Ethereum could reach $25K in 2025 with $17B corporate buying influx
Corporate entities have been making substantial investments in Ethereum (ETH) as of late, resulting in a massive accumulation of the cryptocurrency. Recent data compiled by StrategicETHReserve reveals that corporate treasuries now hold a staggering $17.6 billion worth of Ethereum, equivalent to over 4.1 million ETH. This amount represents about 3.4% of the total circulating supply of ETH and is distributed across 69 different companies.
One notable player in this trend is BitMine Immersion, a Nevada-based company that has seen remarkable success in its ETH holdings. In just over a month, BitMine Immersion has gone from holding $500 million worth of ETH to amassing 1.52 million ETH valued at $6.6 billion. Their ambitious objective is to acquire 5% of the total supply of Ethereum.
Following closely behind BitMine Immersion is SharpLink Gaming, which holds 741,000 ETH valued at $3.2 billion. This Nasdaq-listed firm initiated its ETH purchases in June and has shown no signs of slowing down. CEO Joseph Chalom describes Ethereum as the “trustware of global finance,” underscoring their commitment to becoming the most substantial public holder of ETH.
Despite this surge in institutional buying, the price of ETH has faced some challenges, currently hovering around $4,246 and experiencing a 10% decrease in value this week alone. Although the coin reached $4,700 earlier this month, it has since retraced most of those gains.
Analysts remain optimistic, drawing parallels between Ethereum’s current institutional adoption and Bitcoin’s previous trajectory. They suggest that the significant corporate accumulation of ETH could act as a catalyst for the cryptocurrency’s next major rally. The tightening supply due to large corporations hoarding the asset may eventually drive up prices.
Additionally, the influx of institutional money is evident in the rising number of ETF holdings, which now represent 5% of the circulating ETH supply, amounting to over $25 billion. This substantial investment from various sources underscores the growing interest in Ethereum.
Standard Chartered has recently released ambitious price predictions for Ethereum, forecasting a price of $7,500 by the end of the year. Their projections extend to $12,000 by late 2026, $18,000 in 2027, and an impressive $25,000 by 2028-29. With companies like BitMine and SharpLink continuing their ETH purchases, Ethereum appears poised for a significant bullish trend.
While current prices may seem stagnant, the future outlook for Ethereum appears promising with the substantial corporate interest and investment in the cryptocurrency. The potential for ETH to rally in the near future seems inevitable, driven by the mounting corporate demand and a constrained supply. The real question is not if Ethereum will see a price surge, but rather when and how high it will go.
