Ethereum's (CRYPTO: ETH) $5,000 price level has, over the last couple of years, taken on a somewhat mythical prominence in the minds of many crypto investors. In August 2025, pretty much everyone thought that the coin was bound to cross that level. Instead, it rose to $4,946, just a hair past its prior all-time high near $4,815, set in late 2021. And then it began its long, unhappy trek back down to near $2,350, where it is today. Thus, Ethereum has never managed to be worth $5,000 per coin despite two clo ...