As of May 6, 2025, Ethereum ($ETH ) is trading at approximately $1,798.18 USD on Binance. The price has seen a slight increase of 0.076% from the previous close. During the day, $ETH reached a high of $1,829.05 and a low of $1,794.67.
After a tough April—where it recorded a 1.58% decline and marked five consecutive months of losses—Ethereum appears to be stabilizing. Despite being down 36.7% compared to last year, investor sentiment is starting to shift. Many traders are now watching for a potential breakout if $ETH can surpass key resistance levels.
A major upcoming event is the Pectra upgrade, scheduled for May 7. This update is designed to improve user experience, staking mechanisms, and transaction flexibility. If successful, it could increase demand and reduce supply, potentially driving the ETH price higher.
For live prices and charts, you can visit the Ethereum/USDT page on Binance.
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