Ethereum Price Surge Ahead as Analysts Predict $1,000 Jump

Key Points

• Ethereum Price Surge Ahead as Analysts Predict $1,000 Jump
• Analysts expect major gains fueled by the Pectra upgrade and ETH-staking ETFs.
• SEC-approved ETH options and a 90-day tariff pause are improving sentiment.
• ETH spiked 13.7% in 24 hours, signaling renewed investor interest.

Ethereum (ETH), the second-largest cryptocurrency by market cap, has been struggling throughout early 2025. From rising competition to macroeconomic pressure, investors have started to question the long-term value of Ethereum as an asset.

But recent signs suggest that a major Ethereum price surge might be just around the corner.

ETH’s market price recently fell below its realized price — something that hasn’t happened since 2020. This kind of divergence often hints at market undervaluation and has historically been followed by bullish momentum.

Generational $ETH buy opportunity! pic.twitter.com/ybJd8vpBX4

— CryptoGoos (@crypto_goos) April 9, 2025

Adding fuel to the fire, the SEC recently greenlit options trading for BlackRock’s iShares Ethereum ETF (ETHA), leading to a noticeable spike in ETH’s price. The market responded with a strong 13.7% price jump in just 24 hours, pushing ETH to $1,613.

All of this comes at a time when President Trump announced a 90-day pause on tariffs, bringing short-term relief to global markets. His remarks — “This is a great time to buy!” — have only added to the wave of optimism.

Ethereum Realized Price vs. Market Price. Source: CryptoGoos – Techtoken

For a deeper dive into Ethereum’s potential recovery path, check out our feature on Ethereum’s 2025 comeback plan and how Pectra could spark a bull run.

Analysts Believe Ethereum Is Undervalued Right Now

ETH is currently being viewed as one of the most undervalued digital assets in the crypto market. According to crypto analyst Ted Pillows, Ethereum is “the most hated token right now,” a label previously held by Solana when it plummeted to $8.

While investor sentiment appears negative, many in the space argue this is exactly when the biggest upside potential appears. Pillows, who has gained a following for his market forecasts, predicts that a series of upcoming developments in May could push Ethereum up by as much as $1,000.

Ethereum Price Performance. Source: Techtoken

One of the primary reasons for the current undervaluation is the gap between Ethereum’s realized and market price. Historically, these periods of undervaluation have been followed by strong rallies.

If you’re wondering whether Ethereum is still worth holding, here’s an honest take on whether Ethereum investment is dead.

Pectra Upgrade Could Be Ethereum’s Game Changer

Scheduled for May 7, the upcoming Pectra upgrade is a big deal. It will introduce improvements across staking, blob storage capacity, deposit processing, and even account abstraction.

This upgrade could significantly reduce Ethereum’s transaction congestion and improve scalability — both crucial to staying competitive with newer blockchains.

These changes are expected to increase Ethereum’s value proposition for both developers and institutional investors. They could also lead to higher transaction activity and increased fee revenue. To understand how fee dynamics play a role in ETH’s price growth, explore our insights on Ethereum transaction fee revenue trends.

ETH-Staking ETFs Could Unlock New Institutional Flows

Spot Ethereum ETFs have underperformed compared to Bitcoin ETFs — and one big reason is the lack of staking yields. Investors haven’t had access to the passive income benefits that ETH staking offers.

That could change soon. Cboe has already filed to allow staking for the 21Shares Core Ethereum ETF. Fidelity and NYSE, backing the Bitwise Ethereum ETF, followed with similar proposals. If approved, this could draw major institutional capital into Ethereum.

$ETH has some upcoming bullish events:

▫️May 7: Pectra Upgrade
▫️May: ETH Staking ETFs
▫️Tokenization boom

Each event could potentially push ETH up by $1,000.

Ethereum is the most hated tokens right now, just like $SOL was when it crashed to $8.

— Ted (@TedPillows) April 9, 2025

The possibility of ETH-staking ETFs being approved has become a key focus for analysts tracking Ethereum’s future growth. Read more on the long-term outlook for Ethereum.

Sentiment Shift Could Signal the Bottom Is In

Community sentiment often marks the bottom of a market cycle — and right now, Ethereum is facing a wave of doubt and fear.

Comments like “If you had invested $10,000 in Ethereum 7 years ago, you’d still have $10,000 today” reflect the current level of investor frustration. However, similar emotions surrounded Solana before its dramatic rebound.

If you had invested $10,000 in Ethereum 7 years ago…

You would still have $10,000 today.

Trump you destroyed us man! 🙂$Eth #Eth #Ethereum pic.twitter.com/UKL5xjS2Np

— @CryptoELlTES (@CryptooELITES) April 9, 2025

Market behavior like this often precedes massive recoveries. As we’ve seen with XRP’s rising institutional demand via Hidden Road, major players are quietly positioning themselves ahead of the crowd.

Ethereum Still Holds the Crown for Real Web3 Utility

Despite the negativity, Ethereum remains the backbone of most major Web3 platforms. From DeFi to NFTs, it still dominates usage. Even recent moves like Magic Eden’s Slingshot acquisition point to Ethereum’s influence in shaping the next wave of blockchain adoption.

ETH’s utility continues to be unmatched, and with technical upgrades like Pectra and the possibility of yield-generating ETFs, its foundation is only getting stronger.

Ethereum has been tested by market fear, competing chains, and institutional skepticism — but the data shows it might be more ready for a comeback than ever before. If the next few months unfold as predicted, Ethereum could lead the next crypto bull run.