereum ETFs are Topping Bitcoin: ETH to Boom to $5k?
Ethereum Surpasses Costco
In one of the major ETH feats, Ethereum has now surpassed retail behemoth Costco in market value. This major development has been driven by multiple factors, including Ethereum’s widespread adoption and its surging popularity as the genius act makes its way into the market.
🔥 JUST IN: Ethereum flips Costco in market cap.$ETH: $466.7B$COST: $414.8B pic.twitter.com/quFEldMi4t
— ETH Gems Alert (@EthGemsAlert) July 28, 2025
Moreover, Ethereum has recently been experiencing rapid highs due to its growing institutional interest and adoption. SharpLink Gaming, a leading gaming firm, has recently purchased 77,210 ETH, valued at $295 million, which has given the token a significant price boost.
“SharpLink (@SharpLinkGaming) bought another 77,210 $ETH ($295M) and currently holds 438,017 $ETH ($1.69B).”
SharpLink(@SharpLinkGaming) bought another 77,210 $ETH($295M) and currently holds 438,017 $ETH($1.69B).https://t.co/143CVq5E6U pic.twitter.com/Oa4dQ9XFGF
— Lookonchain (@lookonchain) July 28, 2025
Moreover, it is to be noted that this purchase comes after SharpLink hired former BlackRock employee Joseph Chalom as co-CEO of the firm. Chalom was responsible for heading the department of digital assets at the firm, causing headwinds for leaving the firm to join SharpLink Gaming.
Joseph Chalom, former BlackRock Head of Digital Assets, appointed Co-CEO of SharpLink Gaming ( $SBET)
• Chalom led BlackRock’s ETH ETF (ETHA) and major partnerships with Coinbase, Nasdaq, Circle, BNY Mellon
• SharpLink is the largest public company to adopt Ether (ETH) as its… pic.twitter.com/gA6rhTdqFx— DA Sails (@da_sails) July 28, 2025
How High Is ETH Planning to Surge?
As per the CoinCodex ETH prediction, the token has already been trading at a new high of $3900 at press time. The portal predicts the token to hit $4200 by the end of August 2025.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 10.36% and reach $4,270.12 by August 26, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 73 (greed). Ethereum recorded 23/30 (77%) green days with 16.67% price volatility over the last 30 days.”
Also Read: Novogratz Bets on ETH: “Could Beat Bitcoin in 6 Months”
