$ETH Ethereum's current price is $2,349.47 with a 10.80% increase in the last 24 hours. Here's a breakdown of its current stats:

- *Current Price*: $2,349.47

- *Market Capitalization*: $282.73 billion

- *24-hour Trading Volume*: $50.24 billion

- *Circulating Supply*: 120.73 million ETH

- *Maximum Supply*: Unlimited

Some analysts predict Ethereum's price could continue to rise, with potential targets including¹:

- *Short-term*: $2,500

- *Mid-term*: $7,290.50 (potential bull market top)

- *Long-term*: 10x growth in the next few years, potentially reaching $6,000 or $11,452

Key factors influencing Ethereum's price include:

- *Institutional Investment*: Growing interest from large financial institutions

- *Deflationary Supply*: ETH's supply dynamics post-EIP-1559 upgrade

- *Layer 2 Ecosystem*: Scaling solutions like Arbitrum and Optimism driving adoption

- *Staking and Yield*: Ethereum's staking mechanism offering real yield

- *Web3 Dominance*: Ethereum's leading position in decentralized applications and smart contracts