$ETH | ETH Gains Strength on Utility and Market Rebound

Ethereum (ETH) is showing renewed strength, trading above $1,790 as of April 23, 2025, amid a broader market rebound. While Bitcoin leads the charge, ETH is gaining traction on its own merit—fueled by real-world utility in DeFi, NFTs, and smart contracts. Institutional interest is climbing, with ETH-linked ETFs gaining momentum and on-chain activity on the rise. Upcoming scaling upgrades and reduced gas fees continue to boost long-term confidence. With resistance at $1,850 in sight, ETH is not just following BTC—it’s asserting its role as the backbone of Web3 and a key player in the next crypto wave.