๐ $ETH : At the Heart of Web3โs Engine ๐
Price: ~$4,590 USD
Market Cap: ~$555-$560 billion
Circulating Supply: โ 120.70 million ETH CoinMarketCap+4MetaMask+4Blockworks+4
๐ Whatโs Pushing ETH Now
ETH recently broke past its old 2021 all-time high (~$4,945), driven by institutional interest and bullish sentiment. Axios
Trading volume remains strong, showing healthy market participation. CoinGecko+2KuCoin+2
Staking demand is steady, adding to ETHโs utility and reinforcing its role beyond just speculation.
โ Key Levels & Things to Watch
Resistance near the all-time high (~$4,900-$5,000): to break above and hold.
Support zones around $4,400-$4,500: price dips here could attract buyers.
Regulatory and macro trends remain risk factors: institutional flows, policy shifts could swing things.
๐ฅ Why It Still Matters
ETH isnโt just another token โ it powers nearly all major DeFi, NFTs, and smart contract activity. As L1 scaling, gas fees, and layer-2 adoption continue growing, so does ETHโs relevance. Itโs in a strong position if it holds current momentum.
๐ฌ Whatโs your move? Holding ETH? Accumulating at support? Watching for breakout past ATH? Leave your take.