Ethereum is on the move, rallying another 9% in the past 24 hours. The rally has been driven by one of crypto’s larger players investing big money in ETH – giving bulls another reason to get excited.
Price is already pushing past key resistance levels, and talk of a new all-time high this cycle is picking up.
Meanwhile, new meme coins like TOKEN6900 are starting to benefit from the momentum, seeing increased demand as traders seek Ethereum-linked tokens that could be about to explode.
Ethereum Price Jumps After World Liberty Financial’s $10M Investment
Ethereum has been on a roll the past few days, and a big reason is some massive buying behind the scenes.
According to blockchain data from Nansen, World Liberty Financial just snapped up 3,007 ETH overnight – roughly $10 million at an average price of $3,325 per token.
This isn’t their first buy either. They secured an additional 4,468 ETH in March. That kind of accumulation isn’t something retail traders can pull off – and it’s a clear sign that institutions are betting on ETH to keep rising higher.
🚨 Trump-backed World Liberty Financial just bought $10M in $ETH, per @nansen_ai.$ETH price: $3,341
Smart money is buying while retail sleeps.
They’re not chasing pumps, they’re positioning early.#Ethereum #ETH pic.twitter.com/RZrrg5QMFQ
— RK Gupta (EarnWithRK) (@earnwithrk) July 17, 2025
ETH’s price has reacted positively. The token is now hovering around $3,450, up 9% in the past day and 23% over the week.
That’s its highest point since mid-January. Open interest is back above $22.7 billion, so there’s plenty of leveraged money in the mix, too.
And retail sentiment looks just as upbeat, with 81% of users on CoinMarketCap clicking the “Bullish” button right now.
Can Ethereum Keep Rising and Hit a New All-Time High?
With ETH back above $3,400, the big question traders are asking: is this the run that takes it to new highs?
ETH’s previous all-time high was $4,891, which no longer seems out of reach. And a strong lineup of catalysts suggests that reaching this milestone again feels more attainable than ever.
First off, Ethereum has reclaimed the key $3,000 resistance level. Breaking resistance typically leads to even larger price moves when it is retested and held.
At the same time, spot ETH ETFs are bringing in huge amounts of capital, including a record $726 million net inflow just last week.
There’s also the simple supply squeeze aspect: more ETH is staked, burned, and locked up than ever, while whale wallets keep adding.
Ultimately, if ETH holds above $3,000 through August and those ETF inflows stay strong, some well-known names – including Arthur Hayes – predict ETH could reach $5,000 before the end of the year.
That would not only clear 2021’s all-time high but also set the tone for whatever comes next.
How ETH’s Rally Could Boost New Meme Coins Like TOKEN6900
While ETH is climbing, meme coin traders are already looking at where the spillover could land. One name showing up more and more is TOKEN6900.
It’s an Ethereum-based meme coin that doesn’t pretend to be anything else. The supply is exactly 930,993,091 tokens – just one more than SPX6900, as part of an ongoing inside joke.
And the vibe is full degen. Retro Windows 95-style website, zero roadmap, and a tagline that literally says “nothing but vibes.”
Yet that attitude is resonating. T6900’s presale has already raised over $620,000 in early funding, with one whale investing over $11,000 this week.
T6900 is showing up in several “best meme coin” lists, it’s trending on CoinSniper, and has been featured in videos from the team at 99Bitcoins.
Basically, it’s got that same kind of SPX6900 setup – low-cap ERC-20 energy right before a wider meme coin season hits.
And with ETH showing no signs of pulling back, the flow of capital into new meme plays is only set to get stronger.
A higher ETH price means presale buyers have more firepower. Plus, now that Pectra is live and Layer-2 fees have dropped, tokens like T6900 have a more affordable path to DEX listings and swaps.
So, if ETH does break to a new all-time high this cycle, don’t be surprised if TOKEN6900 explodes too.
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