$ETH is trading at around $3,630.56 - $3,712.12, with a 6.11% - 3.80% decrease over the last 24 hours.
- *Market Cap*: The market capitalization stands at $451.81 billion - $443.13 billion, making it the second-largest cryptocurrency.
- *Trading Volume*: The 24-hour trading volume is around $34.68 billion - $35.56 billion.
- *Recent Performance*: $ETH has experienced a slight pullback after a period of upward momentum, influenced by macroeconomic factors, technological developments, and market sentiment.
- *Institutional Investment*: Strong institutional interest and ETF inflows have positively impacted Ethereum's market dynamics, with net inflows totaling $1.28 billion in July 2025.
- *Technological Upgrades*: Ethereum's continuous development, including the Pectra upgrade and Proto-Danksharding, aims to enhance scalability, security, and decentralization.
- *Regulatory Developments*: The US SEC's approval of Ethereum Spot ETFs has provided a regulated avenue for institutional investors to gain exposure to ETH, bolstering market confidence.
- *Price Prediction*: Analysts forecast potential short-term targets of $4,000 and long-term targets of $9,000 to $10,000, citing strong buying pressure and institutional interest.
Keep in mind that cryptocurrency markets are highly volatile.
