Ethereum (ETH) shows positive results, reaching $2,980 with a 6.9% increase in the last 24 hours. This growth is driven by an improved market atmosphere and new expectations.
Overview of the Current Ethereum Market
On July 12, Ethereum (ETH) surpassed the $3,000 mark and is currently trading at $2,980.62, marking a significant recovery following consolidation in the $2,700–$3,000 range. The total crypto market capitalization has surpassed $2.2 trillion due to increased investor confidence and macroeconomic clarity.
Surge in Staking Activity and New Milestones
Ethereum staking has reached record levels, with over 33.8 million ETH staked—approximately 27.6% of the total supply. Over 1.05 million active validators underscore long-term investor confidence.
Ethereum Network Development and Its Impact on Price
The Ethereum network continues to advance, with the upcoming introduction of Proto-Danksharding (EIP-4844) expected to significantly lower transaction costs. Layer-2 solutions are also alleviating mainnet congestion, thereby enhancing tokeneconomics.
Ethereum's standing in July 2025 is underpinned by solid fundamental factors such as ETF optimism, record staking, and improved DeFi, allowing ETH to remain a central asset in the digital economy.
