Ethereum (ETH) recently surpassed the $2,500 mark, a significant milestone after months of consolidation below this level. This price increase was primarily driven by the successful implementation of the Pectra upgrade, which introduced substantial improvements to the Ethereum network, such as greater efficiency in transactions and staking.

#ETHCrossed2500 O Ethereum (ETH) recently surpassed the $2,500 mark, a significant milestone after months of consolidation below this level. This price increase was primarily driven by the successful implementation of the Pectra update, which introduced substantial improvements to the Ethereum network, such as greater efficiency in transactions and staking.

The Pectra update resulted in a 31% increase in the price of ETH, reaching a peak of $2,366. However, the resistance around $2,500 posed challenges, with investors taking profits, which limited the immediate price advance. Despite this, overcoming this resistance could pave the way for new levels, such as $2,654.

Currently, ETH is trading above $2,500, indicating a moment of optimism in the market. The combination of technical improvements in the network and increased institutional interest suggests that Ethereum is well-positioned to continue its upward trajectory, with analysts projecting possible targets around $3,000.