In November 2021, the price of Ethereum's native cryptocurrency, ETH, reached its previous all-time high of over $4,878.
The second-biggest cryptocurrency has surged in 2025, rising almost 40% so far this year.
On Friday, the price of ETH +9.83% momentarily reached its highest point to date, surpassing $4,878 to become the second-largest cryptocurrency in the world. When the market was booming due to the pandemic in November 2021, Ethereum's native token reached its previous all-time high of $4,878.26.
Ether crossed $4,500 on August 12 after breaking through the $4,000 mark on the weekend of August 9 for the first time since December. In 2025, ETH has experienced a significant surge, exceeding the growth of bitcoin and trading up more than 40% so far this year.
The surge has been mostly driven by record inflows into spot Ethereum exchange-traded funds and the expanding trend of ether-focused digital asset treasury (DATs). ETH ETFs, which are managed by BlackRock's ETHA, currently have over $20 billion in assets under management after the SEC authorized them for trade in July 2024.