$ETH
🔥🔥 ETH keeps rising-when will it break $3000? ❓
Ethereum's price is on a roll! As of today, November 8, 2024, ETH is trading at $2,921.92, with a 2.92% increase in the last 24 hours ¹. This surge is part of a larger upward trend, with ETH rising 19.32% over the past 30 days and 27.66% over the past 60 days .
Current Market Stats:
- Market Cap: $351.86B
- 24-hour Trading Volume: $31.40B
- Circulating Supply: 120.42M
While it's difficult to predict exactly when ETH will break $3,000, analysts are optimistic about its potential. Ethereum's transition to Proof-of-Stake and its growing ecosystem of decentralized applications (dApps) and non-fungible tokens (NFTs) contribute to its increasing value .
Key Factors Driving Growth:
- _Increased Adoption_: Growing interest in dApps and NFTs
- _Improving Scalability_: Upgrades like the Pectra upgrade enhancing network performance
- _Ethereum 2.0 Roadmap_: Future upgrades promising improved scalability and security
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. For the latest updates and predictions, check out reputable sources like Binance and CoinCodex.
