Today, Ethereum (ETH) is showing a positive trend with a current price around 3853.93 USD, representing an increase of nearly 3% compared to the previous 24 hours. In the last month, ETH has experienced a significant rebound of 54%, consolidating itself as one of the main players in the Layer 1 blockchain category. Its market capitalization is approximately 465 billion dollars, remaining one of the most solid cryptocurrencies in the market, with a total supply close to 121 million ETH.
Moreover, Ethereum continues to benefit from the deflationary mechanism introduced by EIP-1559, which reduces the total supply through the burning of fees, adding long-term value pressure. In the current scenario, its price is around 18% below its all-time high, suggesting potential for future growth as important updates like the upcoming "Pectra" upgrade, which aims to improve user experience and scalability, are implemented.
This momentum and resistance in the market position Ethereum as an attractive option for investors and cryptocurrency enthusiasts looking for a digital asset with solid fundamentals and long-term vision.
