L2 Standard Bridged WETH (Base) (WETH) Daily Market Analysis 05 May 2026
WETH is trading at $2,371.04 with a 24-hour trading volume of $926.41M, up 2.67% in the last 24 hours. It is currently -0.75% from its 7-day all-time high of $2,388.86, and 6.32% from its 7-day all-time low of $2,230.07. The most significant recent development involves Aave's precautionary measures. Aave has frozen WETH reserves in Ethereum, Arbitrum, Base, Mantle, and Linea markets as a precautionary measure following the rsETH hack, which created uncollateralized bad debt risk.