Summary of this article
Ethereum crosses $4,900, marking a new all-time high.
Experts discuss potential trajectory and future price prospects.
Institutional participation and network developments remain key focus areas.
Ethereum reached a new all-time high over the weekend by surpassing $4,900 for the first time in its history. The world’s second-largest cryptocurrency by market capitalisation hit this milestone amid strong investor demand and a wider rally in digital assets. At the same time, prices have since eased slightly and are currently trading lower.
According to CoinMarketCap, Ethereum crossed the $4,900 mark for the first time since 2021, reaching a fresh all-time high of $4,953.73. It is currently trading at $4,587.76, which is 7.24 per cent lower than its peak and 3.84 per cent down in the past 24 hours.”
Key Reasons Behind the Historic High
Ethereum’s latest rally marks its first new all-time high in nearly four years, driven by strong on-chain activity and rising institutional participation.
Edul Patel, Co-founder and CEO of Mudrex said, “Ethereum has witnessed a strong sentiment shift in recent months, rising from April lows of $1,300 to a record $4,953. This rally has been driven by improving on-chain metrics, with network transactions up 63 per cent and active addresses rising 26 per cent in the past 30 days.”
He added that institutional participation has also surged, with ETFs managing about $30.6 billion in AUM and treasury holdings exceeding 4.1 million ETH, which reflects growing confidence in Ethereum.
Ethereum Price Trajectory and Future Prospects
Looking ahead, experts highlight developments that could influence Ethereum’s future price trajectory.
While discussing factors that could influence Ethereum’s future price trajectory, Himanshu Maradiya, Founder and Chairman of CIFDAQ, told Outlook Money:
“Ethereum’s breakout above $4,900 highlights how the broader adoption of Ethereum-based applications could reinforce its price momentum in the coming months. Institutional demand is already visible with record ETF inflows, while nearly one-third of the ETH supply remains staked, tightening liquidity and strengthening its base. Expanding on-chain use cases like tokenisation, scaling solutions, and DeFi will further support growth.”
According to Sumit Gupta, Co-founder of CoinDCX, technical upgrades and network developments are expected to play a key role in sustaining Ethereum’s momentum.
He said: “If current momentum continues, Ethereum could consolidate above $5,000 in 2025, with potential for higher levels. The upcoming Fusaka hard fork in November, building on the Pectra upgrade, is designed to improve scalability, efficiency, and resilience. Combined with growing DeFi and NFT activity, these upgrades support Ethereum’s long-term outlook.”
Edul Patel believes upcoming macroeconomic factors could accelerate Ethereum’s rally. He said, “This ongoing rally is based on the fundamental growth in ETH’s value. In the coming months, the Fed’s rate cut could play a crucial role in ETH’s trajectory. With new liquidity entering the market and increased stablecoin activity, ETH might reach $7,500 before the end of the year.”
