$ETH
The **ETH/USD** trading pair represents Ethereum's price against the US dollar and is a key indicator of the altcoin market. As the second-largest cryptocurrency, Ethereum's value is influenced by network upgrades (like Ethereum 2.0), DeFi adoption, NFT trends, and macroeconomic factors. Recent developments, such as ETF speculation and layer-2 scaling solutions, have boosted ETH's price momentum. In Saudi Arabia (SA), crypto traders actively track ETH/USD for both short-term trading and long-term investment, given Ethereum's role in smart contracts and Web3 innovation. Regulatory clarity and institutional interest will further shape ETH's performance, making it a crucial asset in the evolving crypto landscape.