$ETH

As of February 21, 2025, Ethereum (ETH) is trading at approximately $2,749.74.

Over the past week, ETH has experienced a 3.92% increase, though it has seen a 21.05% decrease over the past month and a 4.67% decrease over the past year.

In the long term, Ethereum offers several benefits:

Decentralized Finance (DeFi) Dominance: Ethereum remains the largest blockchain for DeFi applications, with $65.2 billion in total value locked, indicating its central role in decentralized finance.

Scalability Upgrades: Ongoing advancements, such as the upcoming Pectra upgrade in 2025, aim to streamline transactions and enhance security, potentially increasing Ethereum's utility and adoption.

Institutional Adoption: The approval of spot Ether ETFs provides regulated avenues for investors to gain exposure to Ethereum, potentially boosting its demand and integration into traditional financial systems.

Price predictions for ETH vary among analysts. Some forecasts suggest that Ethereum could reach approximately $5,000 in early 2025, with potential growth to $14,000 by March 2025. Another analysis anticipates a rise to $3,770 by December 2025. However, these projections are speculative and depend on various market factors.

In summary, while Ethereum faces competition and market volatility, its foundational role in DeFi, continuous technological upgrades, and increasing institutional interest position it as a significant player in the cryptocurrency landscape.