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Free Article
What's Behind Ether's (ETH) Latest Rally
By Anders Bylund – Aug 13, 2025 at 4:44PM
Key Points
Ether (ETH) climbed as much as 9.3% intraday and was up about 5.2% over 24 hours as of 2 p.m.
The gains sprang from a mix of market forces and analyst reports.
Ether has now gained about 72% over six months and about 973% over five years, highlighting both strong returns and high volatility.
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Is this rally about real adoption or short-term speculation? Check out the multiple drivers behind the cryptocurrency's big move to multiyear highs.
Ether (ETH 2.37%) is skyrocketing right now. The second-largest crypto (measured by total market value) was up 5.2% in 24 hours as of 2 p.m. ET on Wednesday. The one-day jump was even larger on Wednesday morning, as the Ethereum blockchain token's rocket ride started on Tuesday afternoon. For example, it posted a 24-hour gain of 9.3% just before 8 a.m. ET today.
The big jump was powered by several smaller catalysts, working together to drive Ether's price higher.