#Ethereum Ethereum ($ETH ) is trading at $2,409 on Binance, up 1.37% in 24 hours. This follows a strong rally after the Pectra upgrade on May 7, which improved scalability. Despite gains, ETH faces concerns over stagnant network activity and weak institutional demand, with the ETH/BTC ratio hitting a low of 0.019. Analysts expect ETH to potentially rise to $2,800 by mid-May and $3,500–$3,700 by year-end.

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