Today's Ethereum Market Overview (November 21, 2024)

The price of Ethereum (ETH) is around $3,124 per coin, showing mild fluctuations over the past 24 hours as the crypto market remains relatively stable. While the daily trading sentiment on social platforms is neutral, there is optimism surrounding Ethereum's role in decentralized applications (DApps) and smart contracts​​​​​​.

Ethereum continues to be a key player in blockchain innovation, especially with its ongoing updates like the Pectra upgrade, which focuses on improving user experience and validator efficiency. Its transition to a Proof-of-Stake model has significantly reduced energy consumption, making it more appealing to institutional investors​​​​.