$ETH

Ethereum (ETH) has recently surged past the $2,400 mark, driven by a combination of strong institutional interest, technical upgrades, and bullish market sentiment. Major firms like Abraxas Capital have withdrawn large amounts of ETH from exchanges, suggesting long-term confidence. The recent Pectra upgrade has improved transaction speed and reduced fees, enhancing Ethereum’s usability and appeal. Technically, ETH has broken key resistance levels, with analysts predicting potential gains toward $2,500. This rally has pushed Ethereum’s market capitalization close to $300 billion, solidifying its position as the second-largest cryptocurrency. Investors are closely watching for continued momentum and further network improvements.