$ETH Here's an update on Ethereum today ¹ ²:
- *Current Price*: Ethereum's current price is around $4,421.02 USD, with a 0.06% decrease in the last 24 hours. However, another source indicates the price might be $4,425.55 USD with a 0.10% decrease.
- *Market Capitalization*: Ethereum's market cap stands at approximately $573.02 billion to $534.19 billion, ranking it second among all cryptocurrencies.
- *24-hour Trading Volume*: The trading volume in the past 24 hours is around $28.93 billion.
- *Recent Developments*: Ethereum has seen significant institutional demand, with SharpLink holding $3.5 billion worth of ETH and institutional investors accumulating the asset. Ethereum's network activity has also hit a record 1.87 million daily transactions.
- *Price Predictions*: Analysts predict Ethereum could reach new highs, with potential price targets ranging from $7,000 to $15,000 by the end of 2025.
Some notable price metrics include ²:
- *All-time High*: $4,891.70 (November 16, 2021)
- *All-time Low*: $0.4209 (October 21, 2015)
- *Current Support and Resistance*: Ethereum is holding firmly above the $4,400 level, with potential resistance at $4,700 and support at $4,080.