The ethereum price just printed its strongest weekly candle since January 2023, and the capital behind the move tells you everything about where the real entry sits. Spot Ethereum ETFs pulled in $697.2 million last week, their largest weekly intake of 2026, according to The Block, while Bitcoin ETFs stacked $1.9 billion during the same stretch.
Ether ripped from $1,916 on August 19 to $2,520 by August 28, smashing through the 200 day EMA and reclaiming all four key moving averages for the first time this year, according to crypto.news.
While $2.6 billion in fresh ETF capital rewrites the ethereum price story, a presale that has already attracted $10.8M from early wallets is filling its final rounds before an anticipated Binance listing. Built by the creator of the original Pepe and audited by SolidProof, Pepeto sits at an entry the listing erases permanently.
Ethereum Price Shatters Resistance as Institutions Pour In
Ethereum exploded 29% in seven days as a wall of institutional capital smashed through every resistance level that had capped the price since January. BlackRock’s ETHA fund captured 78% of Monday’s inflows alone, according to CoinDesk, and the $697 million weekly total more than tripled what Ethereum ETFs managed in any prior week this year.
Open interest stayed flat while the move unfolded, which means spot buying and forced liquidations drove the repricing, not crowded futures. RSI hit 79.12. ETH is overbought.
The $2,500 to $2,550 zone now stands as the barrier between a pullback and a push toward $3,000, but the ceiling matters more than the breakout. ETH still sits 49% below its $4,946 all time high, and a return to that peak delivers roughly 96%. That math belongs to large cap territory. The entry that changes a portfolio lives somewhere else.
Why Pepeto Is the Top Presale Before Listing
Pepeto Spotlight
Pepeto strips every cost out of every trade through a zero fee cross chain swap engine, which means volume enters the ecosystem and stays there instead of bleeding out to fee structures.
That frictionless volume flows across chains through a dedicated bridge that connects blockchains which would otherwise trap capital in isolated networks, and PepetoAI scores every position from entry to exit, catching risk before it becomes a loss.
Three tools chained together, zero cost, every trade protected. The same infrastructure model turned early DEX tokens into billion dollar protocols, but Pepeto ships with the architecture already built, a SolidProof audit on record, and staking at 164% APY locking supply tighter with every round that fills.
A 420 trillion fixed supply meets a weekly burn engine, $10.8M already committed at $0.0000001891, and a team led by a former Binance expert steering toward an anticipated Binance listing.
Ethereum Price Outlook
The ethereum price stands at $2,520 on August 28 after its strongest weekly performance in over three years, according to CoinGecko. The breakout carried ETH through $2,000, $2,200, and $2,400 in less than a week, erasing months of sideways action between $1,800 and $1,950.
Changelly’s forecast places ETH near $2,488 by the end of August with a maximum target of $2,527, and the 50 day EMA crossed above the 100 day EMA for the first time this year, a structural signal that the price breakout alone cannot deliver.
The Glamsterdam upgrade, now pushed to Q4 2026 according to CoinMarketCap, anchors the bullish thesis, but the delay leaves the catalyst months away. ETH remains 49% below its all time high of $4,946. The returns from here are real, but they belong to a $304 billion market cap that has already fully priced in the rally.
Conclusion
The ethereum price rally rewrote the charts this week, but the wallets that calculated SHIB’s $0.0000000001 entry before anyone else even knew the name are the same kind of wallets filling Pepeto’s presale right now.
A few months from now this is either a story about a position that listing day turned into life changing returns, or a regret that no amount of time erases because you waited for one more signal while the anticipated Binance listing closed the door.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the ethereum price today in August 2026?
The ethereum price is $2,520 on August 28, up 29% in one week after record institutional ETF inflows.
Is Pepeto a good crypto presale to enter now?
Pepeto is a top presale entry with $10.8M raised, a SolidProof audit, and an anticipated Binance listing approaching.
