Ethereum News Today: Ethereum Surpasses $4,000 for First Time Since December 2024

Ether (ETH) climbed back above $4,000 for the first time since December 2024 on August 8, 2025, marking a key milestone for the cryptocurrency in 2025 [1]. This development comes as Ethereum continues to assert itself as a dominant force in the broader crypto market, taking significant market share from Bitcoin. The price surged on the back of growing institutional demand, favorable regulatory signals, and strong on-chain metrics, including increased staking activity and corporate treasury purchases [4].

Ethereum’s market dominance has been steadily increasing, with analysts noting that it is now approximately 50-60% of the way into a macro uptrend [1]. The cryptocurrency’s share of the total crypto market cap has grown significantly, with Bitcoin’s dominance slipping below 60.7% on the day [1]. This shift reflects a broader investor preference for altcoins, particularly Ethereum, which has outperformed Bitcoin in recent weeks. Large whale transactions and OTC trades have further fueled the narrative of strong institutional interest, with a single whale purchasing $5.56 million worth of ETH on the same day [1].

On-chain data from Cointelegraph Markets Pro and TradingView showed ETH/USD reaching $4,012 on Bitstamp, a level not seen in eight months [1]. The pair gained approximately 1.7% on the day, with the $4,000 level now within $900 of all-time highs. This price action has sparked optimism among traders and analysts, with some suggesting that Ethereum is entering a “reaccumulation zone” as bears attempt to short the asset [1].

Ethereum’s rise has also been supported by regulatory clarity, particularly regarding liquid staking and staking receipt tokens. The U.S. Securities and Exchange Commission’s Division of Corporation Finance recently indicated that these activities may not constitute securities under the 1933 Securities Act, provided certain assumptions are met [4]. This regulatory shift has boosted confidence among investors, leading to a surge in staking activity and treasury allocations.

Further reinforcing the bullish sentiment, the SOL/ETH Hot Capital Ratio dropped to 0.045, signaling strong inflows into Ethereum over Solana [5]. Ethereum’s dominance in capital inflows has been particularly notable in the past week, with aggregated funding rates remaining significantly lower than during previous attempts to breach $4,000 in March and December 2024 [2]. This suggests that speculative pressure is lower, and the current price movement may be more sustainable.

Glassnode cofounder “Negentropic” highlighted the momentum, suggesting that Ethereum’s next move could “melt faces” and shared a detailed video analysis in advanced trading groups [4]. However, caution remains as the token faces its second-largest wave of selling pressure following the recent rally near $4,000 [7]. This indicates that while the price has reached a key psychological level, it must now defend against renewed bearish forces.

If Ethereum can maintain its position above $4,000 and push toward the $4,500 level, it could potentially reclaim its all-time high of $4,891, reached in November 2021 [4]. Standard Chartered analysts have pointed to increased treasury adoption of Ethereum as a factor driving investment optimism [8]. Meanwhile, Bitcoin, despite its recent market cap decline, could see a short-lived rebound, but its long-term dominance is increasingly under question [1].

As the crypto market continues to evolve, Ethereum’s performance will be closely watched to determine whether this resurgence marks the beginning of a more sustained upward trend.

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Sources:

[1] Cointelegraph (https://cointelegraph.com/news/ether-price-hits-4k-for-first-time-since-december-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

[2] Cointelegraph (https://cointelegraph.com/news/ethereum-beats-solana-in-capital-inflows-4k-target-in-sight)

[4] U.Today (https://u.today/ethereum-eth-to-melt-faces-top-analyst-issues-breathtaking-prediction)

[5] AInvest (https://www.ainvest.com/news/ethereum-news-today-ethereum-surpasses-solana-capital-inflows-4k-target-looms-2508/)

[7] TipRanks (https://www.tipranks.com/news/ethereum-is-facing-its-second-largest-wave-of-selling-pressure-with-a-25-to-35-drop-in-play)

[8] Nairametrics (https://nairametrics.com/2025/08/07/standard-chartered-ethereums-treasury-adoption-sparks-investment-optimism/)