#ETHMarketWatch

As of May 23, 2025, Ethereum (ETH) is trading at approximately $2,664.47 USD, with a 24-hour trading volume of around $25.28 billion USD. The price has risen by about 5.80% in the past 24 hours and 5.20% over the last week, though it’s down 29.75% year-over-year. Ethereum’s market capitalization stands at roughly $319.54 billion, maintaining its position as the second-largest cryptocurrency by market cap. The circulating supply is approximately 120.73 million ETH.

Recent posts on X highlight mixed sentiment: some note Ethereum’s rally driven by stablecoin and tokenization adoption, Layer 2 institutionalization, and unwinding of short positions, while others express concerns about Ethereum’s scalability compared to alternatives like Solana or its value as a store of value versus Bitcoin. On-chain data suggests increased activity from crypto natives, with outflows from ETFs not deterring buying interest.

Ethereum’s price volatility remains high, with a 4.19% daily volatility estimate. Its all-time high was $4,868.80 on November 10, 2021, and it’s currently 45.40% below that peak. Technical analysis indicates a buy signal, supported by a recent “Golden Cross” on the 12-hour chart, though some analysts anticipate a potential pullback to $1,800 as a key support level.

For real-time tracking, platforms like TradingView, CoinMarketCap, and Coinbase offer live charts and market data. To buy ETH, reputable exchanges like Binance, Coinbase, or Kraken are recommended. Always conduct thorough research due to crypto’s inherent volatility.