$ETH Ethereum (ETH) is currently trading at $3,586.49, with a 7% increase in the last 24 hours ¹. The market cap is around $430.75 billion, with a circulating supply of 120.44 million ETH ¹.

As for the overall sentiment, it's essential to consider the recent upgrades and developments in the Ethereum network. The London hard fork, implemented in August 2021, introduced the EIP-1559 upgrade, which has helped reduce transaction fees and improve the overall efficiency of the network ¹.

Additionally, the Ethereum 2.0 upgrade, which transitioned the network to a proof-of-stake consensus algorithm, has been completed. The Merge, as it's called, aims to improve the network's scalability, security, and sustainability ¹.

While there's optimism surrounding Ethereum's future, it's crucial to keep in mind that the cryptocurrency market can be highly volatile. As with any investment, it's essential to do your own research and consider your risk tolerance before making any decisions.