BlackRock, the world’s largest investment firm, is showing strong interest in Ethereum (ETH) and sees big potential in Ethereum’s ability to run smart contracts and support decentralized apps.
The number of Ethereum validators is increasing, indicating the growing popularity and adoption of Ethereum.
Analysts suggest that Ethereum's price is currently in a bearish trend, with the market shifting from bullish to bearish.
Ethereum is testing a key support level at around $1,870, and if it breaks below, the next stop could be around $1,500.