Ethereum Rises Approximately 11% in July, Institutions and Supply-Demand Become New Catalysts

Ethereum started strong in July 2026, with a rise of approximately 11% so far this month. Analysts point out that the core advantage of ETH's July performance lies in the asymmetry between gains and losses: during July, the average gain is about 43%, while the average loss in down years is only about 5% (from 2020 to 2025). Historically, significant bullish months for Ethereum are usually driven by unique catalysts and supply-demand imbalances. The current market environment presents similar opportunities, including institutional infrastructure development, upgrades to the Ethereum roadmap, and increased corporate holdings of ETH. Ethereum is entering a new phase of development, where institutional adoption, technological upgrades, and capital allocation may become important factors driving ETH's market performance.