Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead
Ethereum is gearing up for a price rebound this May, driven by its historical performance and rising institutional interest. Analyst Cyclop points to ETH’s consistent gains in May—averaging 27.36% since 2016—as a sign of potential bullish momentum, with notable past spikes including a 70% surge in 2017.
Despite concerns from regulators and falling metrics, major institutions are doubling down on Ethereum. Alibaba, Deutsche Bank, BlackRock, Fidelity, Visa, and Mastercard are all expanding operations on the network. Even political figures like Trump are heavily invested in ETH.
Developers are responding with plans for a network overhaul. While some, like Dankrad Feist, warn of scaling risks, Vitalik Buterin proposes a simplification strategy to mirror Bitcoin. As Ethereum undergoes this transformation, many believe a rally past $2,000 is within reach.
