Key Takeaways:ETH breaks past $4,867, surpassing its November 2021 record.Price is up 250% from April lows, fueled by dovish Fed policy.$287.6M in Ether ETF inflows mark strong institutional demand.Corporate treasuries hold nearly $30B in ETH, adding structural support.Bitcoin dominance falls below 60%, signaling capital rotation into altcoins.ETH Crosses Record Highs After Powell’s SpeechEthereum surged past $4,870 on Coinbase Friday, setting a new all-time high and closing a chapter on the long consolidation since November 2021. The breakout followed Fed Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium, where he signaled higher odds of a 25 bps rate cut in September.ETH jumped 14% on the day, extending its rebound to 250% since April’s $1,385 low. Powell’s comments on labor market stability and restrictive policy fueled expectations of looser liquidity — a tailwind for risk assets like Ethereum.ETF Inflows and Treasury Demand Reinforce RallyInvestor flows are confirming ETH’s strength:On Aug. 21, Ether ETFs pulled in $287.6M after a four-day outflow streak, lifting total ETH ETF holdings above $12.12B.Corporate treasuries, including BitMine, SharpLink, BTCS, and GameSquare, have acquired nearly $1.6B in ETH over the past month, swelling total corporate reserves to $29.75B.Ray Youssef, CEO of NoOnes, said ETH is increasingly viewed as a utility-rich reserve asset, not just a speculative token.Analyst Targets: $7,500 to $25,000Forecasts are turning more aggressive. Standard Chartered lifted its 2025 year-end ETH price target to $7,500 (from $4,000), projecting $25,000 by 2028.Hyblock analysts noted that ETH’s rally is supported by real demand absorbing OG supply, unlike past tops where early investors capped momentum. With ETF inflows, treasury adoption, and supportive U.S. regulation under the GENIUS Act, ETH may be in what they called a “perfect storm.”Bitcoin Dominance Declines as “Altseason” BeginsEthereum’s surge coincides with a drop in Bitcoin dominance below 60%, the lowest since March. At its yearly peak, BTC commanded 66% of crypto market share.This shift signals a rotation into altcoins, with ETH leading large-caps. According to CoinShares, ETH-focused products saw $2.86B in inflows in mid-August, compared to Bitcoin’s $552M. Month-to-date, ETH funds added $2.96B, while BTC products recorded $21M in outflows.Ethereum’s breakout to new highs above $4,870 is being fueled by a dovish Federal Reserve, record ETF inflows, and surging corporate treasury adoption. With Bitcoin dominance falling and altcoin season taking shape, analysts say the stage is set for ETH to test $5,000 and potentially climb toward $7,500 in the coming months.

Key Takeaways:Ethereum network activity surged 63% in 30 days, boosting bullish momentum.Futures open interest sits at $69B, showing strong leveraged demand.ETH price hit $4,701, its highest in nearly 4 years, liquidating $351M in bearish bets.Investor risk appetite is rising, fueled by Fed signals of potential rate cuts.Ethereum Nears $5,000 After 4-Year HighEthereum’s native token ETH rallied to $4,701 on Friday, its highest level since November 2021. The surge liquidated more than $351 million in bearish futures positions, underscoring renewed bullish dominance in the market.The rally comes amid improving macro conditions. U.S. Federal Reserve Chair Jerome Powell hinted at a more accommodative monetary stance at the Jackson Hole Economic Symposium, boosting investor confidence in risk assets.With ETH trading above $4,800 at press time, analysts say the long-awaited breakout to $5,000 could be imminent.Nasdaq Rally Signals Risk-On ShiftThe Nasdaq index gained 1.8%, reinforcing the trend of investors moving away from bonds and back into equities and digital assets. Ethereum has already climbed 33% in the last 30 days, outpacing Bitcoin and most altcoins.Powell’s remarks further shifted expectations: bond traders now see a 45% probability of U.S. rates falling to 3.5% or below by March 2026, compared to 37% last week. Lower borrowing costs reduce financial stress and generally boost liquidity for risk assets like ETH.On-Chain Data Confirms Ethereum’s StrengthEthereum’s network activity is accelerating rapidly:Transactions: +63% in 30 days.Active addresses: +26% in the same period.By comparison, Solana saw just a 2% rise in transactions, with active addresses down 14%. BNB Chain registered a 50% drop in transaction count.This divergence underscores Ethereum’s dominance as the primary smart contract platform powering DeFi, NFTs, and Web3 growth.Futures Market Signals ResilienceDespite liquidations, ETH’s open interest remains steady at 14.4M ETH (~$69B), reflecting continued appetite for leveraged exposure. Futures premiums have risen to 7% annualized, up from 4% earlier in the week, signaling healthy optimism without overheating.According to analyst JA_Maartun, Ethereum futures buyers haven’t shown this level of aggressiveness in over a month — a clear sign of building conviction behind the rally.Can ETH Finally Break $5K?While BNB and Tron already trade above their 2021 highs, Ethereum still trails its previous record of $4,868. That gap remains a psychological hurdle, but current metrics suggest ETH may be ready to close it in the coming days.If Ethereum convincingly breaks above $5,000, analysts expect momentum could carry the price higher into price discovery territory, with institutional ETF flows and on-chain activity reinforcing the trend.Ethereum’s rally is being powered by booming network activity, robust futures demand, and a macro-driven shift toward risk assets. With ETH just shy of its all-time high, the stage is set for a potential breakout to $5,000 and beyoond.

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、行情与合约数据、矿业信息、项目动态、技术进展等行业动态。

On Aug 23, 2025, 11:59 AM(UTC). According to Binance Market Data, Ethereum has dropped below 4,700 USDT and is now trading at 4,698.970215 USDT, with a narrowed narrowed 9.88% increase in 24 hours.

Stellar stuns with ultra-bullish golden cross in what appears as price bottoming out source: https://u.today/stellar-golden-cross-confirmed-xlm-price-to-06

سجل سعر الايثيريوم ارتفاع حاد تجاوز 14% يوم الجمعة، متخطيا قمته السابقة المسجلة في نوفمبر 2021 عند 4869 دولار، ليصل إلى ذروته التاريخية عند 4887 دولار قبل أن يتراجع قليلا إلى 4750 دولار وقت النشر. source: https://arab-btc.net/ethereum-hits-new-ath/

Ondo Finance announces U. S. stock tokenization launch via Ondo Global Markets, impacting DeFi ecosystems. source: https://coincu.com/356877-ondo-finance-us-stock-tokenization

The EFCC of Nigeria has called on all victims of the Crypto Bridge Exchange (CBEX) investment fraud to assist them with the ongoing investigations. source: https://www.cryptopolitan.com/nigerias-efcc-cbex-victims-investigations/

Can traders expect Ethereum (ETH) to test $5,000 mark over next days? source: https://u.today/ethereum-eth-price-prediction-for-august-23

Key Points:Tom Lee, chairman of BitMine’s board, believes Ethereum has a greater than 50% probability of overtaking Bitcoin by market capitalization.Lee made the comments in an interview on August 23, citing Ethereum’s expanding role in decentralized finance (DeFi) and Web3.While Bitcoin remains the dominant crypto asset, institutional adoption trends and utility-driven demand are strengthening Ethereum’s long-term case.Ethereum vs. Bitcoin: A Shift in Market Leadership?Tom Lee, newly appointed chairman of BitMine’s board, said during an interview on August 23 that Ethereum’s market capitalization has a high probability — 50% or more — of surpassing Bitcoin’s in the future.Lee’s comments reflect a growing belief among analysts and investors that Ethereum’s broader utility across DeFi, NFTs, and Web3 applications could eventually position it as the leading digital asset, despite Bitcoin’s status as the first and largest cryptocurrency.

XRP technical indicators are suggesting the asset is eyeing a possible 107% spike after confirming a major support zone. source: https://finbold.com/xrp-price-set-for-6-after-confirming-major-support/

在演讲中，鲍威尔提到税收、贸易和移民政策的「全面变革」。其结果是，美联储在充分就业和物价稳定这两个目标之间「风险平衡似乎正在发生变化」。

你有没有想过，网络其实已经完全超出了人类的处理能力？

BTC,行情,加密市场,BTC是智商筛选器 金色财经,拥有BTC的残酷真相并非如你所想。

8月22日，据CNBC/Bloomberg/WSJ综合报道，美联储主席杰罗姆·鲍威尔周五对未来可能降息给出温和暗示，他指出，高度的不确定性使得货币政策制定者的工作变得困难。

ETH,行情,SEC,1384天后以太坊终于创历史新高——下一个里程碑在哪里？ 金色财经,马上6000亿美金市值。

ETH 破新高！财库公司买了 ETH，然后呢？「继续买」和「钱生钱」

AI+Crypto投资札记：兴趣导向，安全垫先行。

金色财经推出加密货币和区块链行业早报《金色早8点》2794期，为您提供最新、最快的数字货币和区块链行业新闻。

稳定币竞争已从发行转向分发，美联储点名「稳定币、智能合约、AI」是支付创新三大支柱。