Ethereum Surges to Strongest Third Quarter Since 2016
Ethereum experienced its strongest third quarter since 2016, gaining around 66.55% in Q3 2026.
This significant rally was driven by substantial inflows into spot Ethereum ETFs, amounting to over $10 billion, and corporate treasury purchases worth $15 billion.
The surge in decentralized finance activity, with $88 billion locked in Ethereum-related chains, also played a key role in the price increase.
The price of Ethereum approached its all-time high near $5,000 but did not surpass it before pulling back slightly in September.