1. Introduction
Ethereum continues to be the backbone of DeFi, NFTs, and smart contracts. But how is it performing in July 2025 amid competition and evolving tech? Let’s break it down.
ETH in July 2025
ETH has been ranging between $3,200–$3,600 in July so far, outperforming many altcoins. The rise is partially fueled by the upcoming “Northern Lights” upgrade and rising L2 activity.
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Market cap: $435 billion
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Gas fees: Lowered due to proto-danksharding testnet success
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Staked ETH: 31 million
Technical Snapshot
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Support: $3,200
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Resistance: $3,700
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RSI: 58 (neutral)
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Pattern: Bullish flag
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Moving averages indicate bullish momentum (20-day > 50-day crossover)
Ecosystem & Upgrades
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DeFi TVL: $105B, with major activity on L2s (Arbitrum, zkSync)
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Upgrade update: Proto-danksharding testnet launched, preparing for final mainnet roll-out in Q3
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NFT Activity: Slight slowdown, but gaming NFTs (e.g., Immutable) still rising
SWOT Snapshot
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Strengths: Most developer activity, DeFi hub
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Weaknesses: L2 dependence
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Opportunities: Institutional DeFi, rollup-centric roadmap
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Threats: Competing L1s, potential regulatory scrutiny on staking
ETH Price Forecast
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Bullish: $3,800–$4,000 with upgrade hype
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Bearish: $3,000 if BTC drops sharply
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Strategy: Consider partial staking for passive yield or trading ETH/L2 pairs
Conclusion
Ethereum remains a solid long-term bet with steady innovation. The July 2025 momentum could continue if the upgrade goes smoothly.