$ETH

Ethereum (ETH) Price Update – May 1, 2025

ETH is trading around $1,817, with a slight daily dip of 0.10%.

Key Drivers:

- ETF Flows: April 30 saw $2.3M in outflows, but May 1 brought $5.8M in inflows via Fidelity—signaling renewed institutional interest.

- Upcoming Pectra Upgrade (May 7): Expected to boost scalability and could trigger bullish momentum.

Outlook:

- Bullish Prediction: Some analysts forecast ETH reaching $6,800 this month.

- Moderate View: Others suggest a price range between $2,400–$2,500.

Conclusion:

Ethereum is showing signs of strength ahead of the Pectra upgrade, supported by ETF inflows. Still, competition from Solana and L2s could affect momentum.