Ethereum usage is at record highs yet ETH nears its longest monthly losing streak since 2018

Ethereum is approaching a milestone that few investors would welcome: its longest run of consecutive monthly losses since the 2018 crypto winter. Since September 2025, ETH has posted six straight monthly declines, a stretch that has cut its price by roughly 60% from its August 2025 record high of $4,953 to below $2,000. A losing streak of this length is uncommon for a network that is simultaneously posting record tra…