25th August 2025 – (New York) Ether (ETH) surged to a new all-time high over the weekend, reaching $4,954.81 on Sunday afternoon, following a record-breaking session on Friday. By late Sunday, the second-largest cryptocurrency was trading slightly higher at $4,776.46, marking a less than 1% increase.
In contrast, Bitcoin (BTC) faced a downturn, briefly wiping out the gains from its Friday rally. The flagship cryptocurrency dropped to $110,779.01, its lowest point since 10 July, before recovering slightly to trade nearly 2% lower at $112,000. Bitcoin had previously set its most recent high of $124,496 on 13 August.
Friday’s cryptocurrency rally coincided with broader market optimism after Federal Reserve Chair Jerome Powell hinted at potential rate cuts. Ether saw a sharp 15% rise, while Bitcoin gained 4% as investors moved back into riskier assets.
For several weeks, Ether has been leading the cryptocurrency market, buoyed by regulatory developments, increased interest in stablecoins, and significant corporate buying. On Saturday, Bitmine Immersion Technologies, chaired by Wall Street bull Tom Lee, purchased $45 million worth of Ether, according to data provider Arkham.
This shift in market dynamics has solidified Ether’s dominance, maintaining its position above the $4,000 threshold for the entirety of August. Analysts attribute this to growing institutional adoption and structural changes in the crypto ecosystem.
“The buyers are finally bigger than the sellers,” said Ben Kurland, CEO of crypto research platform DYOR. He highlighted the growing inflows into Ether exchange-traded funds (ETFs) and the increasing trend of public companies treating Ether as a treasury asset that can generate yield through staking.
Kurland also pointed to key factors stabilising Ether’s price, including the locking of nearly a third of Ether’s supply in staking mechanisms, the maturation of scaling solutions, and falling capital costs due to anticipated rate cuts. These trends, he explained, have turned the $4,000 resistance level into a strong foundation for Ether’s continued re-pricing.
