$ETH currently traded at $2,613.91, with an increase of 0.03% compared to the previous day. The price fluctuated between an intraday low of $2,496.89 and a high of $2,613.91.
Market factors:
Ethereum ETFs: Despite the approval of spot ETFs on Ethereum, institutional interest remains lower compared to that for Bitcoin.
Pectra Update: Ethereum recently activated the "Pectra" update, which aims to simplify staking and improve the overall efficiency of the network.
Price predictions: Some analysts predict that Ethereum could reach $5,000 by the end of 2025, supported by the adoption of artificial intelligence and the growth of Layer-2 solutions.
Ethereum continues to show signs of growth, but investors should closely monitor regulatory and technological developments that could impact its future performance.