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Ethereum is a powerhouse in the crypto world — not just a currency, but a whole ecosystem for building decentralized applications, smart contracts, and digital assets. Here's a snapshot of what’s happening with ETH right now:

📈 Current Price & Market Status

- ETH is trading around $2,936.52 USD, with a market cap of approximately $354.48 billion

- Ethereum has gained over 10% in the past month and nearly 85% in the last 90 days, showing strong bullish momentum

🔥 Why It’s Surging

- A recent rally was sparked by Donald Trump’s call for aggressive interest rate cuts, which boosted investor confidence in risk assets like crypto

- Ethereum jumped nearly 5% to $2,746, its highest in a month, following Bitcoin’s surge past $112,000

🛠️ Network Upgrades & Institutional Interest

- The Pectra upgrade (live since May 2025) introduced major improvements like:

- Increased validator limits (from 32 to 2,048 ETH)

- Temporary smart contract functionality for wallets

- Enhanced Layer 2 support and faster validator activation

- Over 35 million ETH are staked, reducing supply and supporting a bullish outlook

- Spot ETH ETFs and whale accumulation (over $1B in ETH bought recently) are adding serious momentum

🧠 What Makes Ethereum Unique

- Ethereum isn’t just a coin — it’s a programmable blockchain that powers:

- Smart contracts and DeFi protocols

- NFTs and tokenized assets

- Decentralized apps (DApps) across finance, gaming, and more