Ethereum is currently one of the major cryptocurrency tokens that have been soaring in demand at the moment. The token is now eyeing major price spots at the moment, now that ETH has been driving steady demand, and at the same time is documenting new price movements and patterns at the same time.
With one analyst predicting a new price target of $4000 and beyond that ETH is targeting as of late, Ethereum is on a brand-new price path, which can ultimately turn the tables around for the token. These two catalysts can help change the ETH price trajectory for the better.
Also Read: Still Holding Ethereum (ETH)? 3 Bear Market Clues You Should Know
Ethereum Price Prediction: What’s New For The Token?
Ethereum is currently sitting at $3169, up 6% in the last 24 hours. The token has been driven by positive market sentiment and narrative, which has now helped Ethereum surge to hit $3K at present. Per Javon Marks, Ethereum is currently outrunning Bitcoin at the moment and is showing signs of positive resurgence in the future.
Ethereum starting to outrun Bitcoin 😮💨.
— JAVON⚡️MARKS (@JavonTM1) July 15, 2025
What a time!
In addition to this, Javon Marks has shared how Ethereum is gunning for major price targets in the future, possibly exploring price targets beyond $4000. Per Marks, ETH may first explore $4811, with the token later peaking at $8500 in the future.
“$ETH numbers say $4,000+ and ~$4,811. After $4,811, prep for $8,500+. This is merely ‘nothing.’”
$ETH numbers say $4,000+ and ~$4,811.
— JAVON⚡️MARKS (@JavonTM1) July 15, 2025
After $4,811, prep for $8,500+.
This is merely ‘nothing’…
Two Major Catalysts for This Change
With Ethereum layer 2s exploding with activity at the moment, this major catalyst may end up spiking ETH to new highs. Major ETH Layer 2 chains, including Base, Arbitrum, and Optimism, have been noticing increased activity and momentum, which again may usher in major price waves for the token.
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— Michael Nadeau | The DeFi Report (@JustDeauIt) July 14, 2025
L2s are now dominating usage within the Ethereum Network.
With the network scaling via L2 adoption and technical upgrades, user cost/tx dropped 49% in Q2 to $.014/tx on average (L2s combined).
This resulted in a 13% increase in combined L2 transactions in the quarter (7.5x… pic.twitter.com/dYyZ7l0cRO
In addition to this, with the ETH’s EIP 1559 update, the token has become deflationary, rapidly promoting the asset’s rarity factor. This deflationary point is also a major factor contributing to Ethereum’s price spike and upgrade.
Also Read: Ethereum Hits $3000 As Bitcoin Climbs To $118K: What’s Next?
