#ETHCrossed2500 the second largest cryptocurrency by market capitalization has crossed the $2,500 mark for the first time in months, signaling renewed investor confidence and growing momentum in the cryptocurrency market overall. The price increase follows a period of consolidation and comes amid rising interest in decentralized finance (DeFi), Ethereum-based applications, and anticipation surrounding the ongoing technological upgrades of Ethereum.

The recent rally has been supported by a combination of macroeconomic factors and specific cryptocurrency developments. A weakening US dollar, dovish signals from the Federal Reserve, and an increase in institutional inflows into digital assets have contributed to the bullish sentiment. Meanwhile, Ethereum's role as the backbone of many blockchain-based applications continues to drive demand for $ETH.