$ETH Ethereum's current price is $4,282, with a 0.24% increase over the last 24 hours. The market capitalization stands at $4.039 trillion. Here are some key updates ¹:
- *Current Price*: $4,282
- *Market Cap*: $4.039 trillion
- *24-hour Trading Volume*: Not specified
- *Recent Development*: Ethereum is undergoing a correction after weeks of strong momentum, with institutional adoption quietly reshaping the market's long-term dynamics
- *Upcoming Upgrades*:
- *Pectra Upgrade*: Enhance EOA wallets with smart contract functionality, increase max effective balance
- *Fusaka Upgrade*: Enable more efficient data availability for rollups, expose consensus layer information to smart contracts
- *Danksharding*: Make L2 rollups cheaper for users by adding "blobs" of data to Ethereum blocks
Some analysts predict Ethereum could reach $10,000 this cycle, while others note potential risks and uncertainties in the market. Institutional investors have shown interest in Ethereum, with DBS Bank launching tokenized structured notes on the Ethereum blockchain ² ¹ ³.$ETH