Ethereum (ETH) is currently trading at $3,029.08, with a market cap of $350.05 billion. The coin has seen a 4.22% increase in the last 24 hours, with analysts predicting a potential surge to $10,000 by the end of 2026 if it maintains its role as a dominant smart contract settlement layer and sees continued network usage growth ¹ ².

ETH
ETHUSDT
2,055.73
+5.50%

Some key developments driving Ethereum's price include:

Institutional Accumulation*: Growing interest from institutional investors is expected to drive Ethereum's price up.

On-Chain Activity: Record levels of on-chain activity, including active daily addresses and stablecoin volume, are contributing to the bullish trend.

Technical Analysis: Ethereum is trading near a critical weekly support level, with potential for a rebound toward $3,050-$3,350 if support holds

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