ETH Slides 4.7% Amid Market Volatility, But Active Addresses Surge and ETF Inflows Hit Record
Ethereum (ETH) is currently trading at $2,533.30 on Binance, down 4.72% over the past 24 hours with a 24-hour opening price of $2,658.80 and significant trading volume, maintaining its position as the second-largest cryptocurrency by market capitalization. The recent price decline is primarily attributed to broader market weakness following tariff threats from the US government, which negatively impacted overall risk sentiment across cryptocurrency markets. At the same time, Ethereum’s network activity remains robust, with a 12% increase in active addresses and continued institutional interest as evidenced by record ETF inflows, while the recent Pectra upgrade and ongoing discussions about scaling improvements underscore a positive long-term outlook despite current volatility.