Ethereum Shows Steady Growth with Gains of Over 16% in the Past Week

Ethereum currently trades at approximately $2,993, with a 7-day increase of around 16.37%, indicating strong recent momentum. The price has recently hovered between a high of $2,993 and a low of $2,768 within the last trading session. Over the past hour, Ethereum has experienced a modest gain of 1.08%, while the 24-hour change stands at a significant 7.70%. Over the past month, the asset has grown approximately 7%, suggesting steady momentum amid volatility. Its all-time high was $4,878, which is currently 38.66% above the current price, showing room for potential recovery if bullish sentiment persists. The 24-hour trading volume is robust at $40.45 billion, and the market capitalization is around $361.14 billion, reflecting Ethereum’s prominent position in the market.