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Ethereum broke into uncharted territory Friday, with ETH briefly topping $4,880 and setting a new all-time high. The move caps a 40% year-to-date rally that has outpaced bitcoin and reignited investor excitement around the network’s role in decentralized finance and beyond.
What’s the Scoop?
- New record: ETH eclipsed its previous November 2021 high of $4,878, hitting $4,884 on Friday. The token is up more than 15% on the day and 40% year-to-date.
- Macro tailwinds: Dovish comments from Fed Chair Jerome Powell boosted broader markets, adding fuel to ETH’s surge.
NEW ETH ATH!!!!! pic.twitter.com/UnYkRxsDUy
— RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams) August 22, 2025
