Ethereum Breaks Record High, Reaches $4,880 Amidst Market Rally

Ethereum recently surpassed its 2021 peak, reaching nearly $4,880 on August 22, 2025. This surge was fueled by signals from the US Federal Reserve and increased investment activity from institutional players. Key factors driving this rise include expanded DeFi protocols and higher levels of market confidence. 2021’s high point served as a benchmark for Ethereum, now exceeding it, showcasing the growing influence of the platform in the crypto world.