Digital currency Ethereum sees an impressive surge of over 80% in Q3, marking its most prosperous quarter to date. Financial experts engage in a prolonged debate, speculating future trends for ETH.
Ethereum (ETH) has been making headlines in the cryptocurrency world, with its Q3 performance setting a new record for the digital asset. The price of ETH has surged by an impressive 80%, marking the greatest quarterly growth in its history.
Currently trading at around $4,400, Ethereum must first clear the $4,500 price area to flip the trend to bullish again, according to one analyst. With the digital asset already trading above its previous All-Time High (ATH) price target of $4,800, set 4 years ago, this milestone may not require much anticipation.
Ethereum's strong performance in Q3 may indicate a positive outlook for the rest of the quarter. Analysts expect an even greater price pump for ETH in Q4, as Q3 has set a bullish stage for the bull cycle. In 2020, ETH saw a price pump of almost 60% during a peak bull cycle phase in Q3.
However, the road to further price increases is not without challenges. Huge liquidity clusters need to be wiped out for Ethereum to continue its upward trajectory.
The resilience of Ethereum suggests that altseason and its peak phase may not be far away. Analysts are overall short-term bearish but expect significant price pumps for the crypto market soon.
Interestingly, Ethereum has been outperforming Bitcoin (BTC) steadily over the last few weeks. The analyst remarks that ETH has been holding up well compared to BTC, but shows signs of a possible $4,000 retest.
Looking ahead, analysts project that Ethereum’s price in Q4 2025 could reach between $5,500 and $6,000 if it holds support above $4,900–$5,000. This projection is driven by ETF inflows and the adoption of Ethereum-based applications.
More optimistic forecasts by Fundstrat’s Tom Lee suggest a surge up to $10,000 or even $12,000 to $15,000 by the end of 2025. Standard Chartered forecasts about $7,500 by year-end 2025. However, bearish scenarios warn of a potential drop below $4,000 if Bitcoin falls under $100,000, which could trigger liquidations and increased selling pressure.
In conclusion, Ethereum's Q3 performance has set a bullish stage for the bull cycle, with analysts predicting even greater price pumps in Q4. However, challenges remain, and the digital asset must navigate through potential obstacles to continue its upward trajectory.
