$ETH
Ethereum (ETH) has recently surpassed the $2,500 mark, reaching approximately $2,543.10 as of May 11, 2025. This surge follows a significant 31% rally, attributed to the successful implementation of the Pectra upgrade on May 7, 2025. PintuBeInCrypto+2BeInCrypto+2NFT Evening+2
📈 Ethereum Price Overview
MetricValue (USD)Current Price$2,543.1024h Change+$206.15Intraday High$2,587.64Intraday Low$2,330.74
🔍 Key Factors Influencing the Surge
Pectra Upgrade: The recent Pectra upgrade has enhanced Ethereum's scalability and efficiency, contributing to increased investor confidence.
Market Dynamics: Despite the rally, Ethereum faces resistance at the $2,500 level due to profit-taking activities. Approximately $12 billion worth of ETH was sold on May 8, indicating potential short-term selling pressure. Blockchain News+2BeInCrypto+2CCN.com+2
Investor Sentiment: Analysts remain optimistic, with predictions suggesting that Ethereum could target $2,654 if it successfully breaches the current resistance. BeInCrypto+1Binance+1
🖼️ Visual Insights