$ETH Ethereum is popping off today! As of April 23, 2025, ETH is trading around $1,795—up over 10% in just the last 24 hours. Big reason? A drop in short positions on the CME (Chicago Mercantile Exchange), which usually means traders are feeling more bullish. On top of that, trading volume has shot past $26 billion, showing there’s a ton of action around ETH right now. With about 120.7 million ETH in circulation, it’s still holding strong as the #2 crypto by market cap. If this momentum keeps up, we could see even bigger moves soon. Whether you're already in or thinking about jumping on, Ethereum’s definitely one to keep an eye on today.