Lagos, July 28, 2025 — Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is showing renewed strength in market momentum, edging closer to the significant $4,000 price mark as investor confidence swells.
As of Monday morning, Ethereum was trading around $3,840, reflecting a steady upward trend over the past week. Analysts attribute the bullish movement to a mix of strong institutional interest, increased adoption of decentralized finance (DeFi) applications, and positive sentiment across the broader crypto market.
Recent data from CoinMarketCap shows Ethereum gaining over 12% in the last seven days, with trading volume and market cap also recording notable surges. Blockchain developers and investors remain optimistic as Ethereum’s Layer 2 scaling solutions continue to improve transaction speed and reduce fees, further boosting its utility and appeal.
Market experts believe Ethereum’s potential to break the $4,000 barrier hinges on sustained investor sentiment and macroeconomic factors, including monetary policy shifts and crypto regulation signals from major economies.
In Nigeria, where digital assets remain popular among youths and tech-savvy investors, Ethereum’s performance is closely watched, especially as it remains a top choice for crypto savings and NFT transactions.
While the milestone remains within reach, traders are advised to monitor key resistance levels and market volatility as Ethereum approaches the critical psychological threshold.