Ethereum: Could ETH smash $5,000 in 2025?

Earlier in the year, Ethereum (ETH) posted a 47% growth. Driven by the SEC’s approval of Ethereum spot ETFs in May, institutional investors increased and ETH’s price climbed by 24.7%.

But then, Ethereum experienced a significant drop following the U.S. Federal rate cut that led to a market-wide slump. Ethereum dropped to below $3,100 for the first time in 29 days, marking a shift from its best performance in December, when it reached a yearly-high of $4,106 on December 16th. However, Ethereum's all-time high of $4,877, achieved in 2021, still remains unbroken.