Ethereum Just Had Its Best Month in a Year: Can ETH Keep Rallying in August?
The summer time will not be probably the most thrilling interval in the cryptocurrency markets, and the previous month or so proved it. Nevertheless, Ethereum managed to change into one of many few (re)rising stars, surging by roughly 20% and reaching a native peak.
History means that August has been fairly the controversial month for the most important altcoin, and we’ll discover that information to attempt to see what might be hiding across the nook in the subsequent 30ish days.
ETH Saw Big July Gains
The second-largest cryptocurrency by market cap had a violent finish to 2025 and a equally painful begin to 2026. Its troubles started after the all-time high marked in August final yr, when it was rejected and marked six consecutive month-to-month closures in the purple. The most painful had been November (-22.38%), January (-17.52%), and February (-19.81%).
A minor reduction rally adopted in March and April with features of round 7% every. However, the bears returned in May with an 11% drop, whereas June was extraordinarily bearish for all the market and ETH dumped by 21.7%. As such, the expectations for July had been high for a rebound. Historically, it hasn’t been Ethereum’s finest month, however all that had been in the inexperienced noticed double-digit features.
July 2026 didn’t disappoint. The altcoin rebounded from the early slumber when it dipped towards $1,500 and rocketed to $1,980 at one level. Although it was rejected there, it ended the month at round $1,900, which meant a stable surge of roughly 20%. This efficiency dwarfed BTC’s month-to-month features, because the market chief jumped by a extra modest 9%.
What’s Next in August?
Although there are some warning signs about ETH’s short-term value future, August has delivered some main features all through the years. Obviously, the 2017 version stands out when the token skyrocketed by practically 93%. 2020 introduced a respectable 25.32% surge, adopted by one other 35.62% pump in 2021. The features in August 2025 had been additionally double digits, and ETH managed to interrupt its earlier ATH file throughout that month.
The reverse aspect of the coin is that the opposite six Augusts since 2016 have been in the purple. The most painful examples that stand out had been through the 2018 bear market when ETH slumped by nearly 35%, one other 21.31% leg down a yr later, and the 2024 drop of twenty-two.21%.
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