On August 22, 2025, Ethereum (ETH) reached an all-time high, surpassing $4,885 on major exchanges. This event has sparked active discussions within the community.
Ethereum Breaks Previous Record
Ethereum (ETH) has surpassed its previous record set in 2021 and demonstrated significant growth, leading to discussions about its advantages over Bitcoin (BTC) among investors. Supporters argue that Ethereum is considered more decentralized and a more reliable store of value. Specifically, Anthony Sassano from the Ethereum community claims:
> "There is no reason to buy BTC instead of ETH. Ethereum is more decentralized than Bitcoin and ETH is a much better store of value than BTC."
Community and Analyst Reactions
With the ETH/BTC ratio rising from 0.017 to 0.041 in the past four months, Ethereum is significantly outpacing Bitcoin in growth. Ethereum communities actively discuss their successes, mocking those who held short positions against ETH. Ultimately, $468 million in short positions were liquidated in a single session, marking a significant blow for Ethereum bears. One participant noted:
> "ETH bears with liquidated positions are trying to cling to the last signs of fear in the market, but the situation shows that interest in Ethereum is growing."
The Future of Ethereum: What Lies Ahead?
Ethereum supporters are confident that after achieving a new all-time high, ETH is poised to enter a new price discovery period. Tom Lee from Fundstrat asserts that Ethereum has every chance to exceed Bitcoin in market capitalization. "This is like 1971 when the dollar left gold. Very high probability that ETH flips BTC," he added, emphasizing that Ethereum is becoming Wall Street’s new tech stack.
The achievement of a new all-time high for Ethereum raises questions about its future and potential for further growth. Current targets for bulls are now set at reaching the $5,000 mark.