Three Major Tailwinds Push ETH to $4.2K, Making Vitalik Buterin a Billionaire

Thanks to Ethereum’s powerful surge past $4,200, co-founder Vitalik Buterin is once again an on-chain billionaire. His public wallet holdings now exceed $1.03 billion, a direct result of that has pushed the network’s market cap back above $510 billion. is being driven by what looks like a perfect storm of three distinct tailwinds for Ethereum.

In his own words.

have now accumulated more than 5.43 million ETH, a surge fueled by growing institutional confidence. These ETFs could soon offer staking yields if regulators approve, enhancing their appeal.

Alongside the ETFs, a new trend of corporate Ethereum treasuries is emerging. Publicly listed companies like Bitmine, GameSquare, and BTCS are now buying ETH for their balance sheets. According to Standard Chartered, these treasury holders have already acquired 1% of Ethereum’s total supply since June and could eventually .

Regulatory sentiment in Washington D.C. has also turned notably in crypto’s favor. President Trump recently signed the GENIUS Stablecoin Act, the first major U.S. crypto legislation.

The House also advanced the anti-CBDC Act and the Clarity Act, aimed at clarifying oversight between the SEC and CFTC. These bills now await Senate review, and a new executive order has opened the door for 401(k) retirement funds to invest in crypto.

This string of positive developments broadens the ETH investor base adding yet another source of capital inflow into Ethereum.

Finally, the price chart is telling a bullish story. Market analyst Mags notes Ethereum has broken the $4,000 barrier on its fourth attempt, reaching $4,200 its highest level this cycle.

The move comes after a series of higher lows since the 2022 bottom, supported by a rising trendline.

A confirmed weekly close above $4,000 could set the stage for a run toward $4,800 and potentially new all-time highs above $8,000. However, if the price fails to hold its current level, a pullback to the $3,200–$3,400 support zone is possible.

A decade of building.