- Ethereum’s Q2 performance for 2025 is currently sitting at a modest -1.54%
- It’s still early in the quarter, and there’s plenty of time for ETH to find its footing
Ethereum’s Q1 2025 didn’t exactly roll out the red carpet.
With -45.41% quarterly returns in Q1, Ethereum broke its two-year streak of conservative price action. As a result, FOMO-driven buyers from last year’s Q4 ‘Trump pump’ are probably still staring at unrealized losses.
However, if you were an investor who jumped in during the Q1 cycles of 2023 or 2024, you probably saw your position soar. Those early buyers likely watched their holdings double in value over just three months.
To break it down – If you had purchased 1 million ETH in Q1 of 2023 or 2024, you’d have made a profit of 1 million ETH during that quarterly surge.
But, now? Fast forward to this cycle, and you’d be closing the books with a net loss of about $454k.

Source: Coinglass
Historically, Q2 has been a stronger season for Ethereum – Except for 2024 and 2022, with the latter still haunted by the brutal post-FTX collapse cycle.
That being said, Ethereum’s Q2 2025 performance is not in full panic mode yet. In fact, at the time of writing, ETH’s quarterly returns were down a modest -1.54%.
Bottom line? This slight dip suggested that despite a rough Q1, the market could be gearing up for a recovery.
Ethereum in Q2 – Will patience pay off?
Back in 2018, 2019, and 2020, Ethereum made Q2 its personal playground, posting some of its biggest bounce-backs – Especially after rough Q1 performances.
2024 though? Different story. Sure, the 5.74% dip in Q2 seemed like a small paper cut, until you looked closer.
Because even with Ethereum finally scoring its first-ever spot ETF listing on Wall Street in July – a major milestone – you’d expect a rocket, right?
Instead, ETH kept sliding. Q3 didn’t bring relief either, with returns falling off a cliff by another 24.19%. So, what changed?
According to AMBCrypto’s analysis, the ETH/BTC pair crashed hard at the same time. And, guess what? That meltdown hasn’t bounced back, dragging the ratio to a painful five-year low.

Source: TradingView (ETH/BTC)
In conclusion, Ethereum’s dominance, which remained between 15% and 20%, has now slipped to 7.40%.
Unless ETH manages to claw back some market share from Bitcoin by breaking through those pesky resistance zones, a bullish Q2 would feel like a long shot.
However, mild returns could still pop up. Especially with capital likely flowing back in – Thanks to Trump’s 90-day tariff hold.
Double-digit returns though? That’d be a huge stretch right now.
- Ethereum’s Q2 performance for 2025 is currently sitting at a modest -1.54%
- It’s still early in the quarter, and there’s plenty of time for ETH to find its footing
Ethereum’s Q1 2025 didn’t exactly roll out the red carpet.
With -45.41% quarterly returns in Q1, Ethereum broke its two-year streak of conservative price action. As a result, FOMO-driven buyers from last year’s Q4 ‘Trump pump’ are probably still staring at unrealized losses.
However, if you were an investor who jumped in during the Q1 cycles of 2023 or 2024, you probably saw your position soar. Those early buyers likely watched their holdings double in value over just three months.
To break it down – If you had purchased 1 million ETH in Q1 of 2023 or 2024, you’d have made a profit of 1 million ETH during that quarterly surge.
But, now? Fast forward to this cycle, and you’d be closing the books with a net loss of about $454k.

Source: Coinglass
Historically, Q2 has been a stronger season for Ethereum – Except for 2024 and 2022, with the latter still haunted by the brutal post-FTX collapse cycle.
That being said, Ethereum’s Q2 2025 performance is not in full panic mode yet. In fact, at the time of writing, ETH’s quarterly returns were down a modest -1.54%.
Bottom line? This slight dip suggested that despite a rough Q1, the market could be gearing up for a recovery.
Ethereum in Q2 – Will patience pay off?
Back in 2018, 2019, and 2020, Ethereum made Q2 its personal playground, posting some of its biggest bounce-backs – Especially after rough Q1 performances.
2024 though? Different story. Sure, the 5.74% dip in Q2 seemed like a small paper cut, until you looked closer.
Because even with Ethereum finally scoring its first-ever spot ETF listing on Wall Street in July – a major milestone – you’d expect a rocket, right?
Instead, ETH kept sliding. Q3 didn’t bring relief either, with returns falling off a cliff by another 24.19%. So, what changed?
According to AMBCrypto’s analysis, the ETH/BTC pair crashed hard at the same time. And, guess what? That meltdown hasn’t bounced back, dragging the ratio to a painful five-year low.

Source: TradingView (ETH/BTC)
In conclusion, Ethereum’s dominance, which remained between 15% and 20%, has now slipped to 7.40%.
Unless ETH manages to claw back some market share from Bitcoin by breaking through those pesky resistance zones, a bullish Q2 would feel like a long shot.
However, mild returns could still pop up. Especially with capital likely flowing back in – Thanks to Trump’s 90-day tariff hold.
Double-digit returns though? That’d be a huge stretch right now.