Macro-tailwinds like a softer Fed policy could favor the ETH price forecast June 2025, with projections clustering in the $4,500–$5,200 range. Futures market open interest is climbing, signaling higher participation from leveraged players. But that simply has not happened. For one, the Ethereum ETFs have not been nearly as successful as the new Bitcoin ETFs. Secondly, there was the crypto "flash crash" in August, which significantly impacted investor perceptions of Ethereum. As a result, Ethereum is now down 33% from its intra-year high of $4,000 back in March. Ethereum still anchors DeFi with roughly $47 billion TVL , more than double its nearest rival, even after a 20% drawdown in Q1 2025. NFT volumes tell a different story: down 24% year‑to‑date as “utility fatigue” sets in, though Nike’s .SWOOSH and Yuga Labs’ Otherside continue to build on‑chain. Institutional adoption themes back the ETH price forecast June
