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Ethereum is growing fast and outperforming Bitcoin; it could soon reach $3,000 if its current momentum persists.
Timothy St. John•Thursday, May 15, 2025•2 min read
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Quick Overview
- Ethereum (ETH) surged 35% over the past week, outpacing Bitcoin (BTC), which gained only 2.48%.
- Despite a recent 1.55% decline, Ethereum remains bullish with a 1.72% increase over the last hour.
- Investors are optimistic about Ethereum reaching $3,000 soon, sitting just 17% away from that target.
- Though far from its 2021 peak of $4,100, Ethereum is expected to keep outperforming Bitcoin in the near term.
Live ETH/USD Chart
Over the last week, Ethereum (ETH) climbed 35%, one of its biggest gains in a while, and it has outperformed Bitcoin (BTC) as a result, which has only gained 2.48% in that time.
Ethereum’s momentum has slowed recently, with a 1.55% drop over the last 24 hours, placing its value at $2,556 (ETH/USD). However, positive signs are emerging, as the last hour indicates a 1.72% increase.
Thanks to its strong upward momentum, Ethereum has generated greater returns for its investors this week compared to Bitcoin. Analysts are suggesting that Ethereum might currently represent a more appealing investment, though market dynamics can shift rapidly. Ethereum was already on an upward trajectory prior to the announcement of a critical trade deal between the United States and China, further buoyed by the recent completion of its Pectra upgrade.
When Will Ethereum Reach $3,000?
As newer contenders like Trump and WIF have emerged in the market, none have managed to outpace Ethereum’s impressive performance. Investors are now curious about the timeline for Ethereum to reach the $3,000 mark. The last time ETH was at that level was early February, preceding a downturn caused by new tariffs.
Given the current momentum, it’s reasonable to project that Ethereum could hit $3,000 soon—especially since it’s only 17% away. If it can maintain this speed, we might witness this milestone in just a few days.
Data suggests that Ethereum is positioned for a breakout, indicating potential for further gains in the short term. While a sustained outperformance relative to Bitcoin is expected, it’s unlikely to remain at an elevated level indefinitely.
Ethereum still has significant ground to cover to reestablish its 2021 peak of $4,100. Nonetheless, it is demonstrating progress towards establishing a new higher support level. If external factors like tariffs remain stable, the prospects for achieving a new record could become realistic by year-end, buoyed by a resilient economy, decreasing inflation rates, and anticipated interest rate cuts from the Fed.
Timothy St. John
Financial Writer – European & US Desks
