Ethereum ($ETH), the flagship altcoin, has recently achieved another price milestone. As per the market data, Ethereum has effectively jumped above the $3,100 mark, indicating a notable momentum amid the wide-ranging crypto rally of July 2025. This upward momentum raises the possibility for Ethereum to soon touch its all-time high price at $4,891 and set new ATHs.
Ethereum Jumps Above $3,100 as Crypto Rally Turns Aggressive
In line with the latest statistics, amid the broad-level crypto bull run, Ethereum ($ETH) has recently surged past the psychological price level of $3,100. This price spike denotes a noteworthy development in Ethereum’s upward trajectory toward its all-time high of $4,891. At the moment, it is changing hands at $3,123. This price level signifies an increase of 5.26% over the past 24 hours.
In this respect, the data points toward the capital rotation in the crypto market. Specifically, the Bitcoin’s ($BTC) decline from $123K to $117K played a key role in pushing the capital toward the altcoins sector. Hence, several retail traders opted to sell $BTC to invest in altcoins like Ethereum ($ETH). This significant shift reportedly contributed to Ethereum’s massive rally.
AI-Led Token Ecosystem Records 4.63% Increase over 24 Hours
Apart from that, the AI-led token ecosystem also recorded considerable upsurge as several assets achieved huge gains. Particularly, this sector saw a 4.63% jump over the past twenty-four hours. The prominent names of the assets getting substantial gains include Fetch.ai ($FET), Bittensor ($TAO), zkSync ($ZK), and Arbitrum ($ARB). Hence, $FET jumped by 6.61%, while $TAO and $ZK recorded 8.37% and 10% increases. Simultaneously, $ARB also witnessed a 10% rise in the meantime.
Keeping this in view, the decline in Bitcoin’s price has led to a large-scale growth in the price of Ethereum ($ETH) and other altcoins. Additionally, the increasing inflation concerns are also fueling the capital shift toward the promising crypto assets. Overall, while Ethereum ($ETH) has crossed the $3,100 mark, it is anticipated to soon touch and surpass the all-time high price level of $4,891.
