$ETH Ethereum is the largest smart-contract blockchain and the backbone of DeFi, NFTs, and many Web3 applications. Its transition to Proof of Stake has significantly reduced energy usage and introduced staking, which helps lower circulating supply and supports long-term price stability.

Technically, ETH often follows Bitcoin’s overall market trend but tends to outperform during strong bull phases due to high network activity. Key drivers for price include network upgrades, layer-2 adoption (like Arbitrum and Optimism), institutional interest, and total value locked (TVL) in DeFi.

On the risk side, Ethereum faces competition from faster and cheaper blockchains (Solana, Avalanche, etc.), and high gas fees during congestion can still impact user adoption.

Overall: ETH is considered a strong long-term asset in crypto due to its dominant ecosystem, continuous development, and growing institutional use, though it remains volatile like all cryptocurrencies.

ETH
ETHUSDT
2,886.4
-2.60%

#MarketRebound #BTC100kNext? #WriteToEarnUpgrade #ETHETFsApproved #eth