Ethereum has experienced a notable uptick, with its price rising 0.43% to reach $3033.94. This marks the highest 5 p.m. level since November 18, 2025, when it traded at $3097.14. Ethereum’s performance is drawing attention as this is the largest percentage increase since November 26, 2025, when it gained 3.06%.
The cryptocurrency has managed to rise on four of the past five days, showing an upward trend over two consecutive days and increasing by 3.5% during this period. Despite this recent growth, Ethereum is still down 21.39% month-to-date, putting it on track for its worst monthly performance since February 2025, when it dropped 32.98%.
Ethereum Price Movement: Analyzing the Surge
The Ethereum price is currently down 9.29% year-to-date and has decreased by 38.77% from its all-time intraday high of $4955.23, which was recorded on August 24, 2025. Furthermore, it is 15.09% lower than its price 52 weeks ago on November 28, 2024, when it traded at $3573.01.
However, the recent price increase has brought Ethereum up 115.17% from its 52-week intraday low of $1387.85, observed on April 9, 2025. During the day’s trading, Ethereum peaked at $3069.18, marking the highest intraday level since November 19, 2025, contributing to a 1.59% rise at today’s intraday high.
Factors Driving Ethereum’s Recent Price Increase
Several factors might be contributing to Ethereum’s price surge. First, the broader acceptance and integration of blockchain technology into various sectors continue to bolster investor confidence. Second, the ongoing developments and upgrades in the Ethereum network, such as the transition to Ethereum 2.0, offer potential enhancements in scalability and efficiency, attracting more investors.
Additionally, the global macroeconomic environment, including inflation concerns and monetary policies, might be influencing investors to consider cryptocurrencies as a hedge, thus pushing demand for Ethereum.
Finally, the growing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs) is adding fuel to Ethereum’s appeal, as it remains the backbone of many DeFi projects and NFT platforms.
Despite these positive developments, the market remains volatile and unpredictable, requiring investors to stay informed and cautious about sudden shifts in trends and sentiments.
Note: The Ethereum price is a 5 p.m. ET snapshot from Kraken. Data compiled by Dow Jones Market Data.
