On August 13, the Ethereum (ETH) price is rallying towards a new ATH. The digital asset's price is only a little over 4% away from its previous ATH recorded in 2021.
ETH price is surging in a bullish general crypto market, up by over 4% in the past 24 hours. The total market cap of crypto surpassed $4.11 trillion.
ETH Price Trajectory on August 13
At the moment of writing this article, ETH is trading above $4,494, up by over 9% in the past 24 hours.
ETH debuted a price rally from $4,281 on August 12, reaching a top above $4,705 on August 13, when the digital asset hit a market cap of over $568 billion.
Currently, ETH has a market cap of more than $566 billion, down by approximately 4% from its previous ATH.
ETH Hit Its ATH in November 2021
ETH recorded its previous ATH at over $4,821 on November 16, 2021. The digital asset debuted a sustained price rally on April 12, 2025 from prices of approximately $1,567.
Despite being a weaker performer compared to Bitcoin, which managed to reach a new ATH in July 2025 above $122,000, ETH has been picking up steam, and its price continues to approach its previous ATH.
ETH's price surge has been supported by an optimistic crypto market and rising institutional support.
ETH ETFs Significant Inflows
The ETH ETFs in the US recorded six consecutive inflow days since August 5, The biggest inflow day in the crypto products was on August 12 at almost $524 million.
The biggest inflow was recorded by BlackRock's ETH ETF, ETHA, which saw over $318 million in inflows on August 12, followed by Fidelity's ETH ETF, FETH, which saw inflows of almost $145 million on the same day, according to data from SoSoValue.
Such significant inflows in ETH ETFs mirror continued institutional interest in the digital asset. It remains to be seen whether ETH is able to hit a new ATH on August 13.
