Ethereum undergoes a raisy expansion, shoots above $ 2,650 and keeps support above $ 2,600 – a feature that reinforces investors’ confidence over the wider crypto market. When ETH shows signs of long -term strength, institutional interest ramps. On Thursday, Sharplink Gaming (Nasdaq: SBET) made headlines by deepening his commitment to Ethereum. In a prospectus supplement submitted to the US Securities and Exchange Commission (SEC), the company revealed that it has raised the ceiling on the amount it can sell from $ 1 billion to $ 5 billion.
This strategic feature is part of Sharplink’s Treasury plan centered on gathering ETH, which makes it one of the first Nasdaq-listed companies to assume such a bold Ethereum-focused economic strategy in public. The news arrives when ETH continues to lead altcoins in recovery, surpassing large comrades with growing volume and strong technical speed.
Ethereums Network Fundamentals and Price Action is in line with an expanding institutional story. Since traditional companies such as Sharplink integrate ETH into its balance sheets, the stage can be set for a broader wave of corporate scrup -adoption, especially if Ethereum retains its grip over current levels and confirms a Haussey Macrotrend.
Sharplink becomes the largest business owner of Ethereum
Sharplink Gaming has officially become the largest business owner of Ethereum. In his latest prospectus Supplement submitted to the US SEC On July 17, 2025, the company confirmed that it has increased the total amount for joint warehouse it can sell according to its sales agreement with AGP/Alliance Global partners to $ 6 billion. This figure includes the first prospectus on May 30 and another $ 5 billion approved by the latest addition.
These revenues are addressed to Ethereum purchases as part of Sharplinks Crypto Treasury strategy. As of today, the company has 280,706 ETH – valued at about $ 1 billion – on its balance sheet.
This bold distribution not only positions Sharplink as a pioneer within the company’s Ethereum adoption but also sets significant upward pressure on ETH’s long-term scarcity. At current release levels, it would take the Ethereum network about 2.5 years to produce 1,436,000 eth – corresponding volume Sharplink could be gathered if a full $ 6 billion was converted into ETH at today’s prices.
This aggressive strategy signals growing confidence in Ethereum’s role as a long -term value and web3 infrastructure. It can also mark a turning point in the company’s crypto accumulation in addition to Bitcoin.
ETH Price measures: key levels to look at
Ethereum (ETH) shows a powerful rais -like structure on the daily chart and grows to $ 3,606.38 with a 3.64% profit on the day. After breaking through the long -term resistance around $ 2,850, ETH confirmed the outbreak with strong volume, which indicates the belief behind the move. The price is now considerably over 50, 100 and 200-day simple moving average values-at present at $ 2,640, $ 2,359 and $ 2,475 respectively, which indicates a full bullish-like trend setting over timeframes.
The diagram shows a clear outbreak from a consolidation phase that lasted for several weeks. When ETH recycled $ 2,850 and tilted it to support, accelerated momentum. Since then, ETH has printed several large bodies with minimal wicks, a sign of aggressive purchase.
The volume has risen in recent days and reinforces the strength of this rally. The current price measure indicates a market driven by institutional participation, probably affected by macro developments such as ETF inflows and clarity in the United States.
Featured Image from Dall-E, Chart from Tradingview
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