Three Core Reasons Why Ethereum is on a Path to $10,000 - Lookonchain

Three Core Reasons Why Ethereum is on a Path to $10,000

Bull Theory

/2025.08.13 23:04:33

Fueled by soaring institutional demand, record-high network activity, and a severe supply crunch, Ethereum is poised for significant growth. This analysis breaks down why these three factors are creating a path for $ETH to hit $10,000 this cycle.

$ETH will hit $10,000 this cycle

Here are 3 reasons why: 👇

1. Institutional demand

- In Q3, public-listed companies and ETFs have bought 4.4 million ETH worth $20 billion.
- Individual whales and Web3 companies have also bought over 2 million ETH this quarter.
- This accounts for almost 5.5% of the total supply.

2. Network activity

- Weekly DEX volume is at a new all-time high (ATH).
- Daily transactions are at a new ATH.
- Monthly active users are at a new ATH.
- Stablecoin supply is at a new ATH.
- This means network demand is going through the roof, so price is likely to do the same.

3. Supply crunch

- 30% of ETH supply has been staked.
- 8% of supply has been bought by companies and ETFs.
- 25% of supply is being held by long-term “diamond hand” holders.
- 5% of supply has been lost forever.
- Only 12% of supply is now available on exchanges, and it’s decreasing every month.
- Annual token inflation is just 0.5%.
- This creates a supply crunch even bigger than Bitcoin’s.

Now with 401(k) access, upcoming rate cuts, and pro-crypto regulations, the demand for ETH will only go up.
Remember, there will be some sharp corrections to make you panic sell — but in the end, ETH will trade above $10,000 this cycle.

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