Ether, the native token of the Ethereum blockchain, closed trading on 10 Aug 2025 at its highest level in roughly three and a half years, according to multiple market-data posts. At about $4,200, the token ended the day above every prior close since early 2021, underscoring a resurgence in demand for the second-largest cryptocurrency by market value. The advance pushed the price through what chart watchers described as a four-year falling-wedge resistance, a technical breakout that some analysts say could pave the way for a retest of the May 2021 record near $4,850. Research firm Fundstrat has floated scenarios in which Ether could climb to $16,000 should momentum and on-chain activity continue to strengthen. Ether’s recent outperformance of Bitcoin has revived talk of a broader rally in alternative tokens. Commentators cite a range of potential tailwinds, including a pipeline of exchange-traded products that would allow staking, expanding stable-coin activity on Ethereum, and the U.S. Securities and Exchange Commission’s proposed ‘Project Crypto,’ which aims to move more traditional-finance functions on-chain. Market participants are watching whether the latest breakout can sustain enough volume to confirm a longer-term shift in sentiment.