$ETH Here's what's happening with Ethereum today:
*Current Price:* Ethereum's current price is $2,547.03, with a 7.45% decrease in value over the last 24 hours.
*Market Cap:* The market capitalization of Ethereum is $323.28 billion.
*Recent Developments:*
- *Ethereum ETFs:* Ethereum exchange-traded funds have seen significant inflows, outperforming Bitcoin ETFs with $240.29 million in daily net inflows.
- *Staked Ethereum:* The total amount of ETH locked on the Beacon Chain has reached an all-time high of 34.65 million.
- *Vitalik Buterin's Proposals:* Ethereum co-founder Vitalik Buterin has proposed simplifying the Ethereum protocol and making it easier for users to run nodes.
- *Pectra Upgrade:* The upcoming Pectra upgrade is expected to improve transaction efficiency, reduce gas fees, and enhance network security ¹ ² ³.
*Roadmap Updates:*
- *Danksharding:* Ethereum's roadmap features danksharding, a method to make transactions cheaper and faster by integrating 'blobs' of data into Ethereum blocks.
- *Single-Slot Finality:* Ethereum is working on single-slot finality (SSF) to make block validation more efficient, reducing the time it takes to finalize a block.
- *Verkle Trees:* Verkle trees are being implemented to improve data storage and retrieval efficiency, making the network more scalable ⁴ ⁵.