ETH Reaches Record $4887, Outperforming MasterCard and Netflix

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 23 2025

Ethereum Price Surge: Ethereum reached a new all-time high of $4,887, marking a 14% increase in just 24 hours and achieving a market cap of $586 billion, surpassing companies like Mastercard and Netflix.
Institutional Support: The price rally is supported by strong institutional inflows and large ETH reserves, indicating growing confidence in crypto-backed ETFs and long-term strategic holding.
Market Dynamics: Daily trading volume exceeded 353K ETH, with significant buy and sell activity, while the circulating supply has decreased due to increased demand, putting upward pressure on prices.
Future Projections: With a market cap above $572.47 billion and ongoing reserve growth, Ethereum is poised to potentially breach the $600 billion mark and may soon cross the $5,000 price barrier if momentum continues.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

ETH Reaches Record $4887, Outperforming MasterCard and Netflix

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