Ethereum’s ether token climbed past $4,600 for the first time since November 2021 during late trading on 12 August, underscoring renewed momentum across digital-asset markets. The second-largest cryptocurrency cleared a series of round-number thresholds in rapid succession—$4,000 on 8 August, $4,200 a day later and $4,500 earlier on 12 August—before extending gains to $4,600. Investing.com data showed the move lifted ether more than 8 percent intraday, while charting platform TrendSpider calculated a jump of nearly 40 percent in less than 10 days. At current levels, ether sits roughly 6 percent below its all-time high near $4,880 set in 2021. The advance came alongside broader strength in digital assets, with bitcoin hovering just under $120,000 and solana touching about $186. Market participants cited improving risk appetite and rising institutional participation, though volatility remains elevated.