Ethereum slipped by nearly 1.75% today but still trades steadily around the $4,330 level.
The 24-hour trading volume rose above $35 billion, showing heavy participation from trade
rs.
Ethereum’s total market capitalization remains strong at about $522 billion globally.
Selling pressure mainly came from profit booking as ETH cooled after a multi-day rall
y.
Despite the dip, Ethereum continues to dominate DeFi, holding leadership in smart contr
acts.
Developers remain actively engaged, pushing upgrades and scaling solutions on the network.
ETH continues to rank as the second-largest cryptocurrency after Bitcoin in market dominan
ce.
The $4,250 zone is being closely tracked as the immediate support level for bulls.
Analysts believe ETH could bounce back quickly if it holds above its current tradi
ng range.
Investors remain confident in Ethereum’s long-term adoption across industries and finance.