As of today, October 16, 2024, Ethereum (ETH) is trading around $2,603 USD. The price has fluctuated slightly, but overall, it's showing a modest decrease of about 1% over the past 24 hours. However, it has gained roughly 6.5% over the last seven days.
Ethereum continues to play a major role in decentralized finance (DeFi), smart contracts, and NFTs, while undergoing key network upgrades to improve scalability and transaction efficiency.