$ETH Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, serving as a decentralized platform for numerous applications. Its strength lies in its smart contract functionality, enabling developers to build decentralized applications (dApps) across various sectors like DeFi and NFTs.
Currently trading around $1,772, ETH has shown a slight increase in the past 24 hours but faces resistance around the $1,820 mark. While some analysts predict a potential rise to $6,700 or even higher by the end of 2025, others foresee a possibility of a drop to $2,500, highlighting its inherent volatility.
Ethereum's future hinges on its ability to scale effectively. Ongoing efforts like layer-2 solutions (rollups, sidechains) and the eventual implementation of sharding aim to reduce gas fees and increase transaction throughput. The success of these upgrades, along with regulatory developments and wider adoption, will significantly influence ETH's trajectory.