$ETH

As of January 23, 2025, Ethereum (ETH) is trading at approximately $3,218.67, reflecting a slight decrease from the previous day’s close. 

Recent developments indicate a growing institutional interest in Ethereum. Notably, Wall Street firms are expanding their services to include Ethereum, aiming to bridge the gap between traditional finance and the crypto market. 

Analysts project that Ethereum could reach $3,500 in the first quarter of 2025, driven by increased activity from large holders (“whales”) and strategic changes within the Ethereum Foundation. 

Additionally, the introduction of pro-crypto policies under the new U.S. administration is expected to positively impact Ethereum’s market dynamics. 

These factors collectively suggest a promising outlook for Ethereum in the near future.