šŸ“Š Ethereum (ETH) Market Overview

Current Price: ~$1,832.39 USD

24h Change: +0.93%

24h Range: $1,815.72 – $1,847.56 USD

Market Cap: ~$225.52 billion USD

24h Trading Volume: ~$18.7 billion USD

Circulating Supply: ~120.73 million ETH

All-Time High: $4,891.70 USD (November 2021)

šŸ“° Recent Developments

Staking Activity: As of May 2, 2025, over 28 million ETH are staked, representing approximately 23% of the total supply, indicating strong network participation.

Whale Movements: Significant ETH transfers have been observed, including a whale depositing 2,680 ETH to Kraken on May 2, 2025, suggesting potential selling pressure.

Trading Volume Surge: On May 3, 2025, Ethereum's 24-hour trading volume spiked to $18.7 billion, with notable activity during the Asian trading session, driven by ETH/USDT pairs on major exchanges.

šŸ”® Price Forecasts

Short-Term (May 2025): Analysts predict an average price of $2,140.91, with potential highs reaching $2,695.83 and lows around $1,585.98, driven by historical trends and network improvements.

Mid-Term (Q2 2025): Projections suggest ETH may trade between $1,811.63 and $2,385.07, depending on market conditions and adoption rates.

Long-Term (End of 2025): Forecasts estimate ETH could reach up to $2,695.83, reflecting long-term growth prospects tied to the project's development and market expansion.

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