Ethereum’s price has been a bit wobbly lately, going down after a big jump. While short-term things look a little shaky, many experts think this is just a temporary dip in an otherwise positive trend. There are some good reasons for this optimism. Things like clearer US regulations and more companies buying Ethereum are all good signs. Ethereum’s use in things like tokenizing real-world assets is also growing.
SharpLink’s Smart Move
A company called SharpLink Gaming just made a huge move. They bought $105.5 million worth of Ethereum from Galaxy Digital and then staked it all with Figment. This shows they’re really serious about using Ethereum.
SharpLink, a publicly traded company, is one of the first to build its treasury strategy around Ethereum. As of late July 2025, they own a whopping 438,190 ETH. This is a big deal because it shows how more and more companies are using crypto in their finances. SharpLink’s strategy could be a model for other companies. By staking their ETH, they’re earning rewards while also helping secure the Ethereum network. It’s a win-win.
Ethereum Price: A Closer Look
Ethereum’s price is currently around $3,661. It had a great run in July, going up over 85%, but it’s cooled off since then. Key support levels to watch are around $3,038 and $2,850. If the price falls below those, it could signal more trouble. However, longer-term support levels are much lower, suggesting that any significant drop might be a buying opportunity for long-term investors. The overall picture is still bullish, but the price needs to break above $3,860 to confirm further gains. Trading volume is down, showing some hesitation in the market.