$ETH Here's the latest information about **Ethereum (ETH)** as of June 2024:
### **1. Current Price (Approx.)**
- **Price**: ~$3,500 - $3,800 (varies by exchange)
- **Market Cap**: ~$420B - $450B (2nd largest cryptocurrency after Bitcoin)
- **24h Trading Volume**: ~$15B - $20B
### **2. Recent Developments**
- **Ethereum ETF Approvals**: The U.S. SEC has approved spot Ethereum ETFs, but trading has not yet started (awaiting final S-1 approvals).
- **Ethereum 2.0 (Post-Merge)**: The network transitioned to **Proof-of-Stake (PoS)** in 2022, reducing energy consumption by ~99%.
- **Layer 2 Scaling**: Solutions like **Arbitrum, Optimism, and Base** are boosting transaction speed and reducing fees.
- **Dencun Upgrade (March 2024)**: Introduced **proto-danksharding (EIP-4844)**, significantly lowering L2 transaction costs.
### **3. Key Metrics**
- **Total Supply**: ~120M ETH (with a deflationary trend due to EIP-1559 burning)
- **Staked ETH**: ~30% of supply (~36M ETH) locked in staking contracts.
- **Gas Fees**: Typically **$2 - $10** for standard transactions (much cheaper on L2s).
### **4. Future Upgrades**
- **Pectra Upgrade (Late 2024/Early 2025)**: Expected to improve wallet security (EIP-3074) and validator efficiency.
- **Full Danksharding**: Further scalability improvements in the coming years.
### **5. Where to Trade ETH?**
- **Exchanges**: Binance, Coinbase, Kraken, Bybit, OKX.
- **DeFi Platforms**: Uniswap, Aave, Curve (for yield farming/staking).
Would you like a deeper analysis on any specific aspect (price prediction, staking, DeFi, etc.)?