From The Motley Fool · Alex Carchidi · · 50s
Ethereum Surges 66% in Q3
Ethereum outperformed S&P 500 in Q3, but caution advised before loading up.
In brief
Ethereum outperformed S&P 500 in Q3, but caution advised before loading up. Ethereum rose 66% in Q3, beating S&P 500's 2% gain, yet still down 37% over five years. Originally reported by The Motley Fool.
Q3 Performance
Ethereum surged 66% in Q3, marking its best quarter since 2021, while S&P 500 gained 2%.
Five-Year Decline
Ethereum is down 37% over five years, compared to S&P 500's 85% return with dividends.
Ethereum's Value
Ethereum hosts $147.9 billion in stablecoins and $17 billion in tokenized assets.
Network Fees
Ethereum collected $354,748 in fees over 24 hours ending Oct. 14.
Upcoming Upgrade
Ethereum's Glamsterdam upgrade is set to launch on mainnet in Q4 after test network deployment.
The bottom line
Ethereum rose 66% in Q3, beating S&P 500's 2% gain, yet still down 37% over five years.
