$ETH
$ Ethereum is the second-largest cryptocurrency by market capitalization and a leading smart contract platform powering DeFi, NFTs, tokenization, and Web3 applications. It transitioned to proof-of-stake (PoS) with The Merge, dramatically reducing energy use and issuing mechanics, and supports staking rewards and fee burning that can make supply deflationary under certain conditions.
Analyst forecasts vary widely due to volatility: short-term technical targets often sit in the mid-range ($2,800–$4,000), while long-term scenarios range from moderate growth to potential multi-year breakout above $10,000+ in optimistic cases.
ETH has experienced high volatility alongside broader crypto sell-offs, with recent price declines tied to risk-off sentiment in markets.
Short-term sentiment remains fragile, but whales and staking levels have shown accumulation interest.