$ETH Here's the latest update and analysis on Ethereum:
*Current Price and Market Performance*
- Ethereum's current price is $2,933.92, with a market capitalization of $359.85 billion.
- The cryptocurrency has seen a -2.05% decrease in the last 24 hours, with an open price of $2,995.31 and a high price of $2,996.50.¹
*Recent Developments*
- *SharpLink Acquisition*: SharpLink Gaming acquired 10,000 ETH directly from the Ethereum Foundation and now holds a significant amount of Ethereum, solidifying its position as a major player.
- *Ethereum ETFs*: Ethereum ETFs have seen significant inflows, with over $383 million in ETF inflows and $112 million in institutional investments.
- *zkEVM Integration*: The Ethereum Foundation plans to launch a zkEVM on the layer-1 network within a year to enhance scalability and privacy.² ³ ⁴
*Expert Forecasts and Predictions*
- *Price Prediction*: Analysts predict Ethereum could reach $4,000, with some forecasts suggesting a potential surge to $6,500 in 2025.
- *Institutional Interest*: Growing institutional interest and investment in Ethereum are expected to drive the cryptocurrency's growth.⁵
*Key Statistics*
- *Market Capitalization*: $359.85 billion
- *Current Price*: $2,933.92
- *Open Price*: $2,995.31
- *High Price*: $2,996.50
- *Low Price*: $2,903.85
- *Previous Close Price*: $2,995.31
- *Percent Change*: -2.05%
