🪙 Ethereum (ETH) Price Update: November 19, 2024
Ethereum is currently trading at $3,105.32, showing a 1.1% increase in the past 24 hours but a 5.79% decline over the past week. Over the last month, ETH has risen by over 17%, supported by ecosystem developments and growing institutional interest 🥔
⚔️ The upcoming “Dencun” upgrade, including Proto-Danksharding (EIP-4844), aims to enhance scalability and reduce transaction costs. Meanwhile, the launch of spot Ethereum ETFs has boosted access for traditional investors, driving long-term demand .
☺️ Short-term projections place Ethereum’s price between $3,150 and $3,250, though market volatility remains a key factor . 9 replies
1 recast
11 reactions
0 reply
0 recast
0 reaction
