JAKARTA – The cryptocurrency Ethereum (ETH) is getting closer to its all-time high price (ATH). ... In addition, the boom in non-fungible tokens or NFTs and skyrocketing market interest in decentralized finance (DeFi) have also contributed to the rise in the price of Ethereum.

What is ETH all time high?

LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world's second-largest cryptocurrency. Ether, the digital token of the Ethereum blockchain, rose to an all-time high of $4,196.63 at 12:15 p.m. ET, according to Coin Metrics.

What was Ethereum highest market cap?

In April 2021, the Ethereum market cap reached new heights and grew to over 250 billion U.S. dollars - the first time this cryptocurrency achieved that feat.