$ETH

Ethereum is sitting at around **$1,776**, showing modest daily gains. Here’s a quick breakdown of what’s going on:

### **Current Market Snapshot:**

- **Price**: ~$1,776

- **24H Range**: $1,730 – $1,782

- **Market Cap**: ~$227.6 billion

- **Volume (24H)**: ~$9.8 billion

### **What’s Driving the Price?**

- **Institutional Moves**: BlackRock recently moved a massive chunk of ETH (~$43M) to Coinbase, signaling bullish institutional interest.

- **Vitalik's RISC-V Proposal**: Ethereum’s co-founder proposed upgrading Ethereum with RISC-V architecture, which could boost scalability and long-term performance.

- **Network Activity Spike**: There’s been a 10% surge in active Ethereum addresses in just two days — that’s a strong sign of growing user demand and adoption.

### **Technical Outlook:**

- **Resistance**: $1,800 is the next key level to break.

- **Support**: Holding strong around $1,700 and $1,650.