$ETH Ethereum (ETH) is currently experiencing increased market attention amid broader crypto developments. As of mid-June 2025, ETH is trading above $3,500, showing resilience despite market volatility. Anticipation surrounding Ethereum ETFs, scaling upgrades, and growing institutional interest has helped sustain bullish momentum. The network’s transition to proof-of-stake continues to pay off by reducing energy consumption and enhancing scalability. Additionally, Ethereum remains the backbone for DeFi and NFTs, contributing to its strong utility value. However, regulatory scrutiny and gas fee concerns still pose risks. Investors are cautiously optimistic, awaiting further clarity on ETF approvals and upcoming ecosystem upgrades like Proto-Danksharding
