š Ethereum (ETH) Market Overview
Current Price: ~$1,831.71 USD
24h Change: +1.45%
24h Range: $1,805.56 ā $1,867.77
Market Cap: ~$221.15 billion
24h Trading Volume: ~$13.67 billion
Circulating Supply: ~120.73 million ETH
All-Time High: $4,891 (November 2021)
š° Recent Developments
ETF Inflows: Fidelity's Ethereum ETF recorded a daily inflow of $6.5 million on May 1, indicating growing institutional interest in ETH.
Whale Activity: A prominent Ethereum whale recently acquired 3,029.6 ETH (~$5.74 million) at $1,895, signaling confidence in ETH's short-term prospects.
Institutional Sentiment: While some firms like Two Prime have reduced their exposure to Ethereum, labeling it a "memecoin," others continue to invest, reflecting a divided institutional sentiment.
š® Price Forecasts
Short-Term (May 2025): Analysts predict Ethereum could break above the $2,000 mark in May, driven by strong fundamentals and the Pectra upgrade.
Mid-Term (Q2 2025): Forecasts suggest Ethereum may trade within the $2,500 to $2,700 range, supported by continued network upgrades and market momentum.
Long-Term (End of 2025): Projections vary, with some analysts estimating Ethereum could reach between $5,925 and $6,700 by the end of 2025, depending on factors like network upgrades, DeFi adoption, and broader market trends.
guys like and follow for more updates and
comment your thoughts.š