#Ethereum News update $ETH

*Ethereum Updates and News*

*Market Performance*

- *Current Price*: Ethereum is trading at $1,833.96, representing a 1.2% increase in the last 24 hours and a 3.8% rise in the past 7 days.

- *Market Cap*: Ethereum's market capitalization stands at $221.43 billion, with a circulating supply of 120 million ETH tokens.

- *Trading Volume*: The 24-hour trading volume of Ethereum is $14.08 billion, indicating a 1.6% increase from one day ago ¹.

*Recent Developments*

- *Pectra Upgrade*: Ethereum developers are working on the Pectra upgrade, expected to launch between late 2024 and Q1 2025, which aims to enhance scalability, security, and stability.

- *ERC-7930 and ERC-7828*: Ethereum devs propose new standards to unify cross-chain address formats and improve multichain user experience.

- *Vitalik Buterin's 2025 Priorities*: Vitalik outlined his priorities for Ethereum development in 2025, including single-slot finality, statelessness, enhanced privacy, and decentralized infrastructure ².

*Partnerships and Adoption*

- *FIFA's EVM-Compatible Blockchain*: FIFA is launching a new EVM-compatible blockchain to host its NFT collections and fan experiences.

*Security Concerns*

- *Crypto Hackers*: Crypto hackers have surpassed the $1.49 billion stolen during 2024, according to Immunefi's latest research ².