ETH Token Sees 2.51% Dip Amid High Trading Volumes and 'Giga Era' Roadmap Buzz

ETHUSDT has experienced a 2.51% decline over the past 24 hours, with the price currently at 2,532.79 USDT on Binance, down from a 24-hour open of 2,598.13 USDT. The recent price pullback follows a period of bullish momentum driven by strong institutional inflows, particularly into Ethereum spot ETFs, and the announcement of Ethereum’s "Giga Era" roadmap aimed at enhancing scalability and staking. Despite the positive sentiment from these developments, short-term profit-taking and technical resistance near 2,610.9 USDT have contributed to the latest downturn. Trading activity remains elevated, with 24-hour volumes surging to approximately $15.87–16.66 billion, reflecting robust participation from both retail and institutional investors. Ethereum remains the second-largest cryptocurrency by market capitalization, which stands at around $305.87 billion.