Ethereum's price has repeatedly broken through the $4000 mark.
On March 11, 2024, Ethereum's price exceeded $4000, reaching $4024, marking the first time since December 2021 that Ethereum's price reached this level. At that time, Ethereum's Den Cun upgrade plan was set to launch on March 13, 2024, aiming to improve scalability and efficiency through 'proto-danks harding', potentially reducing layer-two network fees. Meanwhile, the accelerated approval of ETH spot ETFs could attract institutional investors, driving long-term price increases and higher adoption rates.
On December 6, 2024, Ethereum reached $4000 for the first time since March 14 of that year, with a daily increase of 2.8%.
Entering 2025, Ethereum's price remained strong, breaking through $4000 again. In August 2025, as Bitcoin reached a historic high of $107,000, Ethereum's price also temporarily surpassed $4100, marking the highest point in nearly three years and demonstrating strong market momentum. However, Ethereum's price faced selling pressure and retreated, and as of August 7, the trading price was approximately $3989. Analysts generally believe that Ethereum's medium-term bullish trend remains unchanged; if it can break through the key resistance level of $4000 and gain more institutional funding support under improved regulatory transparency, ETH is expected to surpass $5000 next year and even set a new historical high.