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Ethereum gains 29.3% in a week, outperforming Bitcoin as institutional demand rises.

Analyst Insights
24 Aug 2026
Crypto news
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Bullish
Ethereum gains 29.3% in a week, outperforming Bitcoin as institutional demand rises.

Ethereum's price rose 29.3% over seven days, surpassing Bitcoin's 21.4% gain, driven by increased institutional interest and ETF inflows. Fundstrat's Tom Lee predicts Ethereum could reach $10,000 within two years, citing its growing role in tokenization, stablecoins, and AI applications. U.S. Ethereum ETFs attracted $365 million in July, more than Bitcoin's $205 million, signaling a shift in investment focus. However, Ethereum still faces competition and must sustain gains to confirm a lasting rotation away from Bitcoin.

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