Ethereum Surges 30% in One Week, Eyes $2,700 Target

Ethereum's price surge has been nothing short of impressive, gaining around 30% in just one week to reach $2,499 on August 24.

This significant recovery comes on the back of strong Ethereum ETF inflows, which saw a total of $697 million netted between August 17 and August 21. This marks one of the strongest periods for Ethereum's ETF inflows in 2026.

The ETH/BTC pair has also made a notable move, briefly reclaiming the 0.03205 level but still requires holding onto this breakout structure to confirm its strength.

Ethereum's price is now close to the $2,600 resistance level, with momentum indicators showing strong demand but short-term conditions becoming increasingly stretched. A confirmed break above $2,500 would likely bring $2,700 into focus.