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Ethereum Pops Above $4,000

After a breakneck surge over the past 4 weeks, ETH reclaimed $4,000 for the first time since December. Are ATHs on the way?
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Aug 8, 2025 • 1 min read

Ethereum just crossed the $4,000 mark, buoyed by strong narrative momentum and new capital flowing into altcoins.

What’s the Scoop?

  • Narrative Momentum: Ethereum has become the center of a new wave of treasury strategy companies on Wall Street that are continuing to buy up ETH.
  • ATHs in reach?: ETH is currently trading 18% below its previous all-time high of $4,878 reached November 10, 2021.
  • On-Chain Address Activity: Such strong upward moves often coincide with upticks in active wallet addresses and new network users, reflecting growing adoption in real time.
  • Futures Market Shift: ETH perpetual futures trading volume overtook Bitcoin’s for the first time since 2022—a sign that speculative activity is migrating toward Ethereum.

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