$ETH

. As of May 11, 2025, Ethereum (ETH) is trading at approximately $2,538, reflecting a recent uptick driven by the successful implementation of the Pectra upgrade. This upgrade, Ethereum's most significant since the 2022 Merge, introduces enhancements like increased staking caps and improved transaction efficiency, aiming to bolster the network's scalability and usability . Despite these advancements, ETH's price remains below its 2021 peak of over $4,100, partly due to competition from faster blockchains and Bitcoin's stronger institutional appeal. Looking ahead, analysts project a bullish trajectory for Ethereum, with price predictions ranging from $4,000 to $6,700 by the end of 2025, contingent on factors such as broader adoption of Layer 2 solutions, regulatory clarity, and sustained demand in decentralized finance (DeFi) and non-fungible tokens (NFTs) . However, potential regulatory challenges and market volatility could influence these outcomes.