Ethereum (ETH) has reached its highest daily closing price in 3.5 years as of August 10, 2025. Following this, ETH achieved its highest weekly close since December 2021, marking a notable milestone in its price performance. As of August 12, 2025, Ethereum is rapidly approaching its all-time high from 2021, with the price gap narrowing to approximately $250. Market observers note that ETH is surging and closing in on this record level, with some estimates placing it less than $100 away from the previous peak. This upward momentum indicates strong market interest and a significant recovery in Ethereum's valuation since late 2021.