Ethereum ($ETH ) stabilizes after recent decline

Ethereum ($ETH ) is trading around $3,357, down 1.15% in the last 24 hours. The price fluctuated between $3,295 and $3,396. Increased interest in layer two solutions, such as Arbitrum and Optimism, is contributing to higher network throughput and lower fees. The implementation of the Ethereum 2.1 upgrade in early 2025 is expected to push the price to $4,000