Ethereum (ETH), with a current price of $2,531.11 and a modest uptick of +0.40%, remains strong as the second most important cryptocurrency in the world. But its history goes far beyond the price: it is the engine of the DeFi revolution, NFTs, DAOs, and Web3.
📊 Key Data:
Market capitalization: $304.4B
Market dominance: 9.2073%
Daily volume: $12.74B
Volume/Capitalization Ratio: 4.18%
Circulating supply: 120.72M ETH
Issue price (2015): $0.308
All-time high: $4,891.70 (11/16/2021)
All-time low: $0.42 (10/21/2015)
🔍 Deep Analysis:
✅ Robust capitalization:
With over $304 billion, Ethereum leads the smart contract ecosystem. This figure reflects not only the price of ETH but also the market's confidence in its infrastructure.
📈 Strong dominance, but with room:
The 9.2% dominance shows that Bitcoin continues to set the pace, but Ethereum maintains its hegemony as the foundational platform for decentralized development. Its role as an execution layer in L2 networks like Arbitrum and Optimism strengthens its technical dominance.
🔄 Controlled issuance, limited supply:
Although Ethereum does not have a predetermined maximum supply, the transition to Proof-of-Stake (PoS) and the burning of fees via EIP-1559 have transformed ETH into a potentially deflationary asset, breaking with the fiat paradigm.
🚀 Is a breakout approaching?
The volume of $12.74B in the last 24h is a sign of moderate institutional accumulation. If it breaks $2,600, the next levels to watch are $2,850 and then $3,200, according to technical analysis by Michael van de Poppe and Benjamin Cowen.
🧠 A very logical but interesting conclusion:
Ethereum is not just a currency; it is global infrastructure. Its technology, community, and pace of innovation position it as the strongest candidate to lead the new financial order based on blockchain.
“Ethereum is the operating system of the new digital economy.”
— Vitalik Buterin
