$ETH Ethereum (ETH) Update – May 2, 2025
---
📊 Current Price: $1,849.15
24h Change: +2.46%
24h Range: $1,791.34 – $1,867.77
---
📉 Recent Performance:
Ethereum has experienced a downward trend over the past year, declining approximately 37% from $2,875 in May 2024 to $1,820 in May 2025. April marked the fifth consecutive month of losses, with a 1.58% drop.
---
📈 Market Outlook:
Despite recent declines, analysts anticipate a potential recovery in May. Forecasts suggest ETH could trade between $2,500 and $2,700, supported by bullish technical indicators and increased institutional interest.
---
🔮 Long-Term Predictions:
Looking ahead, some projections estimate Ethereum could reach up to $5,925 by the end of 2025, driven by factors such as increased adoption and network upgrades.
---
📌 Summary:
Ethereum is currently trading at approximately $1,849.15, showing signs of stabilization after recent declines. While short-term volatility may persist, positive market indicators and long-term forecasts suggest potential for growth in the coming months.
---
