$ETH Breaks 4-Year Record High at $4,950


$ETH has shattered its November 2021 all-time high, reaching $4,950 after Fed Chair Jerome Powell hinted at potential interest rate cuts. The second-largest cryptocurrency surged over 15% following Powell's dovish comments at Jackson Hole, continuing its momentum into the weekend.


Institutional demand through spot #ETF products has driven much of the recent rally. U.S. $ETH ETFs collected over $1 billion in single-day inflows for the first time since launching in July 2024. These funds have been outperforming $BTC #ETFs in recent weeks, reversing earlier trends.


Corporate treasury adoption has added significant buying pressure. BitMine Immersion accumulated over $7 billion in $ETH holdings, while SharpLink Gaming built a position worth more than $3.5 billion. These companies follow MicroStrategy's playbook of using crypto to boost stock performance.


Regulatory clarity under the Trump administration has removed key barriers. The SEC now allows liquid staking services to pay rewards without agency registration, a major shift from previous restrictive policies. The #GENIUS Act also established a framework for #stablecoins, which predominantly operate on $ETH's blockchain.

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August 25, 2025 at 3:00 AM
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