Ethereum, which plummeted 50% from its peak, recovers 16% monthly, reigniting the spark for an uptrend.

▲ Ethereum (ETH)/ChatGPT Generated Image ©

The one-year return rate of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, was found to be lower than that of coal, a virtual mineral in the popular online game RuneScape, shocking the market. Although the leading cryptocurrency is currently driving an upward trend and seeking a rebound, caution is advised, as it is too early to guarantee a sustained upward trend amidst macroeconomic uncertainties.

According to Watcher.Guru, a cryptocurrency specialized media outlet, on May 5 (local time), virtual asset analysis platform Arkham analyzed that Ethereum's performance over the past year did not keep pace with the price increase of coal within the RuneScape game. RuneScape coal surged from 150 GP in May 2025 to nearly 300 GP in January 2026 and is currently trading around 193 GP.

Ethereum, like the broader virtual asset market, is classified as a risky asset. It reached an all-time high of $4,946.05 in August 2025, creating a strong bull market, but investment sentiment rapidly froze thereafter due to macroeconomic uncertainties and escalating geopolitical tensions. Ultimately, it had to endure a painful correction, plummeting over 50% from its August 2025 peak.

However, recently it has been showing signs of a gradual rebound, emerging from a deep slump. According to CoinGecko data, Ethereum's price has risen by 0.3% in the last 24 hours, 4.2% weekly, 3% over 14 days, and a significant 16% over the past month, showing a clear recovery.

This recovery trend is interpreted as a spillover effect from the leading cryptocurrency, Bitcoin (BTC), reclaiming the $81,000 mark. Bitcoin, which had encountered strong resistance between $78,000 and $79,000, broke through key resistance levels, boosting overall market investor sentiment. Furthermore, the massive capital inflow from institutional investors through Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) is acting as a solid driving force for the upward rally.

The media pointed out that while Ethereum's recent rebound is encouraging, whether this rally can be sustained long-term remains uncertain. It added that if volatility resurfaces before the market's foundation is fully solid, further price adjustments cannot be avoided, thus requiring investors to exercise extreme caution.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*