Ethereum Price Today, December 7, 2025: Fusaka Upgrade, Record-Low Exchange Supply and $62K Long-Term Predictions
Ethereum is trading near $3,037 as of December 7, recovering from a sharp drop to $2,800 earlier in the month. The Fusaka upgrade went live December 3, increasing rollup data capacity and lowering Layer-2 costs. On-chain data shows only 8.7% of ETH on exchanges, with over 40% locked in staking and institutional products. Market cap stands around $366 billion.