$ETH Ethereum (ETH) has seen significant developments recently. According to Cointelegraph data, Ethereum’s fee revenue in 2024 increased by 3%, reaching $2.48 billion, compared to $2.41 billion in the previous year.

In addition, PayPal announced the integration of its US dollar-pegged stablecoin (PYUSD) with the LayerZero multi-chain bridge protocol, enabling PYUSD transfers between the Ethereum and Solana networks.

Notably, BlackRock’s Ethereum ETF recorded $60.3 million inflows, as Ethereum’s price surged to its biggest weekly gain since May 2024.

On the market front, Ethereum is currently trading at $3,218.67, down -0.02713% from its previous close.

These developments reflect the ongoing dynamism in the Ethereum market, with growing institutional interest and technical integrations enhancing its diverse uses.