$ETH

Ethereum ($ETH) is exhibiting strong market performance, with its price currently at $2,586.61, reflecting a 3.56% increase from the previous close. The day's trading has seen a high of $2,631.38 and a low of $2,497.62.

Ethereum maintains its position as the second-largest cryptocurrency by market capitalization, trailing only Bitcoin. Recent analyses suggest that Ethereum is facing resistance around the $2,600 level, with trading volumes indicating potential consolidation in the short term.

Iconomi

On the network front, Ethereum's daily transaction count stands at approximately 1.334 million, marking a 15.6% increase compared to the same period last year. This uptick underscores the growing adoption and utilization of Ethereum's blockchain for various decentralized applications.

YCharts

Furthermore, Ethereum's role in the stablecoin market remains significant. In April 2025 alone, Ethereum-based stablecoin transactions reached $908 billion, with USD Coin (USDC) accounting for over $500 billion of this volume.

Startup News

These developments highlight Ethereum's robust ecosystem and its pivotal role in the broader cryptocurrency landscape

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