Ethereum's current price is around $2,357.04, with a 19.5% increase in value. Here's a brief market overview ¹:
- *Market Capitalization*: $284.33 billion
- *24-hour Trading Volume*: $54.54 billion
- *Circulating Supply*: 120.73 million ETH
- *All-Time High*: $4,878.26 (November 10, 2021)
- *All-Time Low*: $0.4330 (October 20, 2015)
Some analysts predict Ethereum's price could surge further, with potential targets including ²:
- *$10,000*: Based on bullish trends and the Pectra upgrade
- *$786*: Predicted by some analysts as a potential short-term target
The Pectra upgrade has enhanced Ethereum's appeal to institutional investors by improving operational clarity and reducing complexity. Ethereum leads in traditional finance use cases like tokenization and stablecoins, with its security and stability being key reasons for institutional preference ².