$ETH

As of June 3, 2025, Ethereum (ETH) is trading at approximately $2,600 USD, reflecting a 4–5% increase over the past 24 hours. This upward movement is part of a broader bullish trend observed in recent days.

Market Overview:

Price Range: ETH has fluctuated between $2,482 and $2,645 in the last 24 hours.

Market Capitalization: Approximately $316 billion.

Trading Volume: Around $18.9 billion in the past 24 hours.

Recent Developments:

Staking Boost: Ethereum has led crypto product flows following a staking boost from the SEC, indicating increased institutional interest .

Institutional Investment: BTCS Inc., a U.S.-based blockchain firm, has increased its Ethereum holdings by acquiring 1,000 ETH worth $2.63 million .

Price Predictions:

Short-Term Outlook: Analysts suggest that Ethereum could rally above $3,000 in the near term, with some predicting a breakout to $3,200 .

Long-Term Forecast: Some experts anticipate a parabolic run, with ETH potentially reaching $8,000 to $10,000 by July 2026 .

Overall, Ethereum's recent price surge is supported by increased staking activities, institutional investments, and positive market sentiment. However, as with all cryptocurrencies, prices remain volatile, and investors should exercise caution.