$ETH Based on the latest data, Ethereum (ETH) is trading around $2,500 - $2,700 USD. Some sources indicate it's currently at approximately $2,517.64 USD, showing a dip of around 8.78% in the last 24 hours. In Indian Rupees (INR), this translates to approximately ₹213,477 - ₹226,345.
Market Trends and Predictions for 2025:
Ethereum remains a highly significant cryptocurrency, forming the backbone of decentralized finance (DeFi), NFTs, and various Web3 applications. Several factors are influencing its price and are expected to continue doing so throughout 2025:
* Spot ETH ETF Approval: The approval of Ethereum Spot ETFs has been a major catalyst, attracting significant institutional inflows and increasing overall market confidence in ETH. Capital flows are already showing that ETH ETFs are outperforming Bitcoin ETFs in terms of inflows in some periods, suggesting a rotation of capital.
* Technological Advancements (Ethereum 2.0/Pectra Upgrade): The ongoing "Surge and Scourge" roadmap phase, focusing on scalability through sharding and reducing MEV centralization, is crucial. Upcoming upgrades like Verkle Trees and EIP-7002, slated for launch by the end of 2025, are expected to improve scalability and efficiency, making ETH even more appealing.
* Institutional Adoption: Growing investments from major financial institutions and hedge funds are strengthening confidence in Ethereum. The expansion of the Layer-2 ecosystem (e.g., zkSync, StarkNet) further enhances its utility and appeal