$ETH

Ethereum (ETH) remains the second most important cryptocurrency in the market by capitalization. Currently, its price hovers around 3,300 USD, having shown a recovery following recent drops linked to overall market volatility. Factors such as increased institutional interest, expectations regarding the evolution of the Ethereum ecosystem (especially around scalability and the development of new L2 solutions like EigenLayer and Blast), as well as the tracking of spot ETFs under review by regulatory bodies, are influencing its value.

Market sentiment towards ETH is moderately optimistic. The network continues to stand out for its use in smart contracts, DeFi, and NFTs, which reinforces its real utility. Furthermore, future technical upgrades are expected to continue reducing gas fees and improving network efficiency.

However, there are also challenges, such as the growing competition from other blockchains like Solana, Avalanche, or Base, as well as macroeconomic uncertainties affecting the entire crypto ecosystem. Any progress on regulatory issues, especially in the U.S., could also positively or negatively impact its price.