• Ethereum extends its losing streak to 5 months, closing April 2025 down 1.58% and shedding 36.7% of its value over the past year.

• ETH’s price plummeted from $2,875 (May 2024) to $1,820 (May 2025), with steep drops in October 2024 and March 2025.

• Analysts predict ETH’s May 2025 performance.

The price of Ethereum (ETH), the second-largest cryptocurrency based on market cap, has ended another month at a loss. It ended April 2025 at -1.58%. This loss makes it the fifth successive month the crypto asset has ended in a loss.

The latest loss means that ETH has lost 36.7% of its value over the past 12 months.

The latest data from CryptoRank.io indicates that ETH’s price has fallen from $2,875 as of May 1, 2024, to its current value of $1,820 as of today, May 1, 2025. In 2024, the cryptocurrency recorded strong gains of 47.4% and 24.7% in May and June, respectively.

However, it started its trend of declines in the second half of last year. After recording gains of 3.20% in July 2024, Ethereum recorded losses in eight of the nine months that followed.

It had the largest drops in October 2024 and March 2025 when its price dropped by 18.4% and 11.58% in each of these months. Even though periods such as the holiday season in December have often been months when ETH has performed excellently, it failed to repeat those performances in December 2024.

Instead, it dropped 10.1% that month.

Source: X (@CryptoRank_io)

As the second leading cryptocurrency starts a new month, some analysts have expressed belief that May 2025 could be the month ETH breaks its streak of ending the month at a loss. Those who believe the digital asset will end the month on a high point due to its overbought conditions on the charts, which usually happen before a price rally.

They also believe that upcoming developments in the Ethereum network and the cryptocurrency’s adoption trends will play an important role in the digital asset’s price direction. However, others argue that broader economic conditions, such as institutional investment flows and interest rate policies, could have a negative impact on the price of Ethereum and other cryptocurrencies.

Meanwhile, historical charts show that cryptocurrencies (including Ethereum) usually post mixed performances in this month. There are some years they will end the month of May on a high, while there have been months they will end it at a loss, known as May’s slump among some industry participants.