$ETH - *Currently: Ethereum is trading at $1,774.31 with a 0.55% increase.
- *Market Cap*: Ethereum's market cap stands at $195.41 billion.
- *Recent Surge*: Ether's price is up 10% as tariff-induced fears wane, and it outperformed Bitcoin with a 15% surge.
Developments and Analysis
- *Pectra Upgrade*: Ethereum's Pectra upgrade is expected to impact validator balance and network performance.
- *Scaling Solutions*: Ethereum's future scaling relies on hardware acceleration to overcome bottlenecks.
- *Restaking Risks*: Restaking promises to supercharge Ethereum's ecosystem, but risks threaten to fracture the network.
Industry Insights
- *Institutional Interest*: Deutsche Boerse's Clearstream will offer crypto custody and settlement services for institutional clients, expanding its Bitcoin and Ether offerings in 2025.
- *Crypto ETPs*: Crypto exchange-traded products (ETPs) saw modest inflows of $6 million, showing signs of recovery.
- *SEC Regulatory Sandbox*: The SEC's crypto task force plans to establish a digital asset regulatory sandbox.