The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit. In a statement, Coinbase says the deal costs approximately $2.9 billion, which includes $700 million in cash and 11 million shares of its Class A common stock subject to purchase price adjustments. “This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives… It’s foundational to our vision of creating the most comprehensive, compliant, and user-friendly derivatives platform globally.” Deribit is the world’s leading crypto options exchange, with approximately $30 billion in current open interest. Last year, the platform also facilitated over $1 trillion in trading volume across key markets, excluding the US. Coinbase says acquiring Deribit will make it the world’s leader in crypto derivatives by open interest and options volume, as well as enable it to accelerate its international growth strategy. “Outside the US, our International Exchange offers spot and perpetual futures products. With Deribit, we will expand our international footprint even further, providing institutional and advanced traders access to robust options markets.” Reports that the two firms are in the advanced stages of acquisition talks emerged in March. Coinbase says the transaction is still subject to regulatory approvals and customary closing conditions, but is expected to be completed by the end of the year. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit appeared first on The Daily Hodl .
Sentiment on Wall Street was mixed ahead of the Trump administration’s meeting with China, but bitcoin has continued to surge, for now. BTC Rises as Stock Markets Wobble Traditional markets rallied on Thursday after U.S. President Donald Trump announced a trade deal with the United Kingdom. The agreement will reduce tariffs and spur trade between
Moondeng has surged over 200% in recent days, bouncing cleanly off a critical support zone. Now, with momentum building and a massive resistance level in sight, traders are watching closely for what comes next. Moondeng’s ( MOODENG ) explosive rise began after it found solid footing at $0.03, aligning with key technical indicators. As momentum increases, the next test lies at the $0.20 resistance, where bulls will need significant strength to break through. Moondeng has caught the attention of traders and speculators alike after a remarkable 200% price rally. The move began from a clean bounce at $0.03, a level supported by strong technical confluence, including a long-term point of control and the value area low. Now, with the price heading toward a technically dense resistance zone, the market is preparing for potential consolidation or a breakout that could carry prices even higher. Key technical points Strong Support at $0.03: Confluence of value area low and long-term POC created a strong base for the bullish reversal. Next Resistance at $0.20: Aligned with the 0.618 Fibonacci level, bearish order block, and VWAP from all-time high. Momentum Still Rising: Volume profile indicates a climatic breakout, but a healthy consolidation may be imminent. MoodengUSDT (1D) Chart, Source: TradingView Technical analysis and market behavior The initial bounce from $0.03 was no coincidence, this level coincided with the point of control pulled from Moondeng’s all-time high, as well as the value area low. These overlapping indicators created a high-probability zone for demand to step in, and it did, leading to the rapid 200% spike. Currently, Moondeng trades in a zone of heightened attention. The $0.20 region represents a major resistance, combining several technical tools: the 0.618 Fibonacci retracement from the all-time high, a key bearish order block, and VWAP resistance from the same high. This cluster of resistance is not only a technical challenge for bulls but also a make-or-break area that could dictate the medium-term trend. You might also like: Bitcoin and Ethereum on alert as $3b worth of options expire on Friday Despite the strength of the move, traders should watch for potential consolidation. The volume profile shows a climatic spike, a signal that often precedes sideways action. A higher low forming during this phase would be constructive, preserving the bullish market structure and setting the stage for a breakout above $0.20. What to expect in the coming price action If Moondeng manages to hold its recent gains and establish a higher low, the bullish trend could continue toward the $0.20 resistance, and beyond. A successful breakout from this level would likely open the door to $0.31, marking the next major technical target. Traders should monitor consolidation zones and volume shifts closely, as these will guide the next significant move. Read more: Coinbase to launch 24/7 Bitcoin and Ethereum futures trading in U.S.
A group of Democratic U.S. senators is calling for a federal investigation into Binance’s connections with the Trump family’s cryptocurrency venture, World Liberty Financial. This investigation request following a $2 billion investment that raised compliance concerns, according to Bloomberg reporting. In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, Senators Elizabeth Warren, Chris Van Hollen, Sheldon Whitehouse, and Richard Blumenthal requested a review of the transaction, Binance’s U.S. exit plans, and whether a pardon for former CEO Changpeng Zhao is under consideration. The letter follows revelations that Abu Dhabi-based firm MXG used USD1—a stablecoin issued by World Liberty Financial, a company tied to the Trump family—to invest in Binance . The transaction, made public on May 1, has sparked fears of regulatory conflicts and potential political influence. World Liberty co-founder Zach Witkoff confirmed that USD1 was selected to close the investment during a panel appearance with Eric Trump at the Token2049 conference in Dubai. You might also like: Abraxas Capital withdraws $297M in ETH, signaling a bullish market shift Binance’s rocky past Binance previously admitted to violating U.S. anti-money laundering and sanctions laws, agreeing to a $4.3 billion settlement and pledging to withdraw from the U.S. market. CZ resigned as CEO and served four months in U.S. custody as part of the plea deal reached with the Treasury Department, the Department of Justice, and the CFTC. The senators warned that Binance’s use of a Trump-affiliated stablecoin “raises even more urgent questions” about the exchange’s compliance. They also cited reports that Zhao had lobbied for a potential presidential pardon and that the Trump family discussed acquiring a stake in Binance.US. Lawmakers are requesting updates by May 21 on Binance’s adherence to its plea agreement, its timeline for leaving the U.S., and any communication with federal agencies regarding USD1 or pardons. The letter comes as Senate Democrats recently blocked a stablecoin bill, citing the lack of provisions to bar Trump and other senior officials from profiting from crypto ventures while in office. The bill’s future remains uncertain, but discussions are ongoing. You might also like: Bitcoin and Ethereum on alert as $3b worth of options expire on Friday
In a notable development within the cryptocurrency market, a recent report from COINOTAG highlights significant activities tracked by Onchain Lens. On May 10, a prominent whale executed a transaction involving
Dogecoin (DOGE), the internet’s favorite meme-powered cryptocurrency, continues to amaze its supporters as it recently rose by 14.43% in 24 hours, trading at $0.2080. Analysts speculate that DOGE might even reach $1 by 2025, sparking renewed excitement among crypto investors. While Dogecoin’s popularity soars, another project is quietly positioning itself as a major disruptor in the blockchain world. Enter Ruvi , an innovative cryptocurrency that leverages blockchain and artificial intelligence to solve real-world challenges. With unmatched early-stage potential, Ruvi is capturing the attention of forward-thinking investors looking beyond traditional meme coins. Dogecoin’s latest highlights Dogecoin experienced a 14.43% price boost, showcasing its resilience and consistent appeal among retail investors. With a market cap of approximately $26.38 billion and a reported 24-hour trading volume of $706.81 million, DOGE remains one of the most traded assets in the crypto market. $1 price prediction creates excitement Crypto enthusiasts and analysts are buzzing about the possibility of Dogecoin hitting $1 by 2025. This ambitious target assumes bullish market conditions, community-driven momentum, and speculative adoption as a payment solution. Although this price jump is feasible, it depends on several volatile factors like market sentiment, macroeconomic conditions, and institutional interest. While Dogecoin’s trajectory fuels optimism, its inherent volatility and meme-based identity may keep it from achieving stability. Ruvi, on the other hand, combines practicality with potential, bridging the gap between crypto speculation and real-world utility. Why Ruvi has investors talking Unlike meme coins, Ruvi isn’t just about community hype; it’s built on groundbreaking innovation. By integrating blockchain technology with artificial intelligence (AI), Ruvi offers solutions in crucial industries like logistics, fraud detection, and personalized healthcare, making it more than a speculative asset. Game-changing features Deflationary tokenomics Ruvi’s total supply is capped at 1.5 billion tokens, ensuring limited availability as demand increases. This scarcity fosters long-term value appreciation for token holders. Advanced AI integration Ruvi’s AI capabilities solve real-world problems, from logistics optimization to fraud detection, providing industries with actionable insights for better decision-making. Investor-friendly presale Ruvi’s presale offers tiered bonuses, rewarding early adopters with added incentives to maximize their returns. These bonuses amplify the value of investors’ initial commitments, even before the token hits major exchanges. These features distinguish Ruvi as a cryptocurrency that prioritizes utility and growth, setting it apart from speculative alternatives like Dogecoin. Investment potential in Ruvi Ruvi tokens are projected to range between $1 and $3, presenting substantial growth opportunities for both small and large investors. Here’s a breakdown of how different investment levels could yield significant returns. $500 investment Tokens purchased: 50,000 Presale bonus: 40%, increasing total to 70,000 tokens Potential value (at $2 per token): $140,000 $3,000 investment Tokens purchased: 300,000 Presale bonus: 80%, totaling 540,000 tokens Potential value (at $2.50 per token): $1.35 million $10,000 investment Tokens purchased: 1,000,000 Presale bonus: 100%, doubling holdings to 2,000,000 tokens Potential value (at $3 per token): $6 million Ruvi’s early adoption phase and unique features offer life-changing potential for investors who act quickly. Ruvi vs Dogecoin While Dogecoin thrives on its community-driven momentum and meme appeal, Ruvi sets a clear growth-focused roadmap by addressing real-world challenges. Here’s why Ruvi stands out as the smarter investment choice: Real-World Applications Unlike Dogecoin, whose primary use is speculative trading, Ruvi integrates directly into businesses, making it indispensable in industries like healthcare and logistics. Sustainability Ruvi’s deflationary tokenomics prevent inflationary pitfalls often seen in meme coins. Early-Stage Investment Potential While Dogecoin is already a household name, Ruvi provides a lucrative ground-floor entry, giving investors the chance to secure high returns as the project scales. Take action with Ruvi Dogecoin’s rise to $0.2087 and the dazzling possibility of a $1 price point by 2025 certainly has its charm. However, Ruvi offers more than speculation. It combines innovation with accessibility, making it a perfect investment for anyone looking to capitalize on the future of blockchain technology. Whether you’re investing $500, $3,000, or $10,000, now is the time to act. With its deflationary model, AI-driven technology, and rewarding presale incentives, Ruvi is an opportunity that can redefine your financial future. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register The post DOGE resurges at $0.20, but experts suggest RUVI will skyrocket in 2025 by 20,000% appeared first on Invezz
StakeStone’s latest collaboration with Trump’s World Liberty Financial (WLFI) sets to redefine stability in the crypto market through enhanced cross-chain liquidity. This partnership provides USD1 users the ability to transfer
Coinbase has launched 24/7 Bitcoin and Ethereum futures trading for U.S. users through its CFTC-regulated arm, Coinbase Derivatives, marking a first in the regulated U.S. derivatives market. Starting May 9, traders can now access crypto futures around the clock, including weekends, offering constant execution and risk management capabilities. This development arrives just one day after Coinbase announced its $2.9 billion acquisition of crypto derivatives exchange Deribit, reinforcing its ambitions in the global derivatives market. The round-the-clock futures product — available to both retail and institutional users — brings regulated crypto markets closer to the always-on nature of digital assets. You might also like: Brazil’s B3 to launch Ethereum and Solana futures, cuts Bitcoin contract size Coinbase trading via CFTC approval Coinbase Derivatives’ infrastructure supports uninterrupted trading and clearing, with all transactions processed through CFTC -approved clearinghouse Nodal Clear. Liquidity is being supported by market maker Virtu Financial, while firms including ABN AMRO, Wedbush Securities, and Coinbase Financial Markets bolster distribution, the company said. Coinbase also plans to introduce perpetual-style futures for U.S. users—currently one of the most popular crypto derivatives globally—within a regulated framework. This news comes as Coinbase reported first-quarter revenue of $2.03 billion, missing Wall Street’s $2.12 billion estimate, as consumer trading volume dropped 17% from the prior quarter. Despite increased stablecoin revenue, adjusted earnings fell to $1.94 per share, and total net income dropped sharply from a year ago. You might also like: Abraxas Capital withdraws $297M in ETH, signaling a bullish market shift
Pepe price continued its strong surge on Friday, reaching its highest level since January, and technicals point to more gains. Pepe ( PEPE ) surged to a high of $0.00001390, up by 160% from its lowest level in March, making it one of the best-performing meme coins. The surge happened as Ethereum ( ETH ) short-squeezed and reached its highest level since March 3. Pepe and other Ethereum meme coins tend to perform well when Ether is in an uptrend. It also coincided with a broad rally in crypto and stock markets ahead of a meeting between U.S. and Chinese officials in Switzerland. The hope is that the world’s two biggest economies will de-escalate tensions and possibly reduce tariffs. You might also like: Pepe price prediction for May 2025 – the biggest run about to begin for PEPE? Pepe’s price also climbed as smart money investors bought the dip. Nansen data shows that there are now 16 smart money investors, up from 12 earlier this month. These investors have increased their holdings to 3.20 trillion PEPE, up from 2.76 trillion earlier this week. Pepe’s surge also happened as the daily volume in decentralized and centralized exchanges jumped to over $4.7 billion, higher than Dogecoin’s ( DOGE ) $3.14 billion and Shiba Inu’s ( SHIB ) $702 million. Additional data shows that futures open interest rose to over $530 million, the highest level since January 17 and well above the year-to-date low of $137 million. A rising open interest is a bullish sign, indicating growing demand. Pepe’s funding rate in the futures market has remained positive in recent weeks. Pepe price technical analysis Pepe Coin price chart | Source: crypto.news The daily chart shows that Pepe found a strong bottom around the $0.000060 level throughout 2024. It has failed to break below this price at least three times, forming a triple-bottom pattern with a neckline at $0.00002835, its all-time high. A triple bottom is a popular bullish reversal pattern. Pepe has also formed a mini golden cross pattern, with the 50-day and 100-day Weighted Moving Averages crossing each other. Therefore, the most likely price action is a short-term drop to retest support at $0.0000097, as retail investors take profits. It may then rebound and target the 50% Fibonacci Retracement level at $0.000017. A breakout above that level could open the door for more gains, potentially retesting its all-time high at $0.00002835. You might also like: How high can Pepe price jump after flipping key resistance?
Key takeaways Ethereum price prediction suggests an average market price of $5,559 by the end of 2025. In 2028, Ethereum is anticipated to trade between $16,051 and $18,518, with an average expected price of $16,492. In 2031, ETH could trade between $48,883 and $58,524 with an average price of $50,590. The Ethereum network, launched in 2015, is a decentralized platform that enables developers to create smart contracts and dApps without intermediaries, enhancing security. The Ethereum blockchain is accessible to everyone and built to support scalability, programmability, security, and decentralization, allowing for the creation of secure digital technology. Its native digital currency, ether (ETH), and smart contracts have attracted investors’ recognition and interest, while developers appreciate its utility in developing blockchain and decentralized finance applications. It also helps traders to trade Ethereum more easily So, what can traders and investors expect in the coming months and years? “Is ETH likely to go up? What will ETH be worth in 5 years?” Let’s get into the details by exploring Ethereum’s price predictions from 2025 through 2031. Overview Cryptocurrency Ethereum Token ETH Price $2,325 Market Cap $280.88 Trading Volume (24h) $16.25B Circulating Supply 120.7M ETH All-time High $4,891.70 on Nov 16, 2021 All-time Low $0.4209 on Oct 21, 2015 24-hour High $2,486.01 24-hour Low $1,989.64 Ethereum price prediction: Technical analysis Metric Value Volatility 6.88% 50-day SMA $ 1,817 200-day SMA $ 2,567 Sentiment Bearish Fear and Greed Index 52 (Neutral) Green days 17/30 (57%) Ethereum price analysis ETH/USD 1-day chart ETH/USD 1-day chart The 1-day chart for ETH on May 9 shows a robust bullish breakout, with prices surging by over 7% and decisively crossing key resistance levels. The Bollinger Bands are widening, indicating heightened volatility, while the RSI has reached 81.60, signaling strong overbought conditions. This suggests ETH’s upward trend may continue in the short term, but a cooling-off period or slight pullback is likely as the market consolidates gains. The price comfortably sits above the mid-Bollinger Band, reflecting solid momentum. Traders should be cautious of potential corrections, even as ETH maintains an optimistic technical structure that supports further medium-term appreciation if momentum holds. ETH/USD 4-hour chart analysis ETH/USD 4-hour price chart The 4-hour chart for ETH highlights a significant bullish surge, with the price consolidating above $2,300 following a strong breakout. The Bollinger Bands show extreme expansion, signaling elevated volatility, while the MACD remains bullish with wide separation between signal lines, confirming momentum strength. The Balance of Power indicator reflects sustained buyer dominance. However, the chart reveals signs of short-term overextension, which could prompt brief corrections or sideways consolidation to stabilize recent gains. Despite potential near-term pullbacks, the broader trend appears firmly bullish, and continued upward momentum is likely if ETH maintains support levels near $2,300 while building new bases for further climbs. Ethereum technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $1,857.27 BUY SMA 5 $ 1,899.95 SELL SMA 10 $ 1,865.58 BUY SMA 21 $ 1,810.15 BUY SMA 50 $ 1,817.23 BUY SMA 100 $ 2,151.13 BUY SMA 200 $ 2,567.21 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $ 1,749.39 BUY EMA 5 $ 1,723.01 BUY EMA 10 $ 1,738.99 BUY EMA 21 $ 1,820.41 BUY EMA 50 $ 2,065.25 BUY EMA 100 $ 2,388.28 SELL EMA 200 $ 2,652.95 SELL What can you expect from ETH price analysis next? Based on the 4-hour and 1-day charts, ETH demonstrates robust bullish momentum. The daily chart shows a sharp rally pushing prices above $2,350, supported by a strong RSI near overbought territory and expanded Bollinger Bands indicating high volatility. The 4-hour chart confirms this uptrend, with MACD remaining bullish and the Balance of Power favoring buyers. While the strength of the rally is clear, both timeframes suggest ETH may experience brief pullbacks or consolidation due to overbought conditions. If key support around $2,300 holds firm, ETH is well-positioned to sustain its upward trajectory, potentially targeting higher resistance levels in the near term. Is ETH a good investment? Ethereum is the largest DeFi hub with a vibrant layer-two ecosystem in the crypto market. The blockchain constantly develops, making it a go-to choice for many Web3 developers. ETH, its native token, shows promise, and the possibility of an Ethereum ETF approval makes it favorable for day traders. Over the long term, explore our price predictions. However, the opinions expressed are not investment advice; traders should consider researching before investing. What is a realistic price for Ethereum in 2025? The realistic price for Ethereum in 2025 is around $5,559 at the maximum. What will 1 Ethereum be worth in 2030? One Ethereum is expected to be worth $38,876, maximum in 2030. How high can ETH realistically go? Ethereum’s price potential depends on multiple factors, including market trends, institutional adoption, network upgrades, and macroeconomic conditions. Realistically, ETH could reach $5,000 to $7,000 in the next bullish cycle if demand increases and Ethereum’s Layer 2 solutions and scalability improvements boost adoption. If institutional interest strengthens, ETH may push past $10,000 over the long term, especially if Ethereum remains the dominant smart contract platform. However, volatility remains a key risk, with price corrections likely along the way. Regulatory clarity and Ethereum’s shift to proof-of-stake (PoS) efficiency could also positively influence its long-term valuation. Will ETH reach $10,000? Ethereum is projected to exceed $12,359 as early as 2027, with its potential low starting at $10,649. Will ETH reach $25,000? Ethereum is predicted to surpass the $25,000 level by 2029 and reach a potential high of $27,327. This optimistic outlook is based on Ethereum’s ongoing development, network security, and increasing adoption. However, cryptocurrency markets are highly volatile, so long-term projections should be cautiously approached. Will ETH reach $40,000? Based on our analysis, Ethereum will likely reach the $40,000 mark. The highest expected price is around $58,525 in 2031. Does Ethereum have a good long-term future? Most well-known altcoins are trading at lower levels, but ETH is trading above its average price of the last two years. However, a positive outbreak can be expected. The ETH/USD pair is expected to reach the $58,525 mark by 2031, so holding it longer can be beneficial. Recent news/ opinion on Ethereum Ethereum announced that its much-anticipated network upgrade, Pectra, is coming to Mainnet on May 7th. According to the announcement, Pectra introduces EIP-7702 and many more features. Ethereum's next network upgrade, Pectra, is coming to mainnet on May 7th, at epoch 364032 🎉 Pectra introduces EIP-7702, several improvements to validator UX, a doubling of the blob count (.oO!) and many other features! More on this below 👇 pic.twitter.com/W6HWVzkPra — timbeiko.eth (@TimBeiko) April 23, 2025 Ethereum price prediction May 2025 In May 2025, Ethereum is projected to reach a minimum price of $4,868, an average price of $5,025, and a maximum price of $5,961 Price Prediction Potential Low ($) Average Price ($) Potential High ($) May 2025 $3,732 $4,125 $4,243 Ethereum price forecast 2025 The Ethereum network is gearing up for the PECTRA upgrade, scheduled for May 7, 2025. This upgrade combines the previously planned Prague and Electra updates into a unified enhancement and introduces five new Ethereum Improvement Proposals (EIPs) designed to improve scalability and overall network performance. Ethereum’s price outlook remains optimistic, with projections suggesting the potential for new all-time highs, possibly reaching near $6,000, driven by adoption, innovation, and network growth. However, external economic uncertainties or unfavorable conditions could press ETH prices toward an annual low of $4,868, with average estimates based on market sentiment hovering around $5,025. Year Potential Low ($) Average Price ($) Potential High ($) 2025 $4,965 $5,122 $5,559 Ethereum price predictions 2026 – 2031 Year Potential Low ($) Average Price ($) Potential High ($) 2026 $7,310 $7,515 $8,744 2027 $10,649 $11,025 $12,359 2028 $16,051 $ 16,492 $18,518 2029 $22,450 $23,275 $27,327 2030 $33,220 $34,151 $38,876 2031 $48,883 $50,590 $58,524 Ethereum price prediction 2026 Ethereum’s price prediction for 2026 indicates notable growth potential. If market conditions are favorable, the lowest projected price is $7,310 with an average price of $7,515. On the other hand, the maximum price could climb to $8,744. Ethereum ETH price prediction 2027 Ethereum is expected to maintain its upward trajectory in 2027. However, the year’s predictions suggest a minimum price of $10,649, an average trading value of around $11,025, and a maximum price of $12,359. It is important to do your research before investing. Ethereum price prediction 2028 Ethereum’s price forecast for 2028 demonstrates steady appreciation. The potential low is estimated at $16,051, while the average price may reach $16,492, and the maximum price could rise to $18,518. Ethereum ETH price prediction 2029 Ethereum’s 2029 prices are expected to match those of 2029. The price range will be from a low of $22,450 to a high of $27,327, with an average of $23,275, signaling steady growth. Ethereum price prediction 2030 By 2030, Ethereum’s forecast minimum price could rise to $33,220, while the expected average trading price is projected at $34,151. A potential high that may reach $38,876 showcases Ethereum’s increasing appeal to investors. Ethereum price prediction 2031 By 2031, Ethereum’s price targets could reach a minimum of $48,883, an average of $50,590, and a maximum of $58,524. Ethereum price prediction 2025-2031 Ethereum market price prediction: Analysts’ ETH price forecast Firm Name 2025 2026 DigitalCoin Price $4,009.45 $4,743.83 Coincodex $ 2,886.30 $870.19 Cryptopolitan’s Ethereum price prediction Cryptopolitan forecasts Ethereum’s price to range between $3,891.30 and $4,447.20 by the end of 2025. By 2027, prices may surge and trade at $9,887.20. Ethereum historic price sentiment ETH price history | Coinmarketcap Ethereum began trading at $1.83 on March 13, 2016. By June 16, it surged to $14.48, surpassing a $1B market cap, but it dropped 45% to $11.33 on June 18 due to the DAO hack. By December 5, after a hard fork, the price fell further to $6.83. Ethereum recovered to $46.35 by March 16, 2017, and soared to $401.49 by June 12, during the ICO boom. It dipped to $157.36 by July 16 but rebounded to $253 by September 15. Ethereum surpassed $1,000 in January 2018 but dropped to $91.01 by December. Prices remained volatile between 2020’s high of $735 and low of $130. Ethereum started at $737, peaked at $4,293 in May 2021, and ended the year at $3,679, reflecting a year of significant growth. Prices declined to $1,196 by the end of 2022 amidst broader market downturns. In 2023, Ethereum started at $2,539, briefly rising to $3,595 in March before stabilizing at $3,117 in May and dropping to $2,458.90 by August. In November, ETH climbed as high as $3,739.93; in December, the coin is trading between $3,504.23 and $3,670.22. In December 2024, ETH reached a price of $3,349. As of January 2025, ETH is trading between $3,350 and $3,624. However, the closing price for Ethereum in January was $3,282. As of February 2025, ETH is trading at $2,796. ETH value decreased further in March as it dipped to the $2000 range. At the end of March, ETH further declined and traded at $1,827. At the start of April, ETH traded at $1,917. Ethereum ended April at $1786. At the start of May, ETH price is trading between $1804 and $1867