Ether, the native token of the Ethereum blockchain, climbed past its November 2021 peak of about $4,891 on Friday, setting a new all-time high of just over $4,900, according to price quotes cited by traders on digital-asset platforms. The move capped an intraday rally of roughly 13% and left the cryptocurrency less than 1% away from the psychologically significant $5,000 level.

The breakout ends a 1,375-day stretch without a record and marks the first time a major digital asset other than Bitcoin has set a fresh high in the current market rebound. Trading-desk commentary pointed to broad risk appetite across alternative tokens, with several strategists warning that Ether’s performance could set the tone for a wider “alt-season” if momentum carries the token decisively above $5,000.

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