Current price:
~$2,510, up about 1.4-2.5% over the past week, though still down roughly 49% from its all-time high of $4,946-4,953.73 (August 24, 2025). Market cap sits around $305-307 billion, holding the #2 spot, with roughly 120-122 million ETH in circulation (no fixed supply cap).
Recent trend:
ETH continues to outperform the broader market â up ~2.5% over the past week while the overall crypto market fell ~1.5% over the same period, and it's also holding up better than Bitcoin, which has been the relative laggard lately. Trading volume has surged sharply (up ~49% day-over-day on some exchanges), and buyer sentiment remains strong, with 84% of Coinbase users net buyers of ETH over the past 24 hours.
Key drivers:
Institutional ETF appeal â Ethereum ETFs continue drawing strong institutional interest, a differentiator versus Bitcoin's recent outflow struggles
Relative strength â ETH's consistent outperformance versus both BTC and the broader market this month suggests capital rotation toward Ethereum
High buyer participation â the elevated share of net buyers on major exchanges signals accumulation rather than distribution at current levels
Protocol roadmap â the "Glamsterdam" upgrade path continues to progress, with a key testnet milestone targeted for October 6
Volume surge â the sharp increase in trading activity suggests growing conviction, not just quiet drift
Bottom line:
Ethereum's steady climb near $2,500, paired with rising volume and strong buyer sentiment, continues to position it as the stronger relative performer against Bitcoin's recent struggles â a divergence pattern that's held for several weeks now.
#Ethereum #StrategyMarketCapPassesFord #ClarityActOddsHalveOnPolymarket #BitcoinSlidesTo$76000