With Bitcoin giving everyone a reason to celebrate, it was about time Ethereum, often dubbed the digital silver, had its moment.
And it has certainly delivered, surging past key resistance levels and shaking up the crypto market in the process.
As per data from Coinglass, more than $76.54M worth of Ethereum short positions have been liquidated in the last 24 hours.
This comes after Ethereum crossed the $3K mark, rising over 70% in the past four weeks.
At the time of writing, $ETH sits at $3,775, the highest it has been this year. The $ETH/$BTC pair has also gained 40% over the same period, currently trading at $0.03184 – a 2025 high.
Read on as we dive into the reason behind Ethereum’s explosive move and what could be next for the token. We’ll also highlight the best altcoins worth considering to make the most of this momentum.
Growing Number of $ETH Holders
As per Santiment, the $ETH network has over 152.03M non-empty $ETH wallets, which is more than any other cryptocurrency. This Sunday, a whale wallet bought 13,500 $ETH with $50M worth of $USDT.
In another notable move, SharpLink, a publicly traded sportsbook marketing company, recently became the largest corporate holder of $ETH, acquiring 280,706 tokens valued at $1.06B.
Clearly, Bitcoin isn’t the only reserve-worthy asset anymore, with Ethereum quickly catching up. While Bitcoin has already reached a new all-time high, $ETH is just 25% away from breaching its previous peak of $4,800.
It currently faces strong resistance at $4,100. This is a level that, once broken, could propel the token toward $5,000 in the short term.
As Ethereum continues to attract whales and institutional investors, setting the stage for its next major move, several other crypto tokens stand to benefit from this bullish momentum.
If you don’t want to miss out, here are some of the best cryptos to buy now.
1. Snorter Token ($SNORT) – Best Altcoin to Buy Right Now, Telegram-Based Trading Bot
Snorter Token ($SNORT) is the token powering Snorter, a Telegram-based crypto trading bot built specifically for retail users.
Until now, institutional investors have typically swooped in to absorb all the early liquidity in new meme coins. But Snorter changes the game.
The bot allows retail users to place buy/sell limit and stop orders (which Snorter then automatically executes) directly from the Telegram chat, creating a more level playing field.
In addition to its ease of use, the bot is mighty secure too. It not only independently verifies every token before enabling trading, but also comes with protection against honeypots, rug pulls, and even sophisticated sandwich attacks.
Currently in presale, $SNORT has raised over $2.18M, with each token priced at just $0.0989.
Moreover, according to our Snorter Token price prediction, the token could surge by 1,842% in 2026, potentially hitting $1.92 and offering life-changing returns.
Finally, it’s worth noting that holding $SNORT unlocks lower trading fees (0.85% vs. 1.5% for non-holders), advanced analytics, and increased daily sniping limits, giving early adopters a clear edge.
2. Bitcoin Hyper ($HYPER) – New Bitcoin L2 for dApp & Web3 Compatibility
Bitcoin Hyper ($HYPER) is the first Bitcoin layer-2 blockchain solution that uses a canonical bridge to convert traditional $BTC into wrapped Bitcoin.
Over time, the Bitcoin network has slowed due to rising transaction volume, and it still lacks native compatibility with DeFi and Web3 applications.
$HYPER aims to change that, powered by the Solana Virtual Machine (SVM). Once converted into wrapped Bitcoin, your $BTC can be used across DeFi, NFTs, blockchain gaming, and other Web3 ecosystems.
When you’re done, the same bridge lets you convert your wrapped $BTC back into real Bitcoin seamlessly.
This high-performance, low-latency token brings the scalability and developer-friendly experience of Solana to the Bitcoin ecosystem.
The $HYPER presale is gaining strong traction, having already raised $3.9M.
Each token is currently selling for just $0.01235. And according to our $HYPER price prediction, it could reach $0.2 by 2026 – a potential 16x return.
3. FLOKI ($FLOKI) – OG Meme Coin Gaining Massive Traction Once Again
FLOKI ($FLOKI) boasts a market cap of around $1.3B, making it one of the top 10 meme coins by market capitalization.
Named after Elon Musk’s Shiba Inu, FLOKI has grown into a multi‑utility meme token since its launch in June 2021.
The platform is developing Valhalla, a play‑to‑earn, NFT‑based metaverse gaming ecosystem where $FLOKI serves as the primary currency.
Players can use it for in‑game purchases, trade NFTs, and win rewards. Since its July 1 launch, Valhalla has crossed the 1M transaction mark and seen approximately 125K NFT mints.
Better still, $FLOKI has surged over 92% in the past four weeks, and it’s currently trading around $0.0001402.
With strong Valhalla adoption and bullish technical sentiment, as the token consolidates near recent highs, potentially setting up for a breakout, experts anticipate a 50%-80% upside from current levels.
Bottom Line
With Ethereum joining Bitcoin in a fresh rally, the broader crypto market, led by its two dominant players, looks overwhelmingly bullish.
This renewed momentum sets the stage for promising altcoins like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) to ride the wave, offering early investors a chance to capitalize on what could be the next major breakout phase in crypto.
That said, kindly remember that crypto investments are highly risky. Also, this article is not financial advice, and we strongly urge you to do your own research before investing.
