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Home Blockchain

Ethereum Breaks New ATH in Japan and South Korea Following Surging Institutional Adoption

by DigestWire member
August 11, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Ethereum breaks new ATH in Japan and Korea, reaching 639,455 yen and surpassing the previous record of 632,954 yen, dating from December 17, 2024.

A similar event took place in South Korea, where $ETH reached 5,971,000 won, beating the previous record of 5.9M won from December 2021.

The sudden surge is unlikely to be the effect of the changing exchange rate, which is known to influence the crypto market, because both the yen and the won appreciated against the US dollar.

Normally, this would suggest that crypto prices should go down, except the Japanese and the South Korean markets experienced the opposite. The only other explanation is an increase in local demand.

But what’s the driving force behind the surge in investor interest?

Growing Institutional Adoption Driving Ethereum Up

The likeliest explanation for $ETH’s record performance on the Asian markets is the growing institutional adoption at the global level, with companies like Bitmine leading the pack with an iron hand.

Bitmine has the largest Ethereum treasury, worth over $2.9B, with Chairman Thomas Lee stating that:

We are well on our way to achieving our goal of acquiring and staking 5% of the overall ETH supply.

—Thomas Lee, Public statement

So, not only is Bitmine the largest $ETH player, but it plans to keep staking Ethereum for the foreseeable future, taking a page out of Strategy’s playbook, the largest Bitcoin holder in the world, with 628,946 $BTC, worth over 75$.

Trump’s recent executive order, which allows crypto into the 401(k) plans, also played a critical role in pushing $ETH up the food chain.

$ETH trades at $4,173 right now, but the growing interest in the Asian markets could force a bullish trend globally, fueling the entire ERC-20 ecosystem.

If and when that happens, keep your eye on the following three projects, which show the highest growth potential in 2025.

1. Snorter Token ($SNORT) – Multi-Chain Token Sniper That Rewards Opportunistic Traders

Snorter Token ($SNORT) is a Solana/Ethereum-based project that introduces the Snorter Bot, the opportunistic trader’s best friend.

The Snorter Bot tracks down and snipes hot tokens milliseconds after liquidity becomes available, making it more reactive and effective even than UIs like Pump Fun, Raydium, and Jupiter.

Snorter Bot presale page

The Bot solves most problems associated with manual coin hunting, which include the risk of scams like honeypots and rug pulls, as well as the high entry-level tech knowledge requirement.

As a novice trader, you only need to learn how to customize the Bot to your liking, enabling its real-time alerts to protect against suspicious projects and setting up the specifics. The Bot will do the rest.

Snorter Bot is the ideal trading partner for beginners and professional traders, helping you target hot assets before they lose steam.

$SNORT powers the ecosystem with the help of a $2.9M presale and a price of $0.1009.

Given the project’s long-term potential, this may be the perfect time to invest. Our analysts predict a $1.02 $SNORT by the end of 2025, for a 910% growth.

2030 could see $SNORT pushing up to $1.50 or higher, depending on the mainstream appeal and implementation.

You can buy your $SNORT today by going to the presale page and following the steps.

2. Dogecoin ($DOGE) – The Friendly Shiba Dog Leading the Meme Market

Dogecoin ($DOGE) is the world’s most popular and beloved Shiba-dog-turned-meme, sitting at the forefront of the meme market.

While it started as a purebred meme coin, Dogecoin soon gained blockchain utility as peer-to-peer currency.

Dogecoin official website

Today, you can spend $DOGE in online shops with third-party providers like Bitpay and Coinbase. The Dogecoin Foundation plans to expand on that and turn

$DOGE into people’s coin, pushing it into the mainstream even more, if that’s even possible.

$DOGE is backpedalling now, trading at $0.2291, witnessing a small contraction over the past 24 hours. However, this comes after a 12.75% push over the past week, which could paint this minor seatback as a buy signal.

Especially since analysts like Ali Martinez predict another bull run, similar to 2021’s ATH, when $DOGE experienced a 13,000% pump.

If you want to join the $DOGE run, go to your favorite exchange and refill your portfolio today.

3. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Upgrade Promising Solana-Level Network Performance

Bitcoin Hyper ($HYPER) is Bitcoin’s official Layer 2 upgrade that promises a Solana level performance boost with the help of tools like the Canonical Bridge and Solana Virtual Machine (SVM.)

How Bitcoin Hyper works

The Canonical Bridge connects the Bitcoin ecosystem to Hyper, minting wrapped Bitcoin into the Layer 2 in numbers equivalent to what the users deposit into the Bitcoin network. The Bitcoin Relay Program is the main transaction validator, ensuring fast throughput.

The Canonical Bridge decongests the Bitcoin network and enables near-instant finality, aside from supporting complex DeFi operations like DEXs and staking.

The Solana Virtual Machine (SVM) enables lightning-fast execution for DeFi apps and smart contracts for Solana-level throughput and scalability.

These tools aim to lift Bitcoin’s traffic cap, currently at 7 transactions per second (TPS), and bring it more in line with modern standards. By comparison, Solana works with 2,909 TPS.

$HYPER is in presale now and has already accumulated over $8.3M, making it one of the most successful presales of 2025. Based on the project’s long-term goals, our analysts predict a 2025 price point of $0.02595 by the end of 2025.

A five-year prediction could place $HYPER at $0.253 if Hyper sees successful implementation and growing adoption.

If you want to support Hyper or simply aim to diversify your portfolio, go to the presale page and buy your $HYPER today.

$ETH Bull Incoming?

$ETH is stable now, but the asset’s performance in the Asian markets can soon reach the Western shores. Especially in the pro-crypto context created by Trump’s 401(k) order and the GENIUS Act as the modern foundation of the new crypto financial system.

More importantly, Bitcoin is still bullish, and if it rallies to another ATH, we could expect the entire market to rally, with projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) seeing increased interest.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

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