$ETH Here’s an up‑to‑date snapshot and outlook for Ethereum (ETH) — what’s happening now, what could come next, and what to watch out for:

✅ Current ETH Market Snapshot

ETH is trading around $3,130–$3,050 (or ~$3,045 as of recent data) with a market cap of roughly $367 billion.

This is well below its 2025 intraday high of about $4,954 (reached in August 2025), showing that the token remains volatile.

Daily trading volume remains substantial — indicating there is still active interest even amid price fluctuations.

📈 What’s Supporting ETH — Key Drivers

The recent network update Fusaka upgrade has improved scalability and reduced transaction fees, which strengthens the fundamentals of the ETH ecosystem.

Some analysts and market commentators believe there’s upside potential, with medium‑term forecasts targeting $4,300–$4,800 if bullish catalysts align.

Institutional interest and inflows appear to be underpinning demand; supply on exchanges has tightened compared to earlier periods, suggesting accumulation and potential upward pressure.

⚠️ What Could Go Wrong (Risks & Volatility Factors)

ETH — like much of crypto — is still highly volatile. Even after earlier rallies, the price remains dramatically lower than its peak, which shows how quickly sentiment can shift.