On August 22, 2025, Ethereum surged to a new all-time high of $4,880, driven by Federal Reserve Chair Jerome Powell’s signals of impending interest rate cuts during the Jackson Hole symposium.
This milestone, ending a four-year drought, was fuelled by institutional investments in Ethereum ETFs, network upgrades like Pectra, and booming stablecoin activity.
Analysts, including Arthur Hayes, predict further gains, pushing the crypto market cap beyond $4 trillion and reigniting optimism for decentralised finance.