Ethereum Holds Steady at $2,307 Amid Ongoing Market Activity

Ethereum held steady at $2,307 on May 1, 2026, maintaining its position above the $2,300 mark. The token gained 2.06% in the last 24 hours against the dollar.

The 24-hour trading volume reached $11.28 billion, ranking ETH among the highest-volume assets in the market. Its market capitalization stood at approximately $278.5 billion, placing it second overall behind Bitcoin.

Traders are closely watching the ETH/BTC ratio, which remained flat with a 0.59% decline. A sustained move higher in this ratio would indicate Ethereum is outperforming Bitcoin on a relative basis.