Ethereum Price Influenced by Network Fundamentals, Market Forces

Ethereum is one of the most widely used cryptocurrencies, with its price in USD reflecting not just market sentiment but also global economic conditions, network usage, and developer activity.

The Ethereum network has undergone significant changes to address congestion, rising transaction fees, and energy efficiency concerns. The introduction of Layer 2 scaling networks and staking mechanisms have improved the network's reliability and sustainability while preserving decentralization.

As more users commit tokens to secure the network through staking, market liquidity dynamics shift, influencing price behavior during periods of increased demand or macroeconomic stress.