$ETH

As of April 24, 2025, Ethereum (ETH) is trading at approximately $1,789.66, reflecting a modest 0.97% increase over the past 24 hours. The cryptocurrency reached an intraday high of $1,816.69 and a low of $1,764.97, indicating a relatively stable trading range. Ethereum's market capitalization stands at around $215.67 billion, with a 24-hour trading volume of $20.23 billion . The recent price movement is supported by a surge in derivatives trading volume, which has increased by 28.73% to $78.06 billion, with long positions dominating the market . Additionally, Ethereum's market dominance has rebounded to 7.5% after a recent dip, and large transaction volumes have jumped by nearly 400%, reaching 4.64 million ETH . Despite these positive indicators, Ethereum faces competition from other cryptocurrencies like Solana, which has posted stronger weekly gains. Analysts suggest that Ethereum's price could reach the $2,000 mark if current trends continue .