$ETH Ethereum (ETH) is currently trading at approximately $2,342.23, reflecting a significant surge of about 20% in the past 24 hours.

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This rally follows the successful implementation of Ethereum's Pectra upgrade on May 7, 2025, which aims to enhance transaction speeds and reduce costs. Additionally, positive market sentiment stemming from the U.S.-U.K. trade agreement has contributed to increased investor confidence.